UBS Group AG Boosts Stock Holdings in Loma Negra Compania Industrial Argentina S.A. Sponsored ADR $LOMA

UBS Group AG increased its position in shares of Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) by 71.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,838 shares of the company’s stock after purchasing an additional 81,352 shares during the period. UBS Group AG’s holdings in Loma Negra Compania Industrial Argentina were worth $2,523,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in LOMA. Van ECK Associates Corp purchased a new position in Loma Negra Compania Industrial Argentina during the third quarter worth about $28,000. Banco Santander S.A. purchased a new position in Loma Negra Compania Industrial Argentina during the third quarter worth about $101,000. Advisors Preferred LLC purchased a new position in Loma Negra Compania Industrial Argentina during the third quarter worth about $133,000. Dodge & Cox raised its holdings in Loma Negra Compania Industrial Argentina by 17.0% during the third quarter. Dodge & Cox now owns 36,400 shares of the company’s stock worth $268,000 after purchasing an additional 5,300 shares in the last quarter. Finally, Engineers Gate Manager LP raised its holdings in Loma Negra Compania Industrial Argentina by 35.3% during the second quarter. Engineers Gate Manager LP now owns 24,773 shares of the company’s stock worth $272,000 after purchasing an additional 6,463 shares in the last quarter. 19.32% of the stock is owned by hedge funds and other institutional investors.

Loma Negra Compania Industrial Argentina Trading Up 5.6%

Shares of Loma Negra Compania Industrial Argentina stock opened at $11.56 on Wednesday. Loma Negra Compania Industrial Argentina S.A. Sponsored ADR has a 12-month low of $7.04 and a 12-month high of $14.17. The company has a current ratio of 2.02, a quick ratio of 0.65 and a debt-to-equity ratio of 0.20. The stock has a market cap of $1.35 billion, a PE ratio of 48.17, a price-to-earnings-growth ratio of 0.46 and a beta of 0.74. The company has a 50-day moving average of $10.99 and a two-hundred day moving average of $11.45.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last issued its earnings results on Monday, May 4th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.20. Loma Negra Compania Industrial Argentina had a net margin of 4.38% and a return on equity of 3.27%. The company had revenue of $158.23 million during the quarter, compared to analysts’ expectations of $119.83 million. On average, research analysts anticipate that Loma Negra Compania Industrial Argentina S.A. Sponsored ADR will post 0.59 EPS for the current fiscal year.

Analyst Ratings Changes

LOMA has been the subject of several analyst reports. Weiss Ratings cut shares of Loma Negra Compania Industrial Argentina from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Wall Street Zen raised shares of Loma Negra Compania Industrial Argentina from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Loma Negra Compania Industrial Argentina presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

Loma Negra Compania Industrial Argentina Profile

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.