Dalton Greiner Hartman Maher & Co. Raises Position in Core Molding Technologies, Inc. (CMT)

Dalton Greiner Hartman Maher & Co. boosted its stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 7.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,287 shares of the industrial products company’s stock after purchasing an additional 15,346 shares during the period. Dalton Greiner Hartman Maher & Co. owned about 2.68% of Core Molding Technologies worth $3,767,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CMT. Wells Fargo & Company MN raised its stake in shares of Core Molding Technologies by 38.8% during the fourth quarter. Wells Fargo & Company MN now owns 105,809 shares of the industrial products company’s stock valued at $2,297,000 after acquiring an additional 29,587 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Core Molding Technologies by 504.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 6,364 shares of the industrial products company’s stock valued at $139,000 after acquiring an additional 5,312 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Core Molding Technologies by 41.1% during the fourth quarter. Bank of New York Mellon Corp now owns 44,146 shares of the industrial products company’s stock valued at $958,000 after acquiring an additional 12,864 shares during the last quarter. BlackRock Inc. raised its stake in shares of Core Molding Technologies by 1.1% during the fourth quarter. BlackRock Inc. now owns 372,768 shares of the industrial products company’s stock valued at $8,089,000 after acquiring an additional 4,102 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Core Molding Technologies by 3.8% during the fourth quarter. Renaissance Technologies LLC now owns 436,700 shares of the industrial products company’s stock valued at $9,476,000 after acquiring an additional 15,900 shares during the last quarter.

Core Molding Technologies opened at $14.75 on Wednesday, Marketbeat reports. Core Molding Technologies, Inc. has a 52-week low of $13.53 and a 52-week high of $24.50.

Core Molding Technologies (NYSEAMERICAN:CMT) last released its quarterly earnings results on Wednesday, May 9th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $63.05 million during the quarter. Core Molding Technologies had a net margin of 1.46% and a return on equity of 2.24%.

The company also recently announced a quarterly dividend, which was paid on Thursday, May 31st. Investors of record on Tuesday, May 22nd were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date was Monday, May 21st.

Core Molding Technologies Profile

Core Molding Technologies, Inc, together with its subsidiaries, manufactures sheet molding compound (SMC) and molds fiberglass reinforced plastics. It specializes in large-format moldings and offers a range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics, bulk molding compounds, and direct long-fiber thermoplastics; and spray-up, hand lay-up, and resin transfer molding.

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Institutional Ownership by Quarter for Core Molding Technologies (NYSEAMERICAN:CMT)

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