Barclays PLC Grows Position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Barclays PLC boosted its stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 278.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,942 shares of the industrial products company’s stock after buying an additional 7,318 shares during the quarter. Barclays PLC owned approximately 0.11% of Core Molding Technologies worth $172,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Tieton Capital Management LLC increased its holdings in Core Molding Technologies by 58.9% in the 3rd quarter. Tieton Capital Management LLC now owns 282,036 shares of the industrial products company’s stock worth $4,854,000 after acquiring an additional 104,515 shares during the last quarter. American Century Companies Inc. increased its holdings in Core Molding Technologies by 19.1% in the 2nd quarter. American Century Companies Inc. now owns 176,950 shares of the industrial products company’s stock worth $2,821,000 after acquiring an additional 28,376 shares during the last quarter. Geode Capital Management LLC increased its holdings in Core Molding Technologies by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock worth $3,012,000 after acquiring an additional 2,737 shares during the last quarter. State Street Corp increased its holdings in Core Molding Technologies by 0.8% in the 3rd quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock worth $2,709,000 after acquiring an additional 1,267 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. increased its holdings in Core Molding Technologies by 10.4% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 149,320 shares of the industrial products company’s stock worth $2,570,000 after acquiring an additional 14,039 shares during the last quarter. 58.79% of the stock is owned by hedge funds and other institutional investors.

Core Molding Technologies Stock Performance

Shares of NYSEAMERICAN CMT opened at $14.86 on Thursday. Core Molding Technologies, Inc. has a 52 week low of $14.23 and a 52 week high of $21.00. The company has a quick ratio of 1.98, a current ratio of 2.41 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $133.15 million, a price-to-earnings ratio of 8.40 and a beta of 1.76.

Core Molding Technologies (NYSEAMERICAN:CMT) last issued its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.13. The firm had revenue of $72.99 million during the quarter, compared to the consensus estimate of $71.57 million. Core Molding Technologies had a return on equity of 10.76% and a net margin of 4.95%. On average, equities research analysts expect that Core Molding Technologies, Inc. will post 1.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Core Molding Technologies news, CFO John P. Zimmer sold 7,600 shares of Core Molding Technologies stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $17.78, for a total value of $135,128.00. Following the transaction, the chief financial officer now directly owns 107,959 shares of the company’s stock, valued at $1,919,511.02. The trade was a 6.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David L. Duvall sold 4,500 shares of Core Molding Technologies stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $16.47, for a total value of $74,115.00. Following the completion of the transaction, the chief executive officer now directly owns 238,841 shares in the company, valued at $3,933,711.27. This trade represents a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 44,190 shares of company stock worth $734,561 in the last quarter. 13.10% of the stock is owned by insiders.

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.