Villanova Investment Management Co LLC Purchases 14,358 Shares of DMC Global Inc. (NASDAQ:BOOM)

Villanova Investment Management Co LLC raised its stake in shares of DMC Global Inc. (NASDAQ:BOOM) by 10.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 147,297 shares of the industrial products company’s stock after purchasing an additional 14,358 shares during the period. Villanova Investment Management Co LLC’s holdings in DMC Global were worth $1,083,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC increased its holdings in shares of DMC Global by 146.1% in the third quarter. FMR LLC now owns 2,247 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 1,334 shares during the last quarter. Quantbot Technologies LP bought a new stake in DMC Global in the fourth quarter worth about $50,000. AlphaQuest LLC increased its stake in DMC Global by 27.9% in the fourth quarter. AlphaQuest LLC now owns 8,594 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 1,876 shares during the period. FNY Investment Advisers LLC boosted its position in DMC Global by 82.4% in the 4th quarter. FNY Investment Advisers LLC now owns 15,500 shares of the industrial products company’s stock valued at $113,000 after buying an additional 7,000 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in DMC Global in the third quarter worth approximately $130,000. 77.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on BOOM shares. StockNews.com upgraded DMC Global from a “sell” rating to a “hold” rating in a report on Wednesday, February 26th. Stifel Nicolaus upped their target price on DMC Global from $8.00 to $9.50 and gave the company a “hold” rating in a research report on Wednesday, February 26th.

DMC Global Trading Up 0.4 %

Shares of DMC Global stock opened at $8.42 on Tuesday. The firm’s 50-day moving average price is $8.32 and its 200 day moving average price is $9.08. The company has a current ratio of 2.37, a quick ratio of 1.09 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $170.44 million, a PE ratio of -1.07 and a beta of 1.59. DMC Global Inc. has a twelve month low of $6.65 and a twelve month high of $19.72.

DMC Global (NASDAQ:BOOM) last posted its earnings results on Monday, February 24th. The industrial products company reported $0.09 earnings per share for the quarter, beating the consensus estimate of ($0.29) by $0.38. The company had revenue of $152.37 million for the quarter, compared to analyst estimates of $140.50 million. DMC Global had a negative net margin of 14.23% and a positive return on equity of 1.45%. On average, sell-side analysts predict that DMC Global Inc. will post -0.23 EPS for the current fiscal year.

DMC Global Company Profile

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.