1,925 Shares in Howmet Aerospace Inc. (NYSE:HWM) Acquired by SMI Advisory Services LLC

SMI Advisory Services LLC acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,925 shares of the company’s stock, valued at approximately $221,000.

Other large investors have also added to or reduced their stakes in the company. RiverPark Advisors LLC purchased a new position in Howmet Aerospace during the third quarter valued at approximately $26,000. Hollencrest Capital Management bought a new stake in shares of Howmet Aerospace during the third quarter valued at approximately $30,000. Global Trust Asset Management LLC bought a new stake in Howmet Aerospace in the fourth quarter worth $33,000. Assetmark Inc. increased its position in Howmet Aerospace by 40.0% in the third quarter. Assetmark Inc. now owns 441 shares of the company’s stock worth $44,000 after purchasing an additional 126 shares during the last quarter. Finally, ORG Partners LLC bought a new stake in Howmet Aerospace in the fourth quarter worth $44,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $126.68 on Thursday. Howmet Aerospace Inc. has a one year low of $55.00 and a one year high of $129.10. The company has a 50-day simple moving average of $115.26 and a two-hundred day simple moving average of $102.51. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.98 and a current ratio of 2.24. The company has a market capitalization of $51.46 billion, a PE ratio of 48.35, a P/E/G ratio of 1.41 and a beta of 1.49.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on HWM shares. Robert W. Baird boosted their price target on shares of Howmet Aerospace from $113.00 to $144.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. KeyCorp cut shares of Howmet Aerospace from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 24th. Sanford C. Bernstein boosted their price target on shares of Howmet Aerospace from $113.00 to $127.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Barclays boosted their price objective on shares of Howmet Aerospace from $100.00 to $130.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. Finally, Wells Fargo & Company boosted their price objective on shares of Howmet Aerospace from $129.00 to $132.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus target price of $115.71.

About Howmet Aerospace

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.