Do Big Money Love Alcoa Inc (NYSE:AA), Sentiment at 0

June 27, 2018 - By Toni Killen

Alcoa Corporation (NYSE:AA) Corporate Logo

“Big money” Positions

In 2018 Q1 Alcoa Inc (NYSE:AA) big money sentiment decreased to 0, according to SEC.gov filings. So its down -0.67, from 2017Q4’s 0.67. 0 institutional investors started new and increased equity positions, while 4 sold and decreased their equity positions in Alcoa Inc so the sentiment dived. These funds own 251,028 shares, that’s down from 644,941 shares in 2017Q4. Funds holding Alcoa Inc in top 10 changed to 0 from 0 for the same number . In total 2 funds closed positions, 2 reduced and 0 increased. Also 0 funds bought new Alcoa Inc stakes.

Significant Alcoa Inc Shareholders

As of 2018 Q1 Carmignac Gestion has 0.08% invested in Alcoa Inc. Alcoa Inc’s shareholder Cypress Capital Management Llc (Wy) owns 610 shares as of 2018 Q1. Focused Wealth Management Inc reported 29 shares. The California-based fund Gemmer Asset Management Llc have invested about 0% of the institutional investor’s stock portfolio in Alcoa Inc. The Pennsylvania-based fund Vantage Investment Advisors Llc looks positive on Alcoa Inc, having 347 shares.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products.The company has $8.60 billion market cap. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products.60.75 is the P/E ratio. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

The stock increased 0.68% or $0.31 during the last trading session, hitting $46.11.Currently Alcoa Corporation is uptrending after 44.85% change in last June 27, 2017. AA has 1.13M shares volume. AA outperformed by 32.28% the S&P500.

Alcoa Corporation (NYSE:AA)’s earnings report is expected on July, 18., Faxor reports. Analysts predict 153.23 % diference or $1.57 from the $0.62 EPS from 2017. If earnings per share of $1.57 is revealed the profit of AA could be $292.72 million giving it 7.34 P/E. After $0.77 EPS report last quarter, Wall Street now predicts 103.90 % EPS growth of Alcoa Corporation.

Cypress Cap Limited Liability (Wy) holds 0.03% or 610 shs in its capital. Focused Wealth Management Inc holds 0% in Alcoa Corporation (NYSE:AA) or 29 shs. Gemmer Asset Mngmt Ltd Llc invested in 42 shs or 0% of the stock. Vantage Invest Advsr Limited Company has invested 0% in Alcoa Corporation (NYSE:AA). The France-based Carmignac Gestion has invested 0.08% in Alcoa Corporation (NYSE:AA).

Alcoa Corporation had 0 selling transactions and 4 insider buys since February 8, 2018. This’s net activity of $15.40 million. ELLIOTT ASSOCIATES – L.P. bought $4.60 million worth of Alcoa Corporation (NYSE:AA) or 256,000 shs on Tuesday, May 15. Hess David P had bought 40,300 shs worth $999,557 on Thursday, February 8. ELLIOTT INTERNATIONAL – L.P. bought $9.77 million worth of Alcoa Corporation (NYSE:AA) on Tuesday, May 15.

Alcoa Corporation (NYSE:AA) Ratings Coverage

In total 13 analysts cover Alcoa Inc (NYSE:AA). “Buy” rating has 9, “Sell” are 0, while 4 are “Hold”. (NYSE:AA) has 69% bullish analysts. With $80 highest and $4700 lowest target price, Alcoa Inc has $64.67 average target price or 40.25% above the current ($46.11) price. 19 are the (NYSE:AA)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Monday, April 9 the stock of Alcoa Corporation (NYSE:AA) has “Hold” rating given by Cowen & Co. On Wednesday, June 20 the firm has “Hold” rating given by FBR Capital. On Thursday, April 19 Bank of America maintained the shares of AA in report with “Buy” rating. On Thursday, January 18 the firm has “Buy” rating by CFRA given. On Thursday, April 19 the stock has “Hold” rating by Cowen & Co. On Tuesday, April 24 the stock has “Overweight” rating by Morgan Stanley. On Thursday, April 19 the stock has “Outperform” rating by Credit Suisse. On Monday, February 5 the rating was maintained by J.P. Morgan with “Buy”. On Wednesday, January 17 Cowen & Co maintained Alcoa Corporation (NYSE:AA) rating. Cowen & Co has “Hold” rating and $59.0 target. On Wednesday, January 17 BMO Capital Markets maintained the shares of AA in report with “Buy” rating.

For more Alcoa Corporation (NYSE:AA) news announced recently go to: Benzinga.com, Seekingalpha.com, Investorplace.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” announced on June 19, 2018, “Alcoa: Strong Operating Momentum, Attractive Relative Value” on June 22, 2018, “20 Massively Underpriced Stocks Wall Street Expects to Soar” with a publish date: June 25, 2018, “Report: Exploring Fundamental Drivers Behind Cabot Oil & Gas, Chesapeake Lodging Trust, CASI Pharmaceuticals …” and the last “Aluminum Tariffs Results Are A Mixed Bag For US So Far” with publication date: June 26, 2018.

Alcoa Corporation (NYSE:AA) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: