Global Indemnity Limited (GBLI)’s Insider Richmond Hill Investment Co. – Lp Sells 14,072 Shares; Ducommun (DCO) Shorts Increased By 2.09%

June 25, 2018 - By Danny Collins

Ducommun Incorporated (NYSE:DCO) Logo

Ducommun Incorporated (NYSE:DCO) had an increase of 2.09% in short interest. DCO’s SI was 146,600 shares in June as released by FINRA. Its up 2.09% from 143,600 shares previously. With 54,700 avg volume, 3 days are for Ducommun Incorporated (NYSE:DCO)’s short sellers to cover DCO’s short positions. The SI to Ducommun Incorporated’s float is 1.61%. The stock decreased 1.09% or $0.37 during the last trading session, reaching $33.45. About 21,535 shares traded. Ducommun Incorporated (NYSE:DCO) has risen 7.36% since June 25, 2017 and is uptrending. It has underperformed by 5.21% the S&P500. Some Historical DCO News: 10/05/2018 – Ducommun 1Q Adj EPS 25c; 03/05/2018 – DUCOMMUN NAMES STEPHEN OSWALD AS CHAIRMAN OF BOARD; 03/05/2018 – Ducommun Names Stephen Oswald as Chairman; 15/03/2018 – Ducommun at Non-Deal Roadshow Hosted By Noble Capital Markets; 24/04/2018 – Ducommun Announces First Quarter Conference Call; 24/04/2018 – Ducommun Forms Golden Cross: Technicals; 03/05/2018 – Ducommun: Oswald Succeeds Tony Reardon; 10/05/2018 – Ducommun: Restructuring on Track; 23/04/2018 – Ducommun Acquires Certified Thermoplastics Co., LLC; 03/05/2018 – Ducommun Appoints Stephen Oswald as Chairman of its Board of Directors

Since March 13, 2018, it had 0 insider purchases, and 7 sales for $1.13 million activity. 1,550 shares valued at $53,940 were sold by Wampler Christopher D. on Friday, June 8. Rogers Rose F sold 2,700 shares worth $92,232. 20,000 shares were sold by REARDON ANTHONY J, worth $616,600 on Tuesday, March 13.

Ducommun Incorporated provides engineering and manufacturing services and products primarily to the aerospace, defense, industrial, natural resources, medical, and other industries in the United States. The company has market cap of $380.71 million. The firm operates through two divisions, Electronic Systems and Structural Systems (SS). It has a 18.82 P/E ratio. The ES segment offers cable assemblies and interconnect systems; printed circuit board assemblies; higher-level electronic, electromechanical, and mechanical assemblies; radar enclosures; aircraft avionics racks; shipboard communications and control enclosures; wire harnesses; and other high-level complex assemblies.

Among 6 analysts covering Ducommun (NYSE:DCO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Ducommun had 23 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Friday, October 27. FBR Capital maintained the stock with “Outperform” rating in Thursday, November 5 report. The stock has “Buy” rating by Canaccord Genuity on Friday, June 10. Canaccord Genuity maintained the shares of DCO in report on Wednesday, April 12 with “Buy” rating. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, October 31. The rating was maintained by B. Riley & Co on Thursday, March 1 with “Buy”. The stock of Ducommun Incorporated (NYSE:DCO) earned “Buy” rating by Canaccord Genuity on Tuesday, September 12. Sidoti upgraded Ducommun Incorporated (NYSE:DCO) on Monday, November 13 to “Buy” rating. The rating was maintained by Canaccord Genuity on Friday, August 4 with “Buy”. On Thursday, August 10 the stock rating was maintained by Canaccord Genuity with “Buy”.

