Teton Advisors Inc. Cuts Stock Position in Ducommun Incorporated (NYSE:DCO)

Teton Advisors Inc. trimmed its position in shares of Ducommun Incorporated (NYSE:DCO) by 9.2% in the fourth quarter, HoldingsChannel reports. The firm owned 128,000 shares of the aerospace company’s stock after selling 13,000 shares during the period. Ducommun makes up 4.2% of Teton Advisors Inc.’s investment portfolio, making the stock its largest position. Teton Advisors Inc.’s holdings in Ducommun were worth $8,148,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in DCO. Gamco Investors INC. ET AL raised its position in shares of Ducommun by 2.1% during the 4th quarter. Gamco Investors INC. ET AL now owns 581,706 shares of the aerospace company’s stock worth $37,031,000 after buying an additional 11,834 shares in the last quarter. Geode Capital Management LLC lifted its position in Ducommun by 0.5% in the third 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 period. Kennedy Capital Management LLC boosted its stake in Ducommun by 60.9% during the 4th quarter. Kennedy Capital Management LLC now owns 273,517 shares of the aerospace company’s stock valued at $17,412,000 after purchasing an additional 103,570 shares in the last quarter. First Eagle Investment Management LLC boosted its stake in Ducommun by 4.4% during the 4th quarter. First Eagle Investment Management LLC now owns 253,087 shares of the aerospace company’s stock valued at $16,112,000 after purchasing an additional 10,700 shares in the last quarter. Finally, Royce & Associates LP increased its position in shares of Ducommun by 4.8% during the 4th quarter. Royce & Associates LP now owns 234,991 shares of the aerospace company’s stock valued at $14,960,000 after purchasing an additional 10,700 shares during the period. Institutional investors and hedge funds own 92.15% of the company’s stock.

Analyst Upgrades and Downgrades

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

Ducommun Price Performance

DCO stock opened at $56.48 on Tuesday. Ducommun Incorporated has a one year low of $51.39 and a one year high of $70.50. The firm has a 50-day moving average of $59.49 and a two-hundred day moving average of $63.08. The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $839.46 million, a PE ratio of 28.38 and a beta of 1.27.

Ducommun Company Profile

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.