Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Shares Purchased by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. boosted its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) by 100.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 460,315 shares of the company’s stock after purchasing an additional 231,007 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.39% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $5,496,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LOMA. BNP Paribas Financial Markets lifted its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 57.5% in the 4th quarter. BNP Paribas Financial Markets now owns 19,807 shares of the company’s stock worth $236,000 after purchasing an additional 7,232 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at approximately $109,000. Systrade AG purchased a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter worth approximately $143,000. Virtu Financial LLC grew its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 104.8% in the 4th quarter. Virtu Financial LLC now owns 38,800 shares of the company’s stock valued at $463,000 after buying an additional 19,855 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter worth $270,000. Institutional investors and hedge funds own 19.32% of the company’s stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Trading Down 0.3%

Shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima stock opened at $12.26 on Friday. The stock has a 50 day moving average of $10.91 and a 200 day moving average of $11.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.29. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 20.78 and a beta of 1.14. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a fifty-two week low of $5.70 and a fifty-two week high of $13.79.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.12 by $0.05. The business had revenue of $135.42 billion for the quarter, compared to analyst estimates of $151 billion. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a return on equity of 8.60% and a net margin of 9.42%. As a group, research analysts predict that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 1.25 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on LOMA shares. Bank of America raised shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price target for the company from $11.50 to $14.00 in a research report on Wednesday, April 23rd. Itau BBA Securities raised shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “market perform” rating to an “outperform” rating and set a $14.20 target price on the stock in a research note on Monday, May 12th.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.