Teton Advisors Inc. Has $2.47 Million Position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Teton Advisors Inc. lessened its position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 133,500 shares of the industrial products company’s stock after selling 5,500 shares during the quarter. Teton Advisors Inc. owned approximately 1.48% of Core Molding Technologies worth $2,474,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. National Bank of Canada FI acquired a new position in shares of Core Molding Technologies during the 4th quarter worth about $27,000. Tower Research Capital LLC TRC raised its holdings in Core Molding Technologies by 82.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,761 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 797 shares in the last quarter. SG Americas Securities LLC acquired a new position in Core Molding Technologies during the third quarter valued at approximately $103,000. Public Employees Retirement System of Ohio bought a new position in Core Molding Technologies in the third quarter valued at approximately $125,000. Finally, Barclays PLC increased its position in shares of Core Molding Technologies by 53.1% during the 3rd quarter. Barclays PLC now owns 4,375 shares of the industrial products company’s stock worth $125,000 after purchasing an additional 1,517 shares during the last quarter. Institutional investors own 58.79% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Core Molding Technologies from a “strong-buy” rating to a “buy” rating in a research report on Monday.

Core Molding Technologies Trading Down 1.9 %

Shares of CMT stock traded down $0.37 on Monday, hitting $19.00. The company’s stock had a trading volume of 40,329 shares, compared to its average volume of 52,703. Core Molding Technologies, Inc. has a fifty-two week low of $16.00 and a fifty-two week high of $30.09. The company has a market capitalization of $173.85 million, a PE ratio of 8.23 and a beta of 1.67. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.75 and a current ratio of 2.23.

Core Molding Technologies (NYSEAMERICAN:CMT) last released its earnings results on Tuesday, March 12th. The industrial products company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.19. The firm had revenue of $73.78 million during the quarter, compared to the consensus estimate of $69.60 million. Core Molding Technologies had a return on equity of 15.74% and a net margin of 5.68%. As a group, sell-side analysts anticipate that Core Molding Technologies, Inc. will post 1.52 earnings per share for the current year.

Core Molding Technologies Company Profile

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.