Ducommun Incorporated (DCO) VP Christopher D. Wampler Sells 750 Shares

Ducommun Incorporated (NYSE:DCO) VP Christopher D. Wampler sold 750 shares of Ducommun stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $27.72, for a total transaction of $20,790.00. Following the completion of the sale, the vice president now owns 6,671 shares in the company, valued at $184,920.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Ducommun Incorporated (DCO) traded down $0.23 during trading on Friday, reaching $26.85. 30,517 shares of the company’s stock traded hands, compared to its average volume of 74,520. The firm has a market cap of $306.77, a PE ratio of 19.77 and a beta of 0.87. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.06 and a current ratio of 2.46. Ducommun Incorporated has a 52-week low of $24.23 and a 52-week high of $35.58.

Ducommun (NYSE:DCO) last released its earnings results on Wednesday, November 1st. The aerospace company reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.03. The firm had revenue of $138.70 million for the quarter, compared to analysts’ expectations of $143.72 million. Ducommun had a net margin of 2.40% and a return on equity of 7.20%. Ducommun’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company earned $0.44 EPS. equities research analysts anticipate that Ducommun Incorporated will post 0.59 earnings per share for the current year.

Several research firms have commented on DCO. Sidoti cut shares of Ducommun from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 17th. B. Riley set a $40.00 target price on shares of Ducommun and gave the company a “buy” rating in a research note on Monday, October 30th. Canaccord Genuity raised their target price on shares of Ducommun from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. Zacks Investment Research cut shares of Ducommun from a “hold” rating to a “sell” rating in a research note on Thursday, November 2nd. Finally, ValuEngine cut shares of Ducommun from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $36.80.

A number of institutional investors have recently added to or reduced their stakes in the business. Tocqueville Asset Management L.P. grew its stake in shares of Ducommun by 5.1% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 206,300 shares of the aerospace company’s stock worth $6,612,000 after purchasing an additional 10,000 shares during the last quarter. Municipal Employees Retirement System of Michigan acquired a new position in shares of Ducommun in the 2nd quarter worth approximately $496,000. Royal Bank of Canada grew its stake in shares of Ducommun by 4.2% in the 2nd quarter. Royal Bank of Canada now owns 1,460,820 shares of the aerospace company’s stock worth $46,133,000 after purchasing an additional 58,559 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Ducommun by 7.0% in the 1st quarter. Vanguard Group Inc. now owns 441,569 shares of the aerospace company’s stock worth $12,712,000 after purchasing an additional 29,007 shares during the last quarter. Finally, Prudential Financial Inc. acquired a new position in shares of Ducommun in the 2nd quarter worth approximately $768,000. 82.85% of the stock is currently owned by hedge funds and other institutional investors.

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Ducommun Company Profile

Ducommun Incorporated is a global provider of engineering and manufacturing services for various products and failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions.

Insider Buying and Selling by Quarter for Ducommun (NYSE:DCO)

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