Venturi Wealth Management LLC Has $46,000 Stock Position in Ducommun Incorporated (NYSE:DCO)

Venturi Wealth Management LLC raised its position in shares of Ducommun Incorporated (NYSE:DCO) by 833.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 728 shares of the aerospace company’s stock after purchasing an additional 650 shares during the period. Venturi Wealth Management LLC’s holdings in Ducommun were worth $46,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Central Pacific Bank Trust Division acquired a new stake in Ducommun in the fourth quarter valued at about $32,000. Point72 DIFC Ltd increased its position in Ducommun by 591.2% during the 3rd quarter. Point72 DIFC Ltd now owns 788 shares of the aerospace company’s stock worth $52,000 after purchasing an additional 674 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Ducommun during the 3rd quarter worth approximately $80,000. R Squared Ltd acquired a new position in Ducommun during the 4th quarter worth approximately $87,000. Finally, Quantbot Technologies LP acquired a new position in Ducommun during the 3rd quarter worth approximately $132,000. 92.15% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Ducommun news, Director Robert C. Ducommun sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $69.50, for a total value of $69,500.00. Following the transaction, the director now directly owns 409,900 shares of the company’s stock, valued at approximately $28,488,050. The trade was a 0.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 8.80% of the company’s stock.

Ducommun Price Performance

Shares of NYSE:DCO opened at $61.16 on Wednesday. The firm has a market cap of $903.87 million, a PE ratio of 30.73 and a beta of 1.40. Ducommun Incorporated has a 52 week low of $47.53 and a 52 week high of $70.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.16 and a current ratio of 3.21. The firm’s fifty day moving average is $65.09 and its 200-day moving average is $64.68.

Analyst Upgrades and Downgrades

DCO has been the subject of a number of research analyst reports. Royal Bank of Canada started coverage on shares of Ducommun in a research report on Tuesday, December 31st. They set an “outperform” rating and a $72.00 price objective for the company. StockNews.com raised Ducommun from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 12th. Finally, Truist Financial raised their price objective on Ducommun from $80.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, January 14th.

Ducommun 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.