Ping Capital Management Inc. Sells 7,000 Shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

Ping Capital Management Inc. lowered its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) by 6.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,000 shares of the company’s stock after selling 7,000 shares during the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima comprises approximately 0.3% of Ping Capital Management Inc.’s holdings, making the stock its 21st largest holding. Ping Capital Management Inc. owned 0.09% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $1,206,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. GAMMA Investing LLC boosted its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% in the 4th quarter. GAMMA Investing LLC now owns 4,455 shares of the company’s stock worth $53,000 after acquiring an additional 2,488 shares in the last quarter. BNP Paribas Financial Markets increased its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company’s stock valued at $101,000 after acquiring an additional 12,571 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter valued at approximately $109,000. Systrade AG bought a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter worth approximately $143,000. Finally, Virtu Financial LLC lifted its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% during the 3rd quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock worth $153,000 after buying an additional 3,355 shares in the last quarter. 19.32% of the stock is owned by institutional investors.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Trading Up 1.9 %

LOMA stock opened at $12.11 on Wednesday. The business has a fifty day moving average of $12.06 and a 200-day moving average of $9.53. The company has a market cap of $1.41 billion, a P/E ratio of 20.53 and a beta of 1.33. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a twelve month low of $5.70 and a twelve month high of $13.79. The company has a quick ratio of 0.43, a current ratio of 1.29 and a debt-to-equity ratio of 0.19.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last released its earnings results on Wednesday, November 6th. The company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $192.07 million for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 9.42% and a return on equity of 8.60%. During the same quarter in the previous year, the company posted $0.21 earnings per share. As a group, equities research analysts expect that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 1.25 EPS for the current 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.