JBF Capital Inc. Boosts Stake in DMC Global Inc. (NASDAQ:BOOM)

JBF Capital Inc. lifted its holdings in shares of DMC Global Inc. (NASDAQ:BOOM) by 100.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,000 shares of the industrial products company’s stock after acquiring an additional 10,000 shares during the quarter. JBF Capital Inc. owned 0.10% of DMC Global worth $147,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. FMR LLC grew its stake in DMC Global by 146.1% during the 3rd quarter. FMR LLC now owns 2,247 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 1,334 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of DMC Global during the 4th quarter valued at approximately $50,000. AlphaQuest LLC grew its position in shares of DMC Global by 27.9% during the fourth quarter. AlphaQuest LLC now owns 8,594 shares of the industrial products company’s stock worth $63,000 after buying an additional 1,876 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of DMC Global by 29.5% in the fourth quarter. Wells Fargo & Company MN now owns 11,701 shares of the industrial products company’s stock worth $86,000 after buying an additional 2,667 shares during the last quarter. Finally, FNY Investment Advisers LLC raised its holdings in DMC Global by 82.4% in the fourth quarter. FNY Investment Advisers LLC now owns 15,500 shares of the industrial products company’s stock valued at $113,000 after acquiring an additional 7,000 shares in the last quarter. Institutional investors and hedge funds own 77.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on BOOM shares. StockNews.com raised shares of DMC Global from a “sell” rating to a “hold” rating in a research report on Wednesday, February 26th. Stifel Nicolaus reduced their target price on DMC Global from $9.50 to $9.00 and set a “hold” rating on the stock in a report on Tuesday, April 15th.

DMC Global Trading Up 3.0 %

NASDAQ BOOM opened at $6.47 on Friday. The firm has a market capitalization of $132.96 million, a PE ratio of -0.82 and a beta of 1.41. DMC Global Inc. has a one year low of $6.02 and a one year high of $17.22. The company has a 50-day simple moving average of $7.95 and a 200-day simple moving average of $8.49. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.09 and a current ratio of 2.37.

DMC Global (NASDAQ:BOOM) last announced its quarterly earnings results on Monday, February 24th. The industrial products company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.38. DMC Global had a positive return on equity of 1.45% and a negative net margin of 14.23%. The business had revenue of $152.37 million for the quarter, compared to analysts’ expectations of $140.50 million. On average, equities analysts forecast that DMC Global Inc. will post -0.23 earnings per share for the current year.

DMC Global Profile

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.