Wilen Investment Management Corp. Lowers stake in Ducommun Incorporated (DCO)

Ducommun Incorporated (DCO) : Wilen Investment Management Corp. reduced its stake in Ducommun Incorporated by 1.45% during the most recent quarter end. The investment management company now holds a total of 33,868 shares of Ducommun Incorporated which is valued at $645,524 after selling 500 shares in Ducommun Incorporated , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Ducommun Incorporated makes up approximately 0.40% of Wilen Investment Management Corp.’s portfolio.

Other Hedge Funds, Including , Spot Trading L.l.c sold out all of its stake in DCO during the most recent quarter. The investment firm sold 1,033 shares of DCO which is valued $19,689.Emerald Mutual Fund Advisers Trust boosted its stake in DCO in the latest quarter, The investment management firm added 3,159 additional shares and now holds a total of 15,841 shares of Ducommun Incorporated which is valued at $306,365. Ducommun Incorporated makes up approx 0.02% of Emerald Mutual Fund Advisers Trust’s portfolio.Emerald Advisers Incpa boosted its stake in DCO in the latest quarter, The investment management firm added 4,646 additional shares and now holds a total of 33,159 shares of Ducommun Incorporated which is valued at $641,295. Ducommun Incorporated makes up approx 0.03% of Emerald Advisers Incpa’s portfolio.Strs Ohio boosted its stake in DCO in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 26,000 shares of Ducommun Incorporated which is valued at $530,400.Foundry Partners boosted its stake in DCO in the latest quarter, The investment management firm added 42,705 additional shares and now holds a total of 226,720 shares of Ducommun Incorporated which is valued at $4,430,109. Ducommun Incorporated makes up approx 0.41% of Foundry Partners’s portfolio.

Ducommun Incorporated closed down -0.16 points or -0.77% at $20.51 with 1,24,342 shares getting traded on Monday. Post opening the session at $20.65, the shares hit an intraday low of $20.17 and an intraday high of $20.68 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Ducommun Incorporated reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.29. The company had revenue of $133.40 million for the quarter, compared to analysts expectations of $141.54 million. The company’s revenue was down -23.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.16 EPS.

Ducommun Incorporated is a global provider of engineering and manufacturing services. The Company offers a range of products and applications used in the aerospace defense industrial natural resources medical and other industries. It is a solution-based provider offering a range of value-added products and services in its primary businesses of electronics structures and integrated solutions. The Company’s operating segments include Ducommun LaBarge Technologies (DLT) and Ducommun AeroStructures (DAS). DLT designs engineers and manufactures products used in markets including aerospace defense natural resources industrial and medical and other end-use markets. DAS designs engineers and manufactures contoured aerospace structural components and assemblies and supplies composite and metal bonded structures and assemblies. DAS’s products are used on commercial aircraft military fixed-wing aircraft and military and commercial rotary-wing aircraft.

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