Ducommun Incorporated (NYSE:DCO) Shares Bought by American Century Companies Inc.

American Century Companies Inc. raised its position in Ducommun Incorporated (NYSE:DCO) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,992 shares of the aerospace company’s stock after acquiring an additional 1,153 shares during the quarter. American Century Companies Inc. owned approximately 0.18% of Ducommun worth $1,718,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DCO. Geode Capital Management LLC boosted its stake in Ducommun by 0.5% in the third quarter. Geode Capital Management LLC now owns 310,704 shares of the aerospace company’s stock valued at $20,458,000 after acquiring an additional 1,610 shares in the last quarter. First Eagle Investment Management LLC boosted its stake in Ducommun by 4.4% during the 4th quarter. First Eagle Investment Management LLC now owns 253,087 shares of the aerospace company’s stock worth $16,112,000 after purchasing an additional 10,700 shares during the period. Royce & Associates LP increased its stake in Ducommun by 4.8% in the fourth quarter. Royce & Associates LP now owns 234,991 shares of the aerospace company’s stock valued at $14,960,000 after purchasing an additional 10,700 shares during the period. Diamond Hill Capital Management Inc. raised its holdings in shares of Ducommun by 24.2% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 161,985 shares of the aerospace company’s stock valued at $10,312,000 after buying an additional 31,601 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new position in shares of Ducommun during the third quarter worth about $8,990,000. Institutional investors and hedge funds own 92.15% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on DCO. Royal Bank of Canada initiated coverage on Ducommun in a research note on Tuesday, December 31st. They set an “outperform” rating and a $72.00 price objective for the company. StockNews.com raised Ducommun from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 27th. Finally, Truist Financial boosted their price objective on shares of Ducommun from $80.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th.

Ducommun Trading Up 7.9 %

Shares of DCO stock opened at $57.73 on Thursday. The business’s fifty day moving average price is $60.24 and its 200 day moving average price is $63.27. The firm has a market capitalization of $858.06 million, a PE ratio of 29.01 and a beta of 1.27. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16. Ducommun Incorporated has a 1-year low of $51.39 and a 1-year 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.