Dalton Greiner Hartman Maher & Co. Purchases New Position in CPI Aerostructures, Inc. (NYSEAMERICAN:CVU)

Dalton Greiner Hartman Maher & Co. purchased a new stake in CPI Aerostructures, Inc. (NYSEAMERICAN:CVU) during the third quarter, according to its most recent filing with the SEC. The firm purchased 44,200 shares of the aerospace company’s stock, valued at approximately $363,000.

Other large investors have also recently made changes to their positions in the company. Morgan Stanley raised its position in shares of CPI Aerostructures by 61.0% in the 2nd quarter. Morgan Stanley now owns 45,876 shares of the aerospace company’s stock valued at $386,000 after acquiring an additional 17,384 shares during the period. BlackRock Inc. raised its position in shares of CPI Aerostructures by 108.2% in the 2nd quarter. BlackRock Inc. now owns 68,673 shares of the aerospace company’s stock valued at $578,000 after acquiring an additional 35,693 shares during the period. River & Mercantile Asset Management LLP acquired a new stake in shares of CPI Aerostructures in the 2nd quarter valued at approximately $861,000. Heartland Advisors Inc. raised its position in shares of CPI Aerostructures by 11.2% in the 2nd quarter. Heartland Advisors Inc. now owns 528,300 shares of the aerospace company’s stock valued at $4,443,000 after acquiring an additional 53,300 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of CPI Aerostructures by 6.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 648,181 shares of the aerospace company’s stock valued at $5,449,000 after acquiring an additional 36,777 shares during the period.

Shares of NYSEAMERICAN:CVU opened at $8.03 on Friday. CPI Aerostructures, Inc. has a fifty-two week low of $5.83 and a fifty-two week high of $8.85.

CPI Aerostructures (NYSEAMERICAN:CVU) last announced its quarterly earnings results on Wednesday, August 7th. The aerospace company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The company had revenue of $23.16 million for the quarter.

About CPI Aerostructures

CPI Aerostructures, Inc engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts.

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Institutional Ownership by Quarter for CPI Aerostructures (NYSEAMERICAN:CVU)

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