Rice Hall James & Associates LLC Has $3.91 Million Holdings in Ducommun Incorporated (NYSE:DCO)

Rice Hall James & Associates LLC raised its position in shares of Ducommun Incorporated (NYSE:DCO) by 21.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,418 shares of the aerospace company’s stock after acquiring an additional 10,746 shares during the period. Rice Hall James & Associates LLC owned approximately 0.42% of Ducommun worth $3,910,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Venturi Wealth Management LLC boosted its holdings in shares of Ducommun by 833.3% during the fourth quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company’s stock worth $46,000 after acquiring an additional 650 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Ducommun by 216.7% during the fourth quarter. Van ECK Associates Corp now owns 20,950 shares of the aerospace company’s stock worth $1,334,000 after acquiring an additional 14,334 shares during the period. R Squared Ltd bought a new stake in shares of Ducommun during the fourth quarter worth approximately $87,000. ARS Investment Partners LLC bought a new stake in shares of Ducommun during the fourth quarter worth approximately $204,000. Finally, Annex Advisory Services LLC boosted its holdings in shares of Ducommun by 37.6% during the fourth quarter. Annex Advisory Services LLC now owns 37,411 shares of the aerospace company’s stock worth $2,382,000 after acquiring an additional 10,228 shares during the period. Institutional investors own 92.15% of the company’s stock.

Ducommun Trading Down 0.2 %

Shares of DCO stock opened at $62.37 on Wednesday. The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 0.37. The stock has a market cap of $921.89 million, a P/E ratio of 31.34 and a beta of 1.40. The stock has a 50 day simple moving average of $65.29 and a 200 day simple moving average of $64.60. Ducommun Incorporated has a 1 year low of $47.53 and a 1 year high of $70.50.

Insiders Place Their Bets

In other Ducommun news, Director Robert C. Ducommun sold 1,000 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $69.50, for a total transaction of $69,500.00. Following the completion of the sale, the director now directly owns 409,900 shares in the company, valued at $28,488,050. This represents a 0.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 8.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DCO. StockNews.com upgraded Ducommun from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 12th. Royal Bank of Canada initiated coverage on Ducommun in a research note on Tuesday, December 31st. They issued an “outperform” rating and a $72.00 price target for the company. Finally, Truist Financial boosted their price target on Ducommun from $80.00 to $82.00 and gave the company a “buy” rating in a research note 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.