Raymond James Financial Inc. Takes $676,000 Position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Raymond James Financial Inc. bought a new position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 40,864 shares of the industrial products company's stock, valued at approximately $676,000. Raymond James Financial Inc. owned approximately 0.46% of Core Molding Technologies at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC increased its position in shares of Core Molding Technologies by 278.9% during the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company's stock worth $172,000 after purchasing an additional 7,318 shares in the last quarter. American Century Companies Inc. increased its position in Core Molding Technologies by 0.6% during the 4th quarter. American Century Companies Inc. now owns 198,994 shares of the industrial products company's stock valued at $3,291,000 after buying an additional 1,191 shares in the last quarter. Empowered Funds LLC raised its stake in Core Molding Technologies by 5.0% in the fourth quarter. Empowered Funds LLC now owns 37,974 shares of the industrial products company's stock valued at $628,000 after buying an additional 1,792 shares during the last quarter. Tieton Capital Management LLC boosted its holdings in Core Molding Technologies by 24.0% in the fourth quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company's stock worth $5,786,000 after acquiring an additional 67,800 shares in the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new stake in shares of Core Molding Technologies during the fourth quarter worth about $1,121,000. Institutional investors own 58.79% of the company's stock.

Core Molding Technologies Trading Up 0.9%

NYSEAMERICAN CMT traded up $0.14 on Tuesday, reaching $15.62. 2,554 shares of the company were exchanged, compared to its average volume of 38,875. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. The firm has a fifty day simple moving average of $14.95. The company has a market cap of $139.96 million, a PE ratio of 8.82 and a beta of 1.74. Core Molding Technologies, Inc. has a fifty-two week low of $12.25 and a fifty-two week high of $20.29.

Analysts Set New Price Targets

Separately, Roth Capital set a $22.00 target price on shares of Core Molding Technologies in a research note on Wednesday, March 12th.

About Core Molding Technologies

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.