Ryerson Holding Corporation (NYSE:RYI) CEO Edward J. Lehner acquired 2,470 shares of the company’s stock in a transaction on Tuesday, August 8th. The stock was bought at an average cost of $8.26 per share, with a total value of $20,402.20. Following the completion of the acquisition, the chief executive officer now directly owns 122,080 shares in the company, valued at $1,008,380.80. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Ryerson Holding Corporation (NYSE:RYI) traded down 3.66% during trading on Wednesday, hitting $7.90. The stock had a trading volume of 345,756 shares. Ryerson Holding Corporation has a 1-year low of $7.80 and a 1-year high of $16.85. The firm’s 50 day moving average is $9.05 and its 200 day moving average is $10.48. The company has a market cap of $293.69 million, a PE ratio of 14.08 and a beta of 2.11.

Ryerson Holding Corporation (NYSE:RYI) last issued its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.05. Ryerson Holding Corporation had a negative return on equity of 53.49% and a net margin of 0.48%. The business had revenue of $875.40 million during the quarter, compared to analysts’ expectations of $875.13 million. During the same quarter last year, the business posted $0.17 EPS. The company’s quarterly revenue was up 18.3% on a year-over-year basis. Equities research analysts anticipate that Ryerson Holding Corporation will post $1.06 EPS for the current fiscal year.

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Large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in shares of Ryerson Holding Corporation by 34.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 495,562 shares of the basic materials company’s stock worth $6,617,000 after buying an additional 126,695 shares during the period. Strs Ohio increased its stake in shares of Ryerson Holding Corporation by 29.8% in the first quarter. Strs Ohio now owns 54,000 shares of the basic materials company’s stock worth $680,000 after buying an additional 12,400 shares during the period. Capital Fund Management S.A. increased its stake in shares of Ryerson Holding Corporation by 16.6% in the first quarter. Capital Fund Management S.A. now owns 16,428 shares of the basic materials company’s stock worth $207,000 after buying an additional 2,335 shares during the period. Prudential Financial Inc. increased its stake in shares of Ryerson Holding Corporation by 2.5% in the first quarter. Prudential Financial Inc. now owns 134,510 shares of the basic materials company’s stock worth $1,695,000 after buying an additional 3,300 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. increased its stake in shares of Ryerson Holding Corporation by 104.6% in the first quarter. Cornerstone Capital Management Holdings LLC. now owns 26,800 shares of the basic materials company’s stock worth $337,000 after buying an additional 13,700 shares during the period. Institutional investors own 39.66% of the company’s stock.

Several equities analysts have recently issued reports on RYI shares. ValuEngine lowered Ryerson Holding Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 16th. TheStreet upgraded Ryerson Holding Corporation from a “d” rating to a “c” rating in a research note on Monday. BMO Capital Markets reiterated a “hold” rating and issued a $13.00 price target on shares of Ryerson Holding