Segall Bryant & Hamill LLC Acquires Shares of 67,747 Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Segall Bryant & Hamill LLC bought a new position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) during the 4th quarter, Holdings Channel.com reports. The firm bought 67,747 shares of the industrial products company’s stock, valued at approximately $1,121,000.

Other hedge funds also recently made changes to their positions in the company. Tieton Capital Management LLC boosted its position in Core Molding Technologies by 24.0% during the 4th quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company’s stock valued at $5,786,000 after buying an additional 67,800 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Core Molding Technologies in the fourth quarter valued at about $676,000. White Pine Capital LLC bought a new position in shares of Core Molding Technologies during the fourth quarter valued at about $256,000. Stoneridge Investment Partners LLC purchased a new stake in shares of Core Molding Technologies during the fourth quarter worth about $189,000. Finally, Walleye Capital LLC bought a new stake in shares of Core Molding Technologies in the third quarter worth about $195,000. 58.79% of the stock is owned by hedge funds and other institutional investors.

Core Molding Technologies Stock Up 1.3 %

Shares of CMT stock opened at $15.22 on Friday. The firm has a market capitalization of $136.37 million, a P/E ratio of 8.60 and a beta of 1.74. Core Molding Technologies, Inc. has a 52 week low of $12.25 and a 52 week high of $21.00. The company has a quick ratio of 1.98, a current ratio of 2.41 and a debt-to-equity ratio of 0.14.

Wall Street Analyst Weigh In

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

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.