Russell Investments Group Ltd. Takes $288,000 Position in Core Molding Technologies Inc $CMT

Russell Investments Group Ltd. bought a new stake in Core Molding Technologies Inc (NYSEAMERICAN:CMT - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 18,949 shares of the industrial products company's stock, valued at approximately $288,000. Russell Investments Group Ltd. owned 0.21% of Core Molding Technologies as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Inspire Advisors LLC increased its position in Core Molding Technologies by 3.3% during the 1st quarter. Inspire Advisors LLC now owns 27,085 shares of the industrial products company's stock valued at $412,000 after buying an additional 871 shares in the last quarter. Bridgeway Capital Management LLC increased its position in Core Molding Technologies by 1.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 106,674 shares of the industrial products company's stock valued at $1,764,000 after buying an additional 1,292 shares in the last quarter. Barclays PLC increased its position in Core Molding Technologies by 14.3% during the 4th quarter. Barclays PLC now owns 11,368 shares of the industrial products company's stock valued at $188,000 after buying an additional 1,426 shares in the last quarter. Bank of America Corp DE increased its position in Core Molding Technologies by 7.3% during the 4th quarter. Bank of America Corp DE now owns 23,345 shares of the industrial products company's stock valued at $386,000 after buying an additional 1,585 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in Core Molding Technologies by 8.2% during the 1st quarter. Bank of New York Mellon Corp now owns 24,888 shares of the industrial products company's stock valued at $378,000 after buying an additional 1,881 shares in the last quarter. Institutional investors own 58.79% of the company's stock.

Core Molding Technologies Stock Up 1.2%

CMT stock opened at $19.20 on Tuesday. Core Molding Technologies Inc has a twelve month low of $12.25 and a twelve month high of $19.47. The company has a current ratio of 2.85, a quick ratio of 2.36 and a debt-to-equity ratio of 0.12. The company has a market cap of $170.11 million, a price-to-earnings ratio of 17.78 and a beta of 0.68. The company's 50 day moving average is $17.43.

Insider Buying and Selling

In related news, CEO David L. Duvall sold 11,300 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $16.02, for a total transaction of $181,026.00. Following the completion of the transaction, the chief executive officer owned 228,480 shares of the company's stock, valued at $3,660,249.60. This trade represents a 4.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thomas R. Cellitti sold 6,897 shares of Core Molding Technologies stock in a transaction on Monday, August 25th. The stock was sold at an average price of $18.89, for a total value of $130,284.33. Following the completion of the sale, the director directly owned 99,268 shares of the company's stock, valued at approximately $1,875,172.52. The trade was a 6.50% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 53,740 shares of company stock valued at $896,300. 10.00% of the stock is owned by corporate insiders.

Core Molding Technologies Profile

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.

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