Raymond James Financial Inc. Invests $270,000 in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

Raymond James Financial Inc. purchased a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 22,633 shares of the company’s stock, valued at approximately $270,000.

Several other large investors have also recently modified their holdings of LOMA. Stifel Financial Corp bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 3rd quarter valued at about $2,053,000. BNP Paribas Financial Markets grew its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% during the third quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company’s stock valued at $101,000 after buying an additional 12,571 shares during the last quarter. INCA Investments LLC bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter valued at approximately $8,986,000. GAMMA Investing LLC raised its holdings in 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 during the last quarter. Finally, Activest Wealth Management lifted its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 8,478.9% in the 4th quarter. Activest Wealth Management now owns 167,975 shares of the company’s stock valued at $2,006,000 after acquiring an additional 166,017 shares in the last quarter. Hedge funds and other institutional investors own 19.32% of the company’s stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

Shares of LOMA opened at $9.09 on Friday. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 15.41 and a beta of 1.03. The business’s fifty day simple moving average is $10.93 and its two-hundred day simple moving average is $10.78. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 12 month low of $5.70 and a 12 month high of $13.79. The company has a current ratio of 1.29, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

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.