9,781 Shares in Ducommun Incorporated (NYSE:DCO) Purchased by XTX Topco Ltd

XTX Topco Ltd purchased a new position in Ducommun Incorporated (NYSE:DCO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,781 shares of the aerospace company's stock, valued at approximately $623,000. XTX Topco Ltd owned 0.07% of Ducommun at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in DCO. PNC Financial Services Group Inc. increased its holdings in Ducommun by 12.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,298 shares of the aerospace company's stock valued at $146,000 after buying an additional 261 shares during the period. Sterling Capital Management LLC raised its stake in Ducommun by 804.2% in the fourth quarter. Sterling Capital Management LLC now owns 434 shares of the aerospace company's stock worth $28,000 after buying an additional 386 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Ducommun by 1.1% in the fourth quarter. Bank of New York Mellon Corp now owns 40,454 shares of the aerospace company's stock worth $2,575,000 after buying an additional 430 shares in the last quarter. US Bancorp DE raised its stake in Ducommun by 49.9% in the fourth quarter. US Bancorp DE now owns 1,327 shares of the aerospace company's stock worth $84,000 after buying an additional 442 shares in the last quarter. Finally, Bragg Financial Advisors Inc raised its stake in Ducommun by 0.5% in the fourth quarter. Bragg Financial Advisors Inc now owns 101,420 shares of the aerospace company's stock worth $6,456,000 after buying an additional 476 shares in the last quarter. Hedge funds and other institutional investors own 92.15% of the company's stock.

Ducommun Stock Performance

NYSE:DCO traded up $0.76 during mid-day trading on Thursday, hitting $56.67. The company's stock had a trading volume of 10,885 shares, compared to its average volume of 76,766. Ducommun Incorporated has a 1 year low of $51.76 and a 1 year high of $70.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16. The stock has a market cap of $842.29 million, a price-to-earnings ratio of 28.38 and a beta of 1.27. The business's fifty day moving average is $58.19 and its two-hundred day moving average is $62.65.

Wall Street Analyst Weigh In

DCO has been the subject of a number of recent research reports. StockNews.com downgraded shares of Ducommun from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 15th. Royal Bank of Canada initiated coverage on Ducommun in a research report on Tuesday, December 31st. They set an "outperform" rating and a $72.00 price target on the stock. Finally, Truist Financial cut their target price on Ducommun from $82.00 to $70.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th.

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.