Long Focus Capital Management LLC Acquires 20,000 Shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

Long Focus Capital Management LLC grew its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) by 9.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 237,600 shares of the company’s stock after acquiring an additional 20,000 shares during the quarter. Long Focus Capital Management LLC owned about 0.20% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $1,606,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of LOMA. Mak Capital One LLC increased its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 153.2% in the 2nd quarter. Mak Capital One LLC now owns 1,823,913 shares of the company’s stock worth $12,330,000 after buying an additional 1,103,515 shares during the last quarter. Ping Capital Management Inc. bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 2nd quarter worth approximately $703,000. Liontrust Investment Partners LLP purchased a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter worth approximately $270,000. Virtu Financial LLC grew its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 272.8% during the first quarter. Virtu Financial LLC now owns 37,799 shares of the company’s stock valued at $252,000 after acquiring an additional 27,660 shares during the last quarter. Finally, Capital International Investors lifted its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 4.1% in the 1st quarter. Capital International Investors now owns 7,681,037 shares of the company’s stock worth $51,309,000 after acquiring an additional 304,584 shares during the last quarter. Hedge funds and other institutional investors own 19.32% of the company’s stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance

LOMA opened at $8.68 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.22 and a quick ratio of 0.35. The stock’s 50 day simple moving average is $7.17 and its 200 day simple moving average is $7.08. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 21.17 and a beta of 1.33. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 1 year low of $5.64 and a 1 year high of $9.00.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.29 EPS for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 9.06% and a return on equity of 9.15%. The company had revenue of $153.80 million during the quarter. As a group, analysts predict that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.79 earnings per share for the current year.

Loma Negra Compañía Industrial Argentina Sociedad Anónima 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.