Zimmer Partners LP Takes Position in Loma Negra (NYSE:LOMA)

Zimmer Partners LP bought a new stake in shares of Loma Negra (NYSE:LOMA) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 600,000 shares of the company’s stock, valued at approximately $13,824,000. Zimmer Partners LP owned 0.50% of Loma Negra as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LOMA. Bamco Inc. NY bought a new stake in shares of Loma Negra during the 4th quarter worth about $52,971,000. Genesis Asset Managers LLP bought a new stake in shares of Loma Negra during the 4th quarter worth about $38,383,000. Schroder Investment Management Group bought a new stake in shares of Loma Negra during the 4th quarter worth about $34,084,000. Teachers Advisors LLC bought a new stake in shares of Loma Negra during the 4th quarter worth about $29,358,000. Finally, BlackRock Inc. bought a new stake in shares of Loma Negra during the 4th quarter worth about $21,296,000. 39.85% of the stock is owned by hedge funds and other institutional investors.

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NYSE LOMA opened at $21.99 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.19 and a quick ratio of 0.86. Loma Negra has a 12 month low of $20.03 and a 12 month high of $26.89.

Separately, Zacks Investment Research downgraded shares of Loma Negra from a “hold” rating to a “strong sell” rating in a research report 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 presently 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.

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

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