OxFORD Asset Management LLP grew its stake in shares of Core Molding Technologies, Inc. (NYSEMKT:CMT) by 18.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,669 shares of the industrial products company’s stock after purchasing an additional 7,717 shares during the period. OxFORD Asset Management LLP owned approximately 0.65% of Core Molding Technologies worth $1,095,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of CMT. Strs Ohio purchased a new stake in shares of Core Molding Technologies during the 2nd quarter worth $144,000. Eagle Global Advisors LLC purchased a new stake in shares of Core Molding Technologies in the 2nd quarter worth about $219,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Core Molding Technologies in the 2nd quarter worth about $268,000. Granite Investment Partners LLC boosted its position in shares of Core Molding Technologies by 72.5% in the 2nd quarter. Granite Investment Partners LLC now owns 78,774 shares of the industrial products company’s stock worth $1,702,000 after buying an additional 33,113 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Core Molding Technologies by 156.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 32,521 shares of the industrial products company’s stock worth $703,000 after buying an additional 19,839 shares in the last quarter.
In related news, Director James F. Crowley sold 3,375 shares of Core Molding Technologies stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $21.65, for a total transaction of $73,068.75. Following the transaction, the director now directly owns 14,339 shares of the company’s stock, valued at $310,439.35. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Core Molding Technologies (NYSEMKT:CMT) last released its earnings results on Thursday, August 3rd. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.07. The firm had revenue of $47.37 million for the quarter. Core Molding Technologies had a return on equity of 8.65% and a net margin of 4.56%.
About Core Molding Technologies
Core Molding Technologies, Inc is a manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. The Company along with its subsidiaries operates in the plastics market in a family of products known as reinforced plastics. It operates through manufacturing of SMC and molder of fiberglass reinforced plastics segment.
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