Cubic Asset Management LLC continued to hold its position in Core Molding Technologies, Inc. (NYSEMKT:CMT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,675 shares of the industrial products company’s stock at the end of the second quarter. Cubic Asset Management LLC owned approximately 0.15% of Core Molding Technologies worth $252,000 as of its most recent SEC filing.
Separately, Strs Ohio acquired a new position in Core Molding Technologies during the second quarter worth about $144,000.
Shares of Core Molding Technologies, Inc. (NYSEMKT:CMT) opened at 20.77 on Friday. Core Molding Technologies, Inc. has a one year low of $13.55 and a one year high of $24.50. The firm’s 50-day moving average price is $21.03 and its 200 day moving average price is $18.96. The company has a market capitalization of $163.21 million, a PE ratio of 23.05 and a beta of 1.26.
Core Molding Technologies (NYSEMKT:CMT) last released its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.07. The business had revenue of $47.37 million for the quarter. Core Molding Technologies had a return on equity of 8.65% and a net margin of 4.56%. Analysts anticipate that Core Molding Technologies, Inc. will post $0.75 earnings per share for the current year.
The company also recently declared a special dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Friday, August 18th will be paid a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 16th.
In other news, Director James F. Crowley sold 3,375 shares of Core Molding Technologies stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $21.65, for a total transaction of $73,068.75. Following the sale, the director now directly owns 14,339 shares of the company’s stock, valued at $310,439.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ralph O. Hellmold sold 1,550 shares of Core Molding Technologies stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $21.23, for a total value of $32,906.50. Following the sale, the director now directly owns 15,608 shares in the company, valued at $331,357.84. The disclosure for this sale can be found here.
Core Molding Technologies Company Profile
Core Molding Technologies, Inc is a manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. The Company along with its subsidiaries operates in the plastics market in a family of products known as reinforced plastics. It operates through manufacturing of SMC and molder of fiberglass reinforced plastics segment.
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