Gamco Investors INC. ET AL Buys 11,834 Shares of Ducommun Incorporated (NYSE:DCO)

Gamco Investors INC. ET AL grew its position in Ducommun Incorporated (NYSE:DCO) by 2.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 581,706 shares of the aerospace company’s stock after buying an additional 11,834 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Ducommun were worth $37,031,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Wellington Management Group LLP acquired a new position in Ducommun during the third quarter worth $8,990,000. Gibson Capital LLC bought a new position in shares of Ducommun in the 4th quarter valued at about $6,763,000. Raymond James Financial Inc. acquired a new stake in shares of Ducommun in the fourth quarter valued at about $6,737,000. Kennedy Capital Management LLC raised its holdings in Ducommun by 60.9% during the fourth quarter. Kennedy Capital Management LLC now owns 273,517 shares of the aerospace company’s stock worth $17,412,000 after acquiring an additional 103,570 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Ducommun by 1,151.0% during the 4th quarter. JPMorgan Chase & Co. now owns 75,509 shares of the aerospace company’s stock worth $4,807,000 after purchasing an additional 69,473 shares during the last quarter. 92.15% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Truist Financial boosted their target price on shares of Ducommun from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Royal Bank of Canada initiated coverage on Ducommun in a research report on Tuesday, December 31st. They set an “outperform” rating and a $72.00 price target on the stock. Finally, StockNews.com upgraded Ducommun from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 27th.

Ducommun Stock Performance

Shares of NYSE:DCO opened at $56.48 on Tuesday. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 0.37. The firm has a market cap of $839.46 million, a PE ratio of 28.38 and a beta of 1.27. The company’s 50 day moving average price is $59.49 and its two-hundred day moving average price is $63.08. Ducommun Incorporated has a 12-month low of $51.39 and a 12-month high of $70.50.

Ducommun Company 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.