BNP Paribas Financial Markets Has $165,000 Stake in Haynes International, Inc. (NASDAQ:HAYN)

BNP Paribas Financial Markets raised its holdings in shares of Haynes International, Inc. (NASDAQ:HAYN) by 8.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,775 shares of the basic materials company’s stock after acquiring an additional 220 shares during the quarter. BNP Paribas Financial Markets’ holdings in Haynes International were worth $165,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HAYN. Gabelli Funds LLC lifted its position in shares of Haynes International by 29.5% in the second quarter. Gabelli Funds LLC now owns 179,371 shares of the basic materials company’s stock valued at $10,529,000 after buying an additional 40,904 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Haynes International by 2.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 160,923 shares of the basic materials company’s stock valued at $9,446,000 after purchasing an additional 4,153 shares during the period. Rhumbline Advisers grew its holdings in Haynes International by 3.2% in the second quarter. Rhumbline Advisers now owns 39,983 shares of the basic materials company’s stock worth $2,347,000 after purchasing an additional 1,245 shares during the period. Nisa Investment Advisors LLC grew its stake in Haynes International by 71,414.3% in the second quarter. Nisa Investment Advisors LLC now owns 25,030 shares of the basic materials company’s stock valued at $1,469,000 after acquiring an additional 24,995 shares during the period. Finally, Cornercap Investment Counsel Inc. acquired a new stake in shares of Haynes International in the 2nd quarter worth about $526,000. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Haynes International in a research report on Thursday, December 12th. They set a “hold” rating on the stock.

Haynes International Price Performance

NASDAQ HAYN opened at $60.99 on Wednesday. The company has a market cap of $779.45 million, a PE ratio of 20.96, a price-to-earnings-growth ratio of 0.85 and a beta of 1.39. The company has a quick ratio of 1.89, a current ratio of 7.74 and a debt-to-equity ratio of 0.22. The firm’s 50-day simple moving average is $60.59 and its two-hundred day simple moving average is $59.73. Haynes International, Inc. has a 52 week low of $47.69 and a 52 week high of $61.01.

About Haynes International

Haynes International, Inc develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, China, and internationally. The company offers high-temperature resistant alloys used by manufacturers of equipment, including jet engines for the aerospace market, gas turbine engines for power generation, and industrial heating equipment.