Stoneridge Investment Partners LLC Takes Position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Stoneridge Investment Partners LLC bought a new stake in shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 11,413 shares of the industrial products company’s stock, valued at approximately $189,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp boosted its position in Core Molding Technologies by 0.8% in the third quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock valued at $2,709,000 after buying an additional 1,267 shares in the last quarter. Empowered Funds LLC grew its position in Core Molding Technologies by 5.1% during the 3rd quarter. Empowered Funds LLC now owns 36,182 shares of the industrial products company’s stock worth $623,000 after acquiring an additional 1,742 shares during the last quarter. MetLife Investment Management LLC increased its holdings in Core Molding Technologies by 131.0% during the 3rd quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock valued at $77,000 after purchasing an additional 2,529 shares in the last quarter. Geode Capital Management LLC raised its position in Core Molding Technologies by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock valued at $3,012,000 after purchasing an additional 2,737 shares during the last quarter. Finally, Barclays PLC boosted its stake in Core Molding Technologies by 278.9% in the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 7,318 shares in the last quarter. Institutional investors own 58.79% of the company’s stock.

Core Molding Technologies Stock Down 3.0 %

Core Molding Technologies stock opened at $14.02 on Friday. The stock has a market capitalization of $125.62 million, a P/E ratio of 8.17 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 12-month low of $13.89 and a 12-month high of $21.00.

Insider Activity at Core Molding Technologies

In other Core Molding Technologies news, CEO David L. Duvall sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $16.55, for a total value of $33,100.00. Following the completion of the sale, the chief executive officer now owns 284,381 shares of the company’s stock, valued at approximately $4,706,505.55. This represents a 0.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO John P. Zimmer sold 7,600 shares of Core Molding Technologies stock in a transaction on Monday, November 25th. The stock was sold at an average price of $17.78, for a total transaction of $135,128.00. Following the transaction, the chief financial officer now directly owns 107,959 shares in the company, valued at approximately $1,919,511.02. This represents a 6.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,190 shares of company stock valued at $734,561 over the last quarter. Corporate insiders own 13.10% of the company’s stock.

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.