Cadre Holdings, Inc. (NYSE:CDRE) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in shares of Cadre Holdings, Inc. (NYSE:CDRE) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 505,711 shares of the company’s stock after purchasing an additional 44,785 shares during the period. Dimensional Fund Advisors LP owned approximately 1.25% of Cadre worth $16,334,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Commerce Bank bought a new position in Cadre during the 4th quarter valued at $289,000. Capital International Investors boosted its stake in Cadre by 118.4% during the fourth quarter. Capital International Investors now owns 1,981,602 shares of the company’s stock valued at $64,006,000 after buying an additional 1,074,471 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in Cadre by 50.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 4,800 shares of the company’s stock worth $155,000 after acquiring an additional 1,600 shares during the period. Gabelli Funds LLC raised its position in Cadre by 9.0% in the fourth quarter. Gabelli Funds LLC now owns 13,810 shares of the company’s stock worth $446,000 after acquiring an additional 1,139 shares in the last quarter. Finally, Mariner LLC lifted its holdings in Cadre by 65.8% in the 4th quarter. Mariner LLC now owns 11,387 shares of the company’s stock valued at $368,000 after acquiring an additional 4,520 shares during the last quarter. 43.95% of the stock is currently owned by institutional investors.

Cadre Stock Performance

Shares of CDRE opened at $36.61 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.01 and a quick ratio of 1.96. The firm’s 50 day moving average is $31.03 and its 200-day moving average is $33.59. Cadre Holdings, Inc. has a 12-month low of $27.07 and a 12-month high of $40.28. The stock has a market capitalization of $1.49 billion, a P/E ratio of 44.10, a P/E/G ratio of 1.58 and a beta of 1.34.

Cadre (NYSE:CDRE) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.10. The company had revenue of $130.11 million for the quarter, compared to analysts’ expectations of $121.53 million. Cadre had a return on equity of 12.88% and a net margin of 6.34%. The firm’s revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.18 earnings per share. Equities research analysts anticipate that Cadre Holdings, Inc. will post 1.05 EPS for the current fiscal year.

Cadre Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, May 2nd will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.04%. Cadre’s dividend payout ratio is currently 42.22%.

Insider Activity at Cadre

In other Cadre news, CEO Warren B. Kanders sold 50,000 shares of Cadre stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $31.88, for a total transaction of $1,594,000.00. Following the transaction, the chief executive officer now directly owns 10,866,192 shares in the company, valued at approximately $346,414,200.96. The trade was a 0.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 37.00% of the stock is owned by insiders.

Cadre Company Profile

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.