Brandywine Global Investment Management LLC Has $2.25 Million Holdings in Ducommun Incorporated (NYSE:DCO)

Brandywine Global Investment Management LLC decreased its stake in shares of Ducommun Incorporated (NYSE:DCO) by 4.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 35,270 shares of the aerospace company’s stock after selling 1,817 shares during the period. Brandywine Global Investment Management LLC owned 0.24% of Ducommun worth $2,245,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in DCO. Wellington Management Group LLP acquired a new position in Ducommun during the third quarter valued at approximately $8,990,000. Raymond James Financial Inc. acquired a new position in Ducommun in the 4th quarter valued at $6,737,000. JPMorgan Chase & Co. raised its holdings in Ducommun by 1,151.0% in the 4th quarter. JPMorgan Chase & Co. now owns 75,509 shares of the aerospace company’s stock worth $4,807,000 after acquiring an additional 69,473 shares during the period. Teacher Retirement System of Texas bought a new position in Ducommun in the 4th quarter worth $3,182,000. Finally, Diamond Hill Capital Management Inc. lifted its position in Ducommun by 24.2% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 161,985 shares of the aerospace company’s stock worth $10,312,000 after acquiring an additional 31,601 shares during the last quarter. 92.15% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DCO has been the topic of several research analyst reports. Royal Bank of Canada started coverage on Ducommun in a research report on Tuesday, December 31st. They issued an “outperform” rating and a $72.00 price target on the stock. Truist Financial lifted their price target on 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 raised Ducommun from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 27th.

Ducommun Stock Up 0.1 %

NYSE DCO opened at $58.52 on Thursday. Ducommun Incorporated has a twelve month low of $48.21 and a twelve month high of $70.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.16 and a current ratio of 3.21. The stock has a market cap of $869.78 million, a PE ratio of 29.41 and a beta of 1.56. The firm has a 50-day simple moving average of $62.12 and a 200 day simple moving average of $63.74.

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.