10,026 Shares in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Acquired by Deuterium Capital Management LLC

Deuterium Capital Management LLC bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,026 shares of the company’s stock, valued at approximately $67,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Penserra Capital Management LLC lifted its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 96.9% during the 3rd quarter. Penserra Capital Management LLC now owns 112,212 shares of the company’s stock worth $676,000 after acquiring an additional 55,211 shares during the period. Glenorchy Capital Ltd acquired a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter valued at approximately $361,000. RWC Asset Management LLP boosted its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 14.6% in the 4th quarter. RWC Asset Management LLP now owns 1,444,375 shares of the company’s stock valued at $10,241,000 after acquiring an additional 184,419 shares during the last quarter. Jump Financial LLC increased its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 41.8% in the fourth quarter. Jump Financial LLC now owns 55,602 shares of the company’s stock worth $394,000 after acquiring an additional 16,402 shares during the period. Finally, Capital International Investors raised its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 1.5% during the fourth quarter. Capital International Investors now owns 7,376,453 shares of the company’s stock worth $52,299,000 after purchasing an additional 109,924 shares during the last quarter. Institutional investors own 19.32% of the company’s stock.

Analyst Ratings Changes

LOMA has been the topic of several analyst reports. Bank of America raised Loma Negra Compañía Industrial Argentina Sociedad Anónima from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $7.10 to $8.10 in a research report on Monday, April 8th. UBS Group cut Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “neutral” rating to a “sell” rating and reduced their price target for the company from $6.00 to $5.00 in a research report on Thursday, April 4th.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

NYSE LOMA traded down $0.21 during mid-day trading on Friday, reaching $6.84. 291,720 shares of the stock were exchanged, compared to its average volume of 439,708. The company has a market capitalization of $797.92 million, a P/E ratio of 16.67 and a beta of 1.43. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.37 and a current ratio of 1.19. The business’s 50 day moving average is $7.07 and its 200-day moving average is $6.93. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 1 year low of $5.64 and a 1 year high of $7.87.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last posted its earnings results on Thursday, May 9th. The company reported $0.52 earnings per share (EPS) for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 5.68% and a return on equity of 6.34%. The business had revenue of $137.71 million for the quarter. During the same period in the previous year, the company earned $0.24 earnings per share. On average, equities research analysts forecast that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.79 EPS for the current fiscal year.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.