Empowered Funds LLC Has $628,000 Stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Empowered Funds LLC grew its holdings in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,974 shares of the industrial products company’s stock after purchasing an additional 1,792 shares during the period. Empowered Funds LLC owned about 0.42% of Core Molding Technologies worth $628,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. State Street Corp increased its holdings in Core Molding Technologies by 0.8% in the third quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock worth $2,709,000 after buying an additional 1,267 shares during the last quarter. MetLife Investment Management LLC increased its holdings in Core Molding Technologies by 131.0% in the third quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock worth $77,000 after buying an additional 2,529 shares during the last quarter. Geode Capital Management LLC increased its holdings in Core Molding Technologies by 1.6% in the third quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock worth $3,012,000 after buying an additional 2,737 shares during the last quarter. Barclays PLC increased its holdings in Core Molding Technologies by 278.9% in the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company’s stock worth $172,000 after buying an additional 7,318 shares during the last quarter. Finally, Royce & Associates LP increased its holdings in Core Molding Technologies by 7.2% in the third quarter. Royce & Associates LP now owns 149,244 shares of the industrial products company’s stock worth $2,568,000 after buying an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 58.79% of the company’s stock.

Insiders Place Their Bets

In other news, CEO David L. Duvall sold 4,500 shares of the 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 sale, the chief executive officer now directly owns 238,841 shares of the company’s stock, valued at approximately $3,933,711.27. This represents a 1.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John P. Zimmer sold 7,600 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $17.78, for a total value of $135,128.00. Following the completion of the sale, the chief financial officer now directly owns 107,959 shares of the company’s stock, valued at $1,919,511.02. This represents a 6.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 44,190 shares of company stock valued at $734,561 over the last 90 days. 13.10% of the stock is currently owned by company insiders.

Core Molding Technologies Stock Performance

NYSEAMERICAN:CMT opened at $13.91 on Wednesday. Core Molding Technologies, Inc. has a 52 week low of $13.00 and a 52 week high of $21.00. The company has a market capitalization of $124.63 million, a P/E ratio of 7.86 and a beta of 1.74. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.41.

Core Molding Technologies Profile

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.