Teachers Advisors LLC purchased a new position in shares of Loma Negra (NYSE:LOMA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,274,206 shares of the company’s stock, valued at approximately $29,358,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Bamco Inc. NY acquired a new position in Loma Negra during the fourth quarter worth $52,971,000. Genesis Asset Managers LLP acquired a new position in Loma Negra during the fourth quarter worth $38,383,000. Schroder Investment Management Group acquired a new position in Loma Negra during the fourth quarter worth $34,084,000. BlackRock Inc. acquired a new position in Loma Negra during the fourth quarter worth $21,296,000. Finally, Electron Capital Partners LLC acquired a new position in Loma Negra during the fourth quarter worth $16,199,000. Institutional investors own 39.85% of the company’s stock.

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Loma Negra (NYSE LOMA) opened at $20.75 on Friday. Loma Negra has a 52 week low of $20.03 and a 52 week high of $26.89. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.19 and a quick ratio of 0.86.

A number of research firms have commented on LOMA. Citigroup began coverage on Loma Negra in a research note on Monday, November 27th. They set a “neutral” rating on the stock. HSBC began coverage on Loma Negra in a research note on Tuesday, November 28th. They set a “hold” rating and a $21.50 price target on the stock. Bank of America began coverage on Loma Negra in a research note on Monday, November 27th. They set a “neutral” rating and a $26.00 price target on the stock. Morgan Stanley began coverage on Loma Negra in a research note on Monday, November 27th. They set an “equal weight” rating and a $26.00 price target on the stock. Finally, Zacks Investment Research cut Loma Negra from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 27th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Loma Negra has an average rating of “Hold” and a consensus target price of $24.50.

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Loma Negra Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and markets cement and its by-products in Argentina and Paraguay. It operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. The company offers masonry cement, aggregates, ready-mix concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.

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Institutional Ownership by Quarter for Loma Negra (NYSE:LOMA)

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