Pacific Ridge Capital Partners LLC Takes $1.99 Million Position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Pacific Ridge Capital Partners LLC purchased a new position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 120,031 shares of the industrial products company’s stock, valued at approximately $1,985,000. Pacific Ridge Capital Partners LLC owned approximately 1.34% of Core Molding Technologies as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MetLife Investment Management LLC grew 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 worth $77,000 after acquiring an additional 2,529 shares in the last quarter. Barclays PLC lifted its position in shares of Core Molding Technologies by 278.9% during 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 during the last quarter. Stoneridge Investment Partners LLC acquired a new position in Core Molding Technologies in the fourth quarter worth about $189,000. Walleye Capital LLC bought a new stake in Core Molding Technologies in the third quarter valued at about $195,000. Finally, White Pine Capital LLC acquired a new stake in Core Molding Technologies during the fourth quarter valued at approximately $256,000. Hedge funds and other institutional investors own 58.79% of the company’s stock.

Core Molding Technologies Price Performance

Shares of NYSEAMERICAN CMT opened at $14.88 on Thursday. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14. Core Molding Technologies, Inc. has a 52-week low of $12.25 and a 52-week high of $21.00. The stock has a market capitalization of $133.32 million, a price-to-earnings ratio of 8.41 and a beta of 1.74.

Analyst Ratings Changes

Separately, Roth Capital set a $22.00 target price on shares of Core Molding Technologies in a research note on Wednesday, March 12th.

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.