O Shaughnessy Asset Management LLC Trims Stock Holdings in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

O Shaughnessy Asset Management LLC reduced its holdings in shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 23.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,156 shares of the industrial products company’s stock after selling 4,997 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Core Molding Technologies were worth $267,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of CMT. State Street Corp lifted its holdings in Core Molding Technologies by 0.8% during the 3rd quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock worth $2,709,000 after purchasing an additional 1,267 shares in the last quarter. Barclays PLC increased its position in shares of Core Molding Technologies by 278.9% during the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company’s stock valued at $172,000 after buying an additional 7,318 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Core Molding Technologies by 1.6% in the third quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock worth $3,012,000 after buying an additional 2,737 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Core Molding Technologies by 5.0% in the fourth quarter. Empowered Funds LLC now owns 37,974 shares of the industrial products company’s stock valued at $628,000 after acquiring an additional 1,792 shares during the period. Finally, Stoneridge Investment Partners LLC purchased a new position in Core Molding Technologies during the fourth quarter valued at approximately $189,000. 58.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Roth Capital set a $22.00 target price on shares of Core Molding Technologies in a research note on Wednesday, March 12th.

Core Molding Technologies Stock Performance

Core Molding Technologies stock opened at $15.08 on Friday. The stock has a market cap of $135.12 million, a P/E ratio of 8.52 and a beta of 1.74. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. Core Molding Technologies, Inc. has a 52 week low of $12.25 and a 52 week high of $21.00.

Core Molding Technologies Company Profile

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.