LSV Asset Management Has $736,000 Stock Position in Core Molding Technologies Inc $CMT

LSV Asset Management grew its position in Core Molding Technologies Inc (NYSEAMERICAN:CMT) by 188.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,363 shares of the industrial products company’s stock after purchasing an additional 28,972 shares during the period. LSV Asset Management owned about 0.50% of Core Molding Technologies worth $736,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Mackenzie Financial Corp lifted its holdings in shares of Core Molding Technologies by 185.3% during the 1st quarter. Mackenzie Financial Corp now owns 76,994 shares of the industrial products company’s stock valued at $1,170,000 after buying an additional 50,005 shares during the last quarter. Ritholtz Wealth Management bought a new position in Core Molding Technologies during the second quarter valued at approximately $578,000. Pacific Ridge Capital Partners LLC lifted its stake in Core Molding Technologies by 28.0% in the first quarter. Pacific Ridge Capital Partners LLC now owns 153,694 shares of the industrial products company’s stock valued at $2,336,000 after acquiring an additional 33,663 shares during the last quarter. Strs Ohio bought a new stake in Core Molding Technologies in the first quarter worth approximately $497,000. Finally, Diamond Hill Capital Management Inc. grew its position in Core Molding Technologies by 18.0% in the first quarter. Diamond Hill Capital Management Inc. now owns 182,452 shares of the industrial products company’s stock worth $2,773,000 after acquiring an additional 27,848 shares in the last quarter. 58.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Core Molding Technologies

In related news, Director Matthew Jauchius sold 6,020 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $19.84, for a total value of $119,436.80. Following the transaction, the director directly owned 51,522 shares of the company’s stock, valued at approximately $1,022,196.48. This trade represents a 10.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David L. Duvall sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $20.32, for a total value of $1,016,000.00. Following the completion of the sale, the chief executive officer owned 148,780 shares of the company’s stock, valued at approximately $3,023,209.60. This trade represents a 25.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 66,020 shares of company stock worth $1,323,561 over the last three months. Corporate insiders own 10.00% of the company’s stock.

Core Molding Technologies Stock Up 1.5%

Core Molding Technologies stock opened at $18.78 on Friday. The company has a market capitalization of $166.39 million, a P/E ratio of 17.39 and a beta of 0.88. The firm’s fifty day simple moving average is $19.32 and its 200-day simple moving average is $17.91. The company has a current ratio of 2.85, a quick ratio of 2.36 and a debt-to-equity ratio of 0.12. Core Molding Technologies Inc has a 1-year low of $12.25 and a 1-year high of $22.29.

About Core Molding Technologies

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.