Public Employees Retirement System of Ohio lifted its holdings in shares of Loma Negra Compania Indl Argentina SA (NYSE:LOMA) by 75.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 129,774 shares of the company’s stock after acquiring an additional 55,600 shares during the period. Public Employees Retirement System of Ohio owned 0.11% of Loma Negra Compania Indl Argentina worth $1,331,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in LOMA. Genesis Asset Managers LLP lifted its holdings in shares of Loma Negra Compania Indl Argentina by 108.7% during the second quarter. Genesis Asset Managers LLP now owns 3,736,710 shares of the company’s stock worth $38,339,000 after purchasing an additional 1,945,992 shares during the period. FMR LLC lifted its holdings in shares of Loma Negra Compania Indl Argentina by 1.1% during the second quarter. FMR LLC now owns 2,967,538 shares of the company’s stock worth $30,446,000 after purchasing an additional 32,851 shares during the period. BlackRock Inc. lifted its holdings in shares of Loma Negra Compania Indl Argentina by 165.2% during the second quarter. BlackRock Inc. now owns 1,552,904 shares of the company’s stock worth $15,933,000 after purchasing an additional 967,291 shares during the period. Brown Advisory Inc. acquired a new stake in shares of Loma Negra Compania Indl Argentina during the second quarter worth $4,688,000. Finally, Millennium Management LLC lifted its holdings in shares of Loma Negra Compania Indl Argentina by 4.4% during the first quarter. Millennium Management LLC now owns 394,592 shares of the company’s stock worth $8,413,000 after purchasing an additional 16,571 shares during the period. Institutional investors and hedge funds own 35.79% of the company’s stock.

Loma Negra Compania Indl Argentina stock opened at $8.19 on Friday. Loma Negra Compania Indl Argentina SA has a one year low of $6.36 and a one year high of $26.89. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.06 and a quick ratio of 0.61. The firm has a market capitalization of $1.05 billion and a price-to-earnings ratio of 9.64.

Loma Negra Compania Indl Argentina (NYSE:LOMA) last released its earnings results on Thursday, August 9th. The company reported $0.07 EPS for the quarter. Loma Negra Compania Indl Argentina had a return on equity of 41.06% and a net margin of 9.60%. The company had revenue of $206.64 million during the quarter. On average, analysts predict that Loma Negra Compania Indl Argentina SA will post 0.59 earnings per share for the current year.

LOMA has been the subject of several recent research reports. ValuEngine downgraded Loma Negra Compania Indl Argentina from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 2nd. Zacks Investment Research downgraded Loma Negra Compania Indl Argentina from a “buy” rating to a “sell” rating in a report on Saturday, August 25th. Finally, Bank of America decreased their price target on Loma Negra Compania Indl Argentina from $17.30 to $13.00 and set a “buy” rating for the company in a report on Monday, September 24th. Three analysts have rated the stock with a sell rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $16.90.

Loma Negra Compania Indl Argentina Profile

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

See Also: Trading Strategy Methods for Individual Investors

Institutional Ownership by Quarter for Loma Negra Compania Indl Argentina (NYSE:LOMA)

Receive News & Ratings for Loma Negra Compania Indl Argentina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loma Negra Compania Indl Argentina and related companies with MarketBeat.com's FREE daily email newsletter.