Loma Negra Compania Industrial Argentina S.A. Sponsored ADR $LOMA is Systrade AG’s 7th Largest Position

Systrade AG lowered its stake in shares of Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) by 34.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 250,000 shares of the company’s stock after selling 132,944 shares during the period. Loma Negra Compania Industrial Argentina accounts for approximately 2.0% of Systrade AG’s portfolio, making the stock its 7th largest holding. Systrade AG owned 0.21% of Loma Negra Compania Industrial Argentina worth $3,238,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in LOMA. Van ECK Associates Corp bought a new stake in shares of Loma Negra Compania Industrial Argentina during the 3rd quarter valued at $28,000. Banco Santander S.A. purchased a new position in Loma Negra Compania Industrial Argentina during the 3rd quarter valued at about $101,000. Advisors Preferred LLC bought a new stake in shares of Loma Negra Compania Industrial Argentina during the third quarter valued at about $133,000. Insigneo Advisory Services LLC increased its position in shares of Loma Negra Compania Industrial Argentina by 89.6% during the second quarter. Insigneo Advisory Services LLC now owns 23,342 shares of the company’s stock valued at $256,000 after buying an additional 11,031 shares during the period. Finally, Dodge & Cox lifted its holdings in shares of Loma Negra Compania Industrial Argentina by 17.0% in the third quarter. Dodge & Cox now owns 36,400 shares of the company’s stock worth $268,000 after buying an additional 5,300 shares in the last quarter. 19.32% of the stock is owned by institutional investors.

Loma Negra Compania Industrial Argentina Stock Performance

NYSE:LOMA opened at $10.83 on Tuesday. The stock has a market cap of $1.26 billion, a P/E ratio of 67.66 and a beta of 0.85. The company has a quick ratio of 0.48, a current ratio of 1.44 and a debt-to-equity ratio of 0.15. The business’s 50-day moving average price is $11.06 and its two-hundred day moving average price is $10.58. Loma Negra Compania Industrial Argentina S.A. Sponsored ADR has a twelve month low of $7.04 and a twelve month high of $14.17.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.11). The company had revenue of $155.17 million during the quarter, compared to the consensus estimate of $231.54 million. Loma Negra Compania Industrial Argentina had a return on equity of 2.25% and a net margin of 2.97%. As a group, equities analysts predict that Loma Negra Compania Industrial Argentina S.A. Sponsored ADR will post 1.25 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Loma Negra Compania Industrial Argentina in a research note on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.80.

About Loma Negra Compania Industrial Argentina

Loma Negra Compañía Industrial Argentina SA is the leading cement producer in Argentina, with a history dating back to its founding in Buenos Aires in 1926. The company operates an integrated network of cement and lime plants, as well as quarries and ready-mix concrete facilities. Its operations encompass the extraction of limestone, the production of clinker, hydraulic cement and quicklime, and the distribution of aggregates and concrete for a wide range of construction projects.

The company’s product portfolio serves residential, commercial, industrial and public infrastructure markets across Argentina.