Ducommun Incorporated (NYSE:DCO) Shares Acquired by Bragg Financial Advisors Inc

Bragg Financial Advisors Inc lifted its stake in Ducommun Incorporated (NYSE:DCO) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,420 shares of the aerospace company’s stock after purchasing an additional 476 shares during the period. Bragg Financial Advisors Inc owned approximately 0.69% of Ducommun worth $6,456,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC lifted its position in shares of Ducommun by 46.1% during the 3rd quarter. FMR LLC now owns 44,331 shares of the aerospace company’s stock valued at $2,918,000 after acquiring an additional 13,989 shares during the period. Wellington Management Group LLP purchased a new stake in Ducommun during the third quarter worth $8,990,000. Jane Street Group LLC grew 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 increased its position in shares of Ducommun by 137.2% in the third quarter. Barclays PLC now owns 53,382 shares of the aerospace company’s stock valued at $3,514,000 after buying an additional 30,873 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of 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 buying an additional 1,610 shares during the last quarter. Hedge funds and other institutional investors own 92.15% of the company’s stock.

Ducommun Trading Up 0.5 %

Ducommun stock opened at $55.52 on Monday. The stock has a 50-day moving average price of $59.73 and a 200 day moving average price of $63.14. Ducommun Incorporated has a 52 week low of $51.39 and a 52 week high of $70.50. The stock has a market cap of $825.21 million, a PE ratio of 27.90 and a beta of 1.27. The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 0.37.

Analyst Upgrades and Downgrades

DCO has been the topic of a number of research reports. 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. 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, StockNews.com raised shares of Ducommun from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 27th.

Ducommun 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.