Kaiser Aluminum Co. (NASDAQ:KALU) Stock Holdings Increased by Brinker Capital Investments LLC

Brinker Capital Investments LLC boosted its position in Kaiser Aluminum Co. (NASDAQ:KALUGet Rating) by 5.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 8,617 shares of the industrial products company’s stock after buying an additional 442 shares during the period. Brinker Capital Investments LLC’s holdings in Kaiser Aluminum were worth $529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Great West Life Assurance Co. Can increased its holdings in Kaiser Aluminum by 10.8% in the third quarter. Great West Life Assurance Co. Can now owns 18,115 shares of the industrial products company’s stock valued at $1,111,000 after buying an additional 1,759 shares during the last quarter. Keybank National Association OH grew its holdings in shares of Kaiser Aluminum by 33.0% during the third quarter. Keybank National Association OH now owns 7,922 shares of the industrial products company’s stock valued at $486,000 after purchasing an additional 1,965 shares during the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Kaiser Aluminum during the third quarter valued at approximately $236,000. Louisiana State Employees Retirement System bought a new position in shares of Kaiser Aluminum during the third quarter valued at approximately $466,000. Finally, Copeland Capital Management LLC grew its holdings in shares of Kaiser Aluminum by 1.7% during the third quarter. Copeland Capital Management LLC now owns 285,694 shares of the industrial products company’s stock valued at $17,527,000 after purchasing an additional 4,862 shares during the last quarter. 99.65% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

KALU has been the subject of several recent research reports. Wolfe Research initiated coverage on Kaiser Aluminum in a report on Thursday, December 15th. They set a “peer perform” rating for the company. StockNews.com raised Kaiser Aluminum from a “sell” rating to a “hold” rating in a report on Friday, January 13th.

Kaiser Aluminum Stock Performance

Shares of KALU stock opened at $85.17 on Wednesday. Kaiser Aluminum Co. has a 12-month low of $59.24 and a 12-month high of $107.41. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -946.23 and a beta of 1.25. The business has a 50 day simple moving average of $83.48 and a 200 day simple moving average of $77.69. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.41 and a quick ratio of 1.26.

Kaiser Aluminum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 15th. Investors of record on Wednesday, January 25th will be issued a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date is Tuesday, January 24th. Kaiser Aluminum’s dividend payout ratio (DPR) is -3,421.84%.

Insider Buying and Selling

In related news, CFO Neal E. West sold 400 shares of the stock in a transaction that occurred on Tuesday, January 10th. The stock was sold at an average price of $84.47, for a total value of $33,788.00. Following the completion of the transaction, the chief financial officer now directly owns 580 shares of the company’s stock, valued at approximately $48,992.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.20% of the company’s stock.

Kaiser Aluminum Company Profile

(Get Rating)

Kaiser Aluminum Corporation engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. The company offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products.

Read More

Want to see what other hedge funds are holding KALU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kaiser Aluminum Co. (NASDAQ:KALUGet Rating).

Institutional Ownership by Quarter for Kaiser Aluminum (NASDAQ:KALU)

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