Ingalls & Snyder LLC decreased its stake in Ducommun Incorporated (NYSE:DCO) by 0.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 267,551 shares of the aerospace company’s stock after selling 2,500 shares during the period. Ingalls & Snyder LLC owned about 2.39% of Ducommun worth $7,703,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Nine Chapters Capital Management LLC acquired a new stake in Ducommun during the first quarter valued at about $380,000. Bank of New York Mellon Corp increased its stake in Ducommun by 8.7% in the first quarter. Bank of New York Mellon Corp now owns 49,145 shares of the aerospace company’s stock valued at $1,415,000 after buying an additional 3,915 shares in the last quarter. Chicago Equity Partners LLC increased its stake in Ducommun by 21.8% in the first quarter. Chicago Equity Partners LLC now owns 50,210 shares of the aerospace company’s stock valued at $1,446,000 after buying an additional 8,980 shares in the last quarter. LSV Asset Management increased its stake in Ducommun by 7.9% in the first quarter. LSV Asset Management now owns 292,312 shares of the aerospace company’s stock valued at $8,415,000 after buying an additional 21,425 shares in the last quarter. Finally, Bowling Portfolio Management LLC acquired a new stake in Ducommun during the first quarter valued at about $855,000. Institutional investors own 82.10% of the company’s stock.

Institutional Ownership by Quarter for Ducommun (NYSE:DCO)

Ducommun Incorporated (NYSE DCO) opened at 32.45 on Monday. The stock has a market capitalization of $365.68 million, a P/E ratio of 26.75 and a beta of 0.94. Ducommun Incorporated has a 52 week low of $18.32 and a 52 week high of $35.58. The stock has a 50 day moving average of $31.93 and a 200 day moving average of $29.57.

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Several equities research analysts have issued reports on the stock. Noble Financial reiterated a “hold” rating on shares of Ducommun in a research note on Saturday, May 20th. B. Riley upgraded shares of Ducommun to a “buy” rating and set a $40.00 price objective for the company in a research note on Wednesday, May 10th. Zacks Investment Research upgraded shares of Ducommun from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. Canaccord Genuity reiterated a “buy” rating and set a $35.00 price objective on shares of Ducommun in a research note on Tuesday, April 11th. Finally, FBR & Co upped their target price on shares of Ducommun from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Tuesday, March 7th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Ducommun currently has an average rating of “Buy” and an average price target of $35.25.

In related news, CEO Stephen G. Oswald purchased 3,700 shares of the stock in a transaction on Tuesday, March 21st. The shares were bought at an average price of $27.89 per share, for a total transaction of $103,193.00. Following the completion of the acquisition, the chief executive officer now directly owns 24,700 shares in the company, valued at approximately $688,883. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Stephen G. Oswald purchased 10,700 shares of the stock in a transaction on Wednesday, March 22nd. The shares were bought at an average price of $27.13 per share, for a total transaction of $290,291.00. Following the acquisition, the chief executive officer now owns 24,700 shares of the company’s stock, valued at $670,111. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 28,400 shares of company stock worth $792,274 and have sold 8,073 shares worth $235,603. Company insiders own 8.20% of the company’s stock.

About Ducommun

Ducommun Incorporated is a global provider of engineering and manufacturing services for various products and failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions.

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