Deprince Race & Zollo Inc. Purchases New Position in Core Molding Technologies, Inc. (CMT)

Deprince Race & Zollo Inc. purchased a new stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 260,872 shares of the industrial products company’s stock, valued at approximately $3,725,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Cornerstone Capital Management Holdings LLC. lifted its stake in shares of Core Molding Technologies by 13.7% in the 4th quarter. Cornerstone Capital Management Holdings LLC. now owns 24,000 shares of the industrial products company’s stock valued at $520,000 after acquiring an additional 2,900 shares during the last quarter. Citigroup Inc. lifted its stake in shares of Core Molding Technologies by 84.9% in the 1st quarter. Citigroup Inc. now owns 7,702 shares of the industrial products company’s stock valued at $137,000 after acquiring an additional 3,536 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Core Molding Technologies by 1.1% in the 4th 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. The Manufacturers Life Insurance Company lifted its stake in shares of Core Molding Technologies by 504.9% in the 4th 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. Finally, Deutsche Bank AG lifted its stake in shares of Core Molding Technologies by 57.4% in the 4th quarter. Deutsche Bank AG now owns 27,895 shares of the industrial products company’s stock valued at $603,000 after acquiring an additional 10,168 shares during the last quarter.

Shares of Core Molding Technologies opened at $13.39 on Friday, according to Marketbeat.com. Core Molding Technologies, Inc. has a 52 week low of $13.27 and a 52 week high of $24.50.

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

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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