Royce & Associates LP Has $14.96 Million Holdings in Ducommun Incorporated (NYSE:DCO)

Royce & Associates LP increased its position in shares of Ducommun Incorporated (NYSE:DCO) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 234,991 shares of the aerospace company’s stock after acquiring an additional 10,700 shares during the quarter. Royce & Associates LP’s holdings in Ducommun were worth $14,960,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in DCO. Central Pacific Bank Trust Division acquired a new position in Ducommun in the 4th quarter valued at approximately $32,000. Venturi Wealth Management LLC increased its stake in Ducommun by 833.3% in the 4th quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company’s stock valued at $46,000 after buying an additional 650 shares during the period. Point72 DIFC Ltd increased its stake in Ducommun by 591.2% in the 3rd quarter. Point72 DIFC Ltd now owns 788 shares of the aerospace company’s stock valued at $52,000 after buying an additional 674 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in Ducommun in the 3rd quarter valued at approximately $80,000. Finally, US Bancorp DE increased its stake in Ducommun by 49.9% in the 4th quarter. US Bancorp DE now owns 1,327 shares of the aerospace company’s stock valued at $84,000 after buying an additional 442 shares during the period. Institutional investors and hedge funds own 92.15% of the company’s stock.

Ducommun Stock Performance

DCO stock opened at $59.65 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 50 day moving average of $63.96 and a two-hundred day moving average of $64.11. The company has a market capitalization of $883.57 million, a price-to-earnings ratio of 29.97 and a beta of 1.56. Ducommun Incorporated has a 12 month low of $48.21 and a 12 month high of $70.50.

Wall Street Analyst Weigh In

DCO has been the topic of several research reports. Royal Bank of Canada began coverage on shares of Ducommun in a research note on Tuesday, December 31st. They issued an “outperform” rating and a $72.00 price objective 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 research report on Tuesday, January 14th. Finally, StockNews.com downgraded shares of Ducommun from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 28th.

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.