Cadre Holdings, Inc. (NYSE:CDRE) Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P increased its holdings in shares of Cadre Holdings, Inc. (NYSE:CDRE) by 11.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,047,097 shares of the company’s stock after purchasing an additional 106,366 shares during the period. Loomis Sayles & Co. L P’s holdings in Cadre were worth $33,821,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. purchased a new stake in shares of Cadre during the fourth quarter worth about $31,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Cadre by 51.9% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,066 shares of the company’s stock worth $99,000 after purchasing an additional 1,048 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Cadre in the 4th quarter worth approximately $100,000. US Bancorp DE grew its position in Cadre by 10.6% during the 4th quarter. US Bancorp DE now owns 4,178 shares of the company’s stock worth $135,000 after purchasing an additional 400 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Cadre by 1,451.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company’s stock valued at $137,000 after purchasing an additional 3,977 shares in the last quarter. 43.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cadre

In other Cadre news, CEO Warren B. Kanders sold 50,000 shares of the stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $31.88, for a total transaction of $1,594,000.00. Following the sale, the chief executive officer now directly owns 10,866,192 shares of the company’s stock, valued at approximately $346,414,200.96. This trade represents a 0.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 37.00% of the company’s stock.

Cadre Trading Up 0.9 %

NYSE:CDRE opened at $30.64 on Friday. The company has a market capitalization of $1.24 billion, a P/E ratio of 36.92, a PEG ratio of 1.58 and a beta of 1.30. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65. Cadre Holdings, Inc. has a 12 month low of $29.19 and a 12 month high of $40.28. The firm has a fifty day simple moving average of $35.03 and a 200-day simple moving average of $35.20.

Cadre (NYSE:CDRE) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.16). Cadre had a return on equity of 12.88% and a net margin of 6.34%. The firm had revenue of $175.98 million for the quarter, compared to analyst estimates of $170.95 million. During the same period in the prior year, the firm posted $0.25 EPS. The business’s revenue was up 41.3% compared to the same quarter last year. On average, equities research analysts anticipate that Cadre Holdings, Inc. will post 1.05 earnings per share for the current year.

Cadre Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a dividend of $0.095 per share. The ex-dividend date was Friday, January 31st. This is a positive change from Cadre’s previous quarterly dividend of $0.09. This represents a $0.38 dividend on an annualized basis and a yield of 1.24%. Cadre’s dividend payout ratio (DPR) is currently 42.22%.

Cadre Company Profile

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.