Kaiser Aluminum Corp (NASDAQ:KALU) Q4 2016 Institutional Investor Sentiment Steady

July 18, 2017 - By Michael Collier

 Kaiser Aluminum Corp (NASDAQ:KALU)  Q4 2016 Institutional Investor Sentiment Steady

Sentiment for Kaiser Aluminum Corp (NASDAQ:KALU)

Kaiser Aluminum Corp (NASDAQ:KALU) institutional sentiment increased to 1.02 in 2016 Q4. Its up 0.01, from 1.01 in 2016Q3. The ratio is positive, as 90 hedge funds opened new or increased equity positions, while 88 reduced and sold their positions in Kaiser Aluminum Corp. The hedge funds in our partner’s database now have: 16.67 million shares, down from 17.20 million shares in 2016Q3. Also, the number of hedge funds holding Kaiser Aluminum Corp in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 29 Reduced: 59 Increased: 67 New Position: 23.

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The company has market cap of $1.60 billion. The Firm operates in the Fabricated Products segment. It has a 16.36 P/E ratio. The Company’s Fabricated Products segment focuses on producing rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive and general engineering products that include consumer durables, electronics, electrical and machinery and equipment applications.

It closed at $92.93 lastly. It is down 3.95% since July 18, 2016 and is downtrending. It has underperformed by 20.65% the S&P500.

Analysts expect Kaiser Aluminum Corp. (NASDAQ:KALU) to report $0.94 EPS on July, 19.They anticipate $0.08 EPS change or 7.84 % from last quarter’s $1.02 EPS. KALU’s profit would be $16.18M giving it 24.72 P/E if the $0.94 EPS is correct. After having $1.52 EPS previously, Kaiser Aluminum Corp.’s analysts see -38.16 % EPS growth.

Paradice Investment Management Llc holds 3.56% of its portfolio in Kaiser Aluminum Corp. for 482,553 shares. Winslow Asset Management Inc owns 114,757 shares or 1.87% of their US portfolio. Moreover, Price Michael F has 1.81% invested in the company for 191,600 shares. The Illinois-based Keeley Asset Management Corp has invested 1.33% in the stock. Huber Capital Management Llc, a California-based fund reported 419,990 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 2 selling transactions for $255,288 activity.

Kaiser Aluminum Corp. (NASDAQ:KALU) Ratings Coverage

Ratings analysis reveals 33% of Kaiser Aluminum Corp’s analysts are positive. Out of 9 Wall Street analysts rating Kaiser Aluminum Corp, 3 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $9 while the high is $100. The stock’s average target of $77.25 is -16.87% below today’s ($92.93) share price. KALU was included in 13 notes of analysts from July 28, 2015. On Thursday, January 12 the stock rating was downgraded by Bank of America to “Underperform”. The firm has “Buy” rating given on Friday, June 23 by Deutsche Bank. Cowen & Co maintained Kaiser Aluminum Corp. (NASDAQ:KALU) rating on Thursday, February 18. Cowen & Co has “Outperform” rating and $86 target. The stock has “Outperform” rating by Cowen & Co on Thursday, July 23. Macquarie Research initiated the shares of KALU in report on Tuesday, September 6 with “Outperform” rating. The stock of Kaiser Aluminum Corp. (NASDAQ:KALU) earned “Neutral” rating by Credit Suisse on Friday, March 11. The firm has “Neutral” rating given on Wednesday, July 20 by Bank of America. The stock has “Neutral” rating by Macquarie Research on Wednesday, December 14. The company was initiated on Friday, September 9 by Seaport Global. KeyBanc Capital Markets downgraded the shares of KALU in report on Tuesday, July 28 to “Sector Weight” rating.

More notable recent Kaiser Aluminum Corp. (NASDAQ:KALU) news were published by: Globenewswire.com which released: “Kaiser Aluminum Announces Fourth Quarter and Full Year 2016 Earnings Release …” on February 02, 2017, also Ocbj.com with their article: “Kaiser Aluminum Beats in Q1” published on April 19, 2017, Globenewswire.com published: “Kaiser Aluminum Announces Second Quarter and First Half 2017 Earnings Release …” on July 05, 2017. More interesting news about Kaiser Aluminum Corp. (NASDAQ:KALU) were released by: Globenewswire.com and their article: “Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2016 …” published on February 21, 2017 as well as Zacks.com‘s news article titled: “Why Kaiser Aluminum (KALU) Might Surprise This Earnings Season July 18, 2017” with publication date: July 12, 2017.

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