Fourth Sail Capital LP Grows Stock Position in Loma Negra Compania Industrial Argentina S.A. Sponsored ADR $LOMA

Fourth Sail Capital LP increased its stake in shares of Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) by 8.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,456,770 shares of the company’s stock after acquiring an additional 115,964 shares during the period. Loma Negra Compania Industrial Argentina comprises 3.3% of Fourth Sail Capital LP’s holdings, making the stock its 16th largest position. Fourth Sail Capital LP owned approximately 1.25% of Loma Negra Compania Industrial Argentina worth $15,981,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Kapitalo Investimentos Ltda acquired a new stake in Loma Negra Compania Industrial Argentina during the first quarter valued at $4,161,000. Systrade AG increased its stake in shares of Loma Negra Compania Industrial Argentina by 1,714.2% in the 2nd quarter. Systrade AG now owns 217,699 shares of the company’s stock valued at $2,388,000 after purchasing an additional 205,699 shares in the last quarter. William Blair Investment Management LLC acquired a new position in Loma Negra Compania Industrial Argentina in the 2nd quarter worth about $1,965,000. Cubist Systematic Strategies LLC boosted its position in Loma Negra Compania Industrial Argentina by 576.7% during the first quarter. Cubist Systematic Strategies LLC now owns 180,122 shares of the company’s stock worth $1,980,000 after purchasing an additional 153,503 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Loma Negra Compania Industrial Argentina by 9.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,525,857 shares of the company’s stock valued at $16,769,000 after purchasing an additional 138,063 shares during the period. 19.32% of the stock is currently owned by institutional investors and hedge funds.

Loma Negra Compania Industrial Argentina Stock Up 0.9%

Shares of LOMA opened at $10.82 on Monday. The company has a market cap of $1.26 billion, a P/E ratio of 34.92 and a beta of 1.04. Loma Negra Compania Industrial Argentina S.A. Sponsored ADR has a fifty-two week low of $7.04 and a fifty-two week high of $14.17. The firm’s 50 day moving average price is $8.45 and its 200 day moving average price is $10.41.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last posted its earnings results on Thursday, November 6th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.11). The business had revenue of $135.15 million for the quarter, compared to analysts’ expectations of $221.70 million. Loma Negra Compania Industrial Argentina had a return on equity of 4.34% and a net margin of 5.67%. Research analysts forecast that Loma Negra Compania Industrial Argentina S.A. Sponsored ADR will post 1.25 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Weiss Ratings raised shares of Loma Negra Compania Industrial Argentina from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Wall Street Zen cut Loma Negra Compania Industrial Argentina from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Loma Negra Compania Industrial Argentina currently has a consensus rating of “Moderate Buy” and an average target price of $14.80.

Loma Negra Compania Industrial Argentina Company Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.