Ducommun Incorporated (NYSE:DCO) Stock Position Raised by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL grew its holdings in shares of Ducommun Incorporated (NYSE:DCO - Free Report) by 214.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,777 shares of the aerospace company's stock after acquiring an additional 31,918 shares during the quarter. Tudor Investment Corp ET AL owned about 0.32% of Ducommun worth $2,978,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DCO. Sterling Capital Management LLC lifted its holdings in shares of Ducommun by 804.2% during the 4th quarter. Sterling Capital Management LLC now owns 434 shares of the aerospace company's stock worth $28,000 after acquiring an additional 386 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in Ducommun in the fourth quarter worth $32,000. Venturi Wealth Management LLC lifted its stake in shares of Ducommun by 833.3% in the fourth quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company's stock worth $46,000 after buying an additional 650 shares in the last quarter. US Bancorp DE lifted its position in Ducommun by 49.9% during the fourth quarter. US Bancorp DE now owns 1,327 shares of the aerospace company's stock valued at $84,000 after purchasing an additional 442 shares during the period. Finally, R Squared Ltd bought a new stake in shares of Ducommun in the fourth quarter worth $87,000. 92.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on DCO. B. Riley reiterated a "buy" rating on shares of Ducommun in a research report on Wednesday. StockNews.com upgraded shares of Ducommun from a "buy" rating to a "strong-buy" rating in a report on Wednesday. Finally, Truist Financial set a $76.00 price objective on Ducommun in a research note on Wednesday. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ducommun has an average rating of "Buy" and a consensus price target of $76.00.

Ducommun Price Performance

DCO traded up $0.78 on Thursday, hitting $64.46. 14,176 shares of the company were exchanged, compared to its average volume of 76,967. Ducommun Incorporated has a fifty-two week low of $51.76 and a fifty-two week high of $70.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.16 and a current ratio of 3.21. The business's fifty day moving average is $57.67 and its 200 day moving average is $62.24. The firm has a market capitalization of $958.07 million, a P/E ratio of 32.39 and a beta of 1.30.

Ducommun (NYSE:DCO - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $0.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.20. Ducommun had a return on equity of 7.40% and a net margin of 3.82%. The firm had revenue of $194.11 million for the quarter, compared to analyst estimates of $192.30 million. During the same period last year, the company earned $0.70 EPS. The firm's quarterly revenue was up 1.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Ducommun Incorporated will post 3.21 EPS for the current year.

About Ducommun

Ducommun Incorporated provides engineering and manufacturing services for products and applications used primarily in the aerospace and defense, industrial, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.