Nuveen LLC Takes Position in Core Molding Technologies Inc $CMT

Nuveen LLC acquired a new stake in shares of Core Molding Technologies Inc (NYSEAMERICAN:CMT) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,950 shares of the industrial products company’s stock, valued at approximately $258,000. Nuveen LLC owned 0.19% of Core Molding Technologies at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of Core Molding Technologies by 38,585.0% during the first quarter. GAMMA Investing LLC now owns 7,737 shares of the industrial products company’s stock valued at $118,000 after purchasing an additional 7,717 shares during the period. Baird Financial Group Inc. raised its holdings in shares of Core Molding Technologies by 22.2% during the fourth quarter. Baird Financial Group Inc. now owns 98,327 shares of the industrial products company’s stock valued at $1,626,000 after purchasing an additional 17,894 shares during the period. Northern Trust Corp raised its holdings in shares of Core Molding Technologies by 8.3% during the fourth quarter. Northern Trust Corp now owns 67,572 shares of the industrial products company’s stock valued at $1,118,000 after purchasing an additional 5,202 shares during the period. Bank of America Corp DE raised its holdings in shares of Core Molding Technologies by 7.3% during the fourth quarter. Bank of America Corp DE now owns 23,345 shares of the industrial products company’s stock valued at $386,000 after purchasing an additional 1,585 shares during the period. Finally, Deutsche Bank AG raised its holdings in shares of Core Molding Technologies by 99.2% during the fourth quarter. Deutsche Bank AG now owns 6,380 shares of the industrial products company’s stock valued at $106,000 after purchasing an additional 3,177 shares during the period. Institutional investors and hedge funds own 58.79% of the company’s stock.

Core Molding Technologies Trading Up 1.7%

Shares of NYSEAMERICAN CMT opened at $19.79 on Friday. The company has a quick ratio of 2.36, a current ratio of 2.85 and a debt-to-equity ratio of 0.12. The firm’s 50-day moving average is $17.64. Core Molding Technologies Inc has a 1-year low of $12.25 and a 1-year high of $19.79. The firm has a market capitalization of $175.34 million, a price-to-earnings ratio of 18.32 and a beta of 0.68.

Insider Transactions at Core Molding Technologies

In other Core Molding Technologies news, Director Thomas R. Cellitti sold 3,103 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $18.64, for a total value of $57,839.92. Following the completion of the sale, the director owned 96,165 shares in the company, valued at approximately $1,792,515.60. This trade represents a 3.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO David L. Duvall sold 4,046 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $16.50, for a total transaction of $66,759.00. Following the completion of the sale, the chief executive officer owned 198,780 shares of the company’s stock, valued at approximately $3,279,870. This trade represents a 1.99% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,470 shares of company stock worth $410,876 in the last 90 days. 10.00% of the stock is currently owned by company insiders.

About Core Molding Technologies

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.