Royce & Associates LP Sells 2,279 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Royce & Associates LP trimmed its holdings in shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 1.5% in the fourth quarter, HoldingsChannel reports. The firm owned 146,965 shares of the industrial products company’s stock after selling 2,279 shares during the period. Royce & Associates LP’s holdings in Core Molding Technologies were worth $2,431,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Tieton Capital Management LLC raised its stake in shares of Core Molding Technologies by 58.9% in the third quarter. Tieton Capital Management LLC now owns 282,036 shares of the industrial products company’s stock worth $4,854,000 after acquiring an additional 104,515 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Core Molding Technologies by 1.6% in the third quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock valued at $3,012,000 after purchasing an additional 2,737 shares in the last quarter. State Street Corp increased its holdings in shares of Core Molding Technologies by 0.8% in the third quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock valued at $2,709,000 after purchasing an additional 1,267 shares in the last quarter. Diamond Hill Capital Management Inc. raised its position in Core Molding Technologies by 3.5% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 154,604 shares of the industrial products company’s stock worth $2,557,000 after purchasing an additional 5,284 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Core Molding Technologies during the 4th quarter worth $676,000. Institutional investors own 58.79% of the company’s stock.

Insider Transactions at Core Molding Technologies

In other news, CEO David L. Duvall sold 4,500 shares of the firm’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $16.47, for a total value of $74,115.00. Following the transaction, the chief executive officer now directly owns 238,841 shares in the company, valued at $3,933,711.27. This trade represents a 1.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 13.10% of the stock is owned by corporate insiders.

Core Molding Technologies Trading Up 3.6 %

Shares of CMT stock opened at $15.13 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. Core Molding Technologies, Inc. has a 12 month low of $12.25 and a 12 month high of $21.00. The stock has a market capitalization of $135.56 million, a P/E ratio of 8.55 and a beta of 1.74.

Analyst Ratings Changes

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

Core Molding Technologies Company Profile

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.