3,999 Shares in Kaiser Aluminum Co. (NASDAQ:KALU) Acquired by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC purchased a new position in Kaiser Aluminum Co. (NASDAQ:KALU) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,999 shares of the industrial products company’s stock, valued at approximately $281,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Point72 DIFC Ltd acquired a new position in Kaiser Aluminum in the 3rd quarter worth approximately $41,000. nVerses Capital LLC acquired a new stake in shares of Kaiser Aluminum during the 3rd quarter worth approximately $65,000. CWM LLC grew its stake in shares of Kaiser Aluminum by 125.3% during the 3rd quarter. CWM LLC now owns 1,282 shares of the industrial products company’s stock worth $93,000 after purchasing an additional 713 shares during the period. Millburn Ridgefield Corp acquired a new stake in shares of Kaiser Aluminum during the 3rd quarter worth approximately $169,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of Kaiser Aluminum during the 2nd quarter worth approximately $207,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Kaiser Aluminum Price Performance

Shares of NASDAQ KALU opened at $73.42 on Thursday. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 25.40 and a beta of 1.35. Kaiser Aluminum Co. has a 12 month low of $59.52 and a 12 month high of $102.42. The firm’s 50 day simple moving average is $76.85 and its 200-day simple moving average is $76.20. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.60 and a quick ratio of 1.36.

Kaiser Aluminum (NASDAQ:KALU) last released its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.16). Kaiser Aluminum had a net margin of 1.59% and a return on equity of 6.92%. The company had revenue of $748.00 million during the quarter, compared to analyst estimates of $793.30 million. During the same period in the prior year, the business posted $0.46 EPS. Kaiser Aluminum’s revenue was up .5% compared to the same quarter last year. Analysts expect that Kaiser Aluminum Co. will post 2.63 EPS for the current year.

Kaiser Aluminum Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 24th will be paid a $0.77 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $3.08 dividend on an annualized basis and a yield of 4.20%. Kaiser Aluminum’s dividend payout ratio is currently 106.57%.

Kaiser Aluminum Company Profile

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