Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Shares Sold by Quadrature Capital Ltd

Quadrature Capital Ltd cut its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) by 22.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,157 shares of the company’s stock after selling 35,319 shares during the quarter. Quadrature Capital Ltd owned 0.11% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $873,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of LOMA. Capital International Investors grew its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 1.5% during the 4th quarter. Capital International Investors now owns 7,376,453 shares of the company’s stock worth $52,299,000 after purchasing an additional 109,924 shares during the period. RWC Asset Management LLP grew its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 14.6% during the fourth quarter. RWC Asset Management LLP now owns 1,444,375 shares of the company’s stock worth $10,241,000 after buying an additional 184,419 shares during the period. Penserra Capital Management LLC increased its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 96.9% in the third quarter. Penserra Capital Management LLC now owns 112,212 shares of the company’s stock valued at $676,000 after buying an additional 55,211 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 120.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 112,154 shares of the company’s stock valued at $676,000 after acquiring an additional 61,247 shares during the period. Finally, Jump Financial LLC boosted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 41.8% during the 4th quarter. Jump Financial LLC now owns 55,602 shares of the company’s stock worth $394,000 after acquiring an additional 16,402 shares in the last quarter. Hedge funds and other institutional investors own 19.32% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on LOMA shares. UBS Group downgraded Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $6.00 to $5.00 in a research note on Thursday, April 4th. Bank of America upgraded Loma Negra Compañía Industrial Argentina Sociedad Anónima from an “underperform” rating to a “neutral” rating and raised their price target for the company from $7.10 to $8.10 in a research report on Monday, April 8th.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance

LOMA stock opened at $6.95 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.37 and a current ratio of 1.19. The stock’s 50 day moving average price is $7.17 and its 200 day moving average price is $6.93. The firm has a market cap of $811.34 million, a P/E ratio of 16.95 and a beta of 1.48. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 1 year low of $5.64 and a 1 year high of $7.87.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.52 EPS for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a return on equity of 6.34% and a net margin of 5.68%. The business had revenue of $137.71 million for the quarter. During the same period in the previous year, the business earned $0.24 EPS. On average, sell-side analysts expect that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.79 earnings per share for the current fiscal year.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.