RWC Asset Management LLP Sells 399,027 Shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

RWC Asset Management LLP trimmed its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) by 23.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,337,660 shares of the company’s stock after selling 399,027 shares during the quarter. RWC Asset Management LLP owned approximately 1.15% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $15,972,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of LOMA. GAMMA Investing LLC increased its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% during the 4th quarter. GAMMA Investing LLC now owns 4,455 shares of the company’s stock worth $53,000 after acquiring an additional 2,488 shares during the period. SG Americas Securities LLC purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter valued at about $109,000. Systrade AG purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter valued at approximately $143,000. BNP Paribas Financial Markets grew its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company’s stock worth $101,000 after buying an additional 12,571 shares during the period. Finally, Virtu Financial LLC increased its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% during the third quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock valued at $153,000 after purchasing an additional 3,355 shares in the last quarter. 19.32% of the stock is owned by hedge funds and other institutional investors.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Down 5.9 %

Loma Negra Compañía Industrial Argentina Sociedad Anónima stock opened at $11.20 on Monday. The stock has a fifty day simple moving average of $11.91 and a two-hundred day simple moving average of $10.02. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 12 month low of $5.70 and a 12 month high of $13.79. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 18.97 and a beta of 1.33. The company has a current ratio of 1.29, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19.

Loma Negra Compañía Industrial Argentina Sociedad Anónima 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.