Loma Negra Compania Industrial Argentina S.A. Sponsored ADR $LOMA is Systrade AG’s 7th Largest Position

Systrade AG lessened its position in Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) by 34.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 250,000 shares of the company’s stock after selling 132,944 shares during the quarter. Loma Negra Compania Industrial Argentina accounts for approximately 2.0% of Systrade AG’s portfolio, making the stock its 7th largest holding. Systrade AG’s holdings in Loma Negra Compania Industrial Argentina were worth $3,238,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp purchased a new position in shares of Loma Negra Compania Industrial Argentina in the 3rd quarter worth about $28,000. Banco Santander S.A. bought a new stake in Loma Negra Compania Industrial Argentina in the 3rd quarter worth approximately $101,000. Advisors Preferred LLC purchased a new stake in Loma Negra Compania Industrial Argentina in the third quarter worth approximately $133,000. Insigneo Advisory Services LLC boosted its stake in Loma Negra Compania Industrial Argentina by 89.6% in the second quarter. Insigneo Advisory Services LLC now owns 23,342 shares of the company’s stock worth $256,000 after buying an additional 11,031 shares in the last quarter. Finally, Dodge & Cox grew its position in Loma Negra Compania Industrial Argentina by 17.0% during the third quarter. Dodge & Cox now owns 36,400 shares of the company’s stock valued at $268,000 after acquiring an additional 5,300 shares during the last quarter. Institutional investors own 19.32% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Loma Negra Compania Industrial Argentina in a report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.80.

Loma Negra Compania Industrial Argentina Trading Up 7.6%

NYSE LOMA opened at $10.83 on Tuesday. The firm has a market cap of $1.26 billion, a PE ratio of 67.66 and a beta of 0.85. Loma Negra Compania Industrial Argentina S.A. Sponsored ADR has a 1-year low of $7.04 and a 1-year high of $14.17. The stock has a 50-day moving average of $11.06 and a 200-day moving average of $10.58. The company has a current ratio of 1.44, a quick ratio of 0.48 and a debt-to-equity ratio of 0.15.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.11). Loma Negra Compania Industrial Argentina had a return on equity of 2.25% and a net margin of 2.97%.The company had revenue of $155.17 million during the quarter, compared to analysts’ expectations of $231.54 million. As a group, sell-side analysts forecast that Loma Negra Compania Industrial Argentina S.A. Sponsored ADR will post 1.25 EPS for the current year.

Loma Negra Compania Industrial Argentina Company Profile

Loma Negra Compañía Industrial Argentina SA is the leading cement producer in Argentina, with a history dating back to its founding in Buenos Aires in 1926. The company operates an integrated network of cement and lime plants, as well as quarries and ready-mix concrete facilities. Its operations encompass the extraction of limestone, the production of clinker, hydraulic cement and quicklime, and the distribution of aggregates and concrete for a wide range of construction projects.

The company’s product portfolio serves residential, commercial, industrial and public infrastructure markets across Argentina.