Ducommun Incorporated (NYSE:DCO) Shares Sold by Teton Advisors Inc.

Teton Advisors Inc. decreased its holdings in shares of Ducommun Incorporated (NYSE:DCO) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,000 shares of the aerospace company’s stock after selling 13,000 shares during the quarter. Ducommun comprises approximately 4.2% of Teton Advisors Inc.’s holdings, making the stock its biggest holding. Teton Advisors Inc. owned approximately 0.87% of Ducommun worth $8,148,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wellington Management Group LLP purchased a new stake in Ducommun during the 3rd quarter worth $8,990,000. Jane Street Group LLC boosted its holdings in Ducommun by 140.4% in the third quarter. Jane Street Group LLC now owns 34,655 shares of the aerospace company’s stock valued at $2,281,000 after purchasing an additional 20,240 shares during the last quarter. Barclays PLC grew its stake in Ducommun by 137.2% during the 3rd quarter. Barclays PLC now owns 53,382 shares of the aerospace company’s stock valued at $3,514,000 after purchasing an additional 30,873 shares in the last quarter. Geode Capital Management LLC increased its holdings in Ducommun by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 310,704 shares of the aerospace company’s stock worth $20,458,000 after purchasing an additional 1,610 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Ducommun during the 3rd quarter valued at approximately $204,000. Institutional investors and hedge funds own 92.15% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. StockNews.com raised shares of Ducommun from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 27th. Truist Financial lifted their price target on Ducommun from $80.00 to $82.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada assumed coverage on Ducommun in a research note on Tuesday, December 31st. They set an “outperform” rating and a $72.00 price objective on the stock.

Ducommun Price Performance

DCO opened at $56.48 on Tuesday. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 0.37. The company’s 50-day moving average price is $59.49 and its 200 day moving average price is $63.08. Ducommun Incorporated has a fifty-two week low of $51.39 and a fifty-two week high of $70.50. The firm has a market cap of $839.46 million, a price-to-earnings ratio of 28.38 and a beta of 1.27.

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.