Another recent and important Ducommun Incorporated (NYSE:DCO) news was published by Globenewswire.com which published an article titled: “Report: Exploring Fundamental Drivers Behind Ducommun, Redfin, Hemisphere Media Group, General Electric, Snap …” on May 30, 2018.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.21, from 1.08 in 2017Q4. It turned negative, as 4 investors sold Ducommun Incorporated shares while 35 reduced holdings. 13 funds opened positions while 21 raised stakes. 9.12 million shares or 0.56% less from 9.18 million shares in 2017Q4 were reported. Deutsche Fincl Bank Ag holds 0.01% or 325,959 shares in its portfolio. Pennsylvania-based Vanguard Grp Inc has invested 0% in Ducommun Incorporated (NYSE:DCO). Gsa Ptnrs Limited Liability Partnership holds 0.08% of its portfolio in Ducommun Incorporated (NYSE:DCO) for 50,299 shares. Ameriprise Fincl Incorporated accumulated 0% or 25,072 shares. 66,822 are held by Indexiq Advisors Ltd Liability Corporation. State Board Of Administration Of Florida Retirement invested 0% of its portfolio in Ducommun Incorporated (NYSE:DCO). 9,902 were reported by First Advsr Ltd Partnership. 1,999 were accumulated by Legal General Gp Public Limited Company. Citigroup Inc invested 0% in Ducommun Incorporated (NYSE:DCO). Moreover, Gamco Investors Inc Et Al has 0.02% invested in Ducommun Incorporated (NYSE:DCO) for 76,020 shares. Renaissance Technologies Limited Liability Corp owns 550,100 shares. Arrowstreet Cap Limited Partnership reported 0% of its portfolio in Ducommun Incorporated (NYSE:DCO). Kennedy Cap Mgmt accumulated 42,261 shares. Winch Advisory Svcs Ltd has 0.01% invested in Ducommun Incorporated (NYSE:DCO). 22,300 were accumulated by Strs Ohio.

Another recent and important Global Indemnity Limited (NASDAQ:GBLI) news was published by Nasdaq.com which published an article titled: “Report: Developing Opportunities within Global Indemnity, Renewable Energy Group, Whiting Petroleum, Social ..” on June 14, 2018.

Global Indemnity Limited provides insurance and reinsurance solutions primarily in the United States. The company has market cap of $591.37 million. It operates through three divisions: Commercial Lines, Personal Lines, and Reinsurance Operations. It currently has negative earnings. The Commercial Lines segment distributes property, general liability, casualty, and professional lines products for small commercial businesses distributed through a network of wholesale general agents, program administrators, and wholesale brokers.

As reported in a public form filed with the U.S. SEC on 25-06-2018, Richmond Hill Investment Co. – Lp an insider in Global Indemnity Ltd, sold shares worth $584,692 U.S. Dollars in the Ireland-based Global Indemnity Ltd. Richmond Hill Investment Co. – Lp disposed 14,072 new shares, at average $41.6 per share. Richmond Hill Investment Co. – Lp today owns 7.05% of the Company’s total market capitalization with ownership of 1.00 million shares. 

The stock increased 0.29% or $0.12 during the last trading session, reaching $41.62. About 37,018 shares traded or 39.47% up from the average. Global Indemnity Limited (NASDAQ:GBLI) has risen 3.26% since June 26, 2017 and is uptrending. It has underperformed by 9.31% the S&P500. Some Historical GBLI News: 08/05/2018 – Global Indemnity 1Q Adj EPS 81c; 17/04/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Global Indemnity, Workiva, China Tel, Renewable Energy Grou; 26/04/2018 – A.M. Best Comments on Credit Ratings of Global Indemnity Limited and Its Subsidiaries Following Cancellation of Internal Quota; 26/04/2018 – A.M. Best Comments on Credit Ratings of Global lndemnity Limited and Its Subsidiaries Following Cancellation of Internal Quota Share Reinsurance; 08/05/2018 – Global Indemnity 1Q Rev $119.6M; 08/05/2018 – Global Indemnity 1Q EPS 40c; 05/03/2018 Global Indemnity Limited Announces Quarterly Dividend; 08/05/2018 – Global Indemnity 1Q Gross Premiums Written $124.2M; 08/05/2018 – GLOBAL INDEMNITY LTD – BOOK VALUE PER SHARE DECREASED BY 2.1% TO $49.53 AT MARCH 31, 2018

Ducommun Incorporated (NYSE:DCO) Institutional Positions Chart