95,700 Shares in Ducommun Incorporated (NYSE:DCO) Purchased by Oberweis Asset Management Inc.

Oberweis Asset Management Inc. bought a new stake in Ducommun Incorporated (NYSE:DCO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 95,700 shares of the aerospace company’s stock, valued at approximately $6,092,000. Oberweis Asset Management Inc. owned about 0.65% of Ducommun at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sterling Capital Management LLC raised its position in shares of Ducommun by 804.2% in the fourth quarter. Sterling Capital Management LLC now owns 434 shares of the aerospace company’s stock valued at $28,000 after buying an additional 386 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in Ducommun in the 4th quarter valued at $32,000. Venturi Wealth Management LLC lifted its stake in shares of Ducommun by 833.3% during the 4th quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company’s stock worth $46,000 after purchasing an additional 650 shares during the period. US Bancorp DE boosted its holdings in shares of Ducommun by 49.9% during the fourth quarter. US Bancorp DE now owns 1,327 shares of the aerospace company’s stock worth $84,000 after purchasing an additional 442 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Ducommun in the fourth quarter valued at $87,000. 92.15% of the stock is currently owned by hedge funds and other institutional investors.

Ducommun Stock Performance

Shares of NYSE:DCO opened at $56.38 on Friday. The firm has a market capitalization of $837.98 million, a PE ratio of 28.33 and a beta of 1.27. Ducommun Incorporated has a 12 month low of $51.76 and a 12 month high of $70.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16. The business has a 50-day moving average of $58.06 and a two-hundred day moving average of $62.60.

Wall Street Analyst Weigh In

DCO has been the topic of several recent analyst reports. Royal Bank of Canada initiated coverage on Ducommun in a research report on Tuesday, December 31st. They set an “outperform” rating and a $72.00 target price on the stock. StockNews.com cut shares of Ducommun from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 15th. Finally, Truist Financial dropped their price target on shares of Ducommun from $82.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, April 17th.

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.