Barclays PLC Has $347,000 Stock Position in DMC Global Inc. (NASDAQ:BOOM)

Barclays PLC raised its position in DMC Global Inc. (NASDAQ:BOOM) by 291.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 26,741 shares of the industrial products company’s stock after acquiring an additional 19,901 shares during the period. Barclays PLC’s holdings in DMC Global were worth $347,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Villanova Investment Management Co LLC lifted its holdings in shares of DMC Global by 14.8% in the 3rd quarter. Villanova Investment Management Co LLC now owns 132,939 shares of the industrial products company’s stock worth $1,726,000 after purchasing an additional 17,110 shares in the last quarter. State Street Corp lifted its stake in shares of DMC Global by 2.7% in the third quarter. State Street Corp now owns 402,644 shares of the industrial products company’s stock valued at $5,226,000 after buying an additional 10,561 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of DMC Global in the third quarter valued at $130,000. FMR LLC grew its holdings in shares of DMC Global by 146.1% during the third quarter. FMR LLC now owns 2,247 shares of the industrial products company’s stock valued at $29,000 after buying an additional 1,334 shares during the last quarter. Finally, Quest Partners LLC raised its holdings in shares of DMC Global by 25.7% in the 3rd quarter. Quest Partners LLC now owns 6,718 shares of the industrial products company’s stock worth $87,000 after acquiring an additional 1,373 shares during the last quarter. Institutional investors own 77.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Stifel Nicolaus downgraded DMC Global from a “buy” rating to a “hold” rating and cut their price target for the company from $16.00 to $8.00 in a research note on Wednesday, November 20th. StockNews.com cut DMC Global from a “hold” rating to a “sell” rating in a research report on Tuesday, December 24th.

DMC Global Trading Up 1.4 %

Shares of BOOM stock opened at $7.29 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.09 and a current ratio of 2.37. The company has a market capitalization of $145.99 million, a price-to-earnings ratio of -0.92 and a beta of 1.58. DMC Global Inc. has a 52-week low of $6.64 and a 52-week high of $19.72. The company has a 50-day simple moving average of $8.05 and a two-hundred day simple moving average of $11.13.

DMC Global (NASDAQ:BOOM) last released its earnings results on Monday, November 4th. The industrial products company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.40). The business had revenue of $152.43 million during the quarter, compared to the consensus estimate of $152.00 million. DMC Global had a negative net margin of 14.23% and a positive return on equity of 1.45%. During the same period in the prior year, the company earned $0.50 earnings per share. Research analysts anticipate that DMC Global Inc. will post -0.23 EPS for the current fiscal year.

About DMC Global

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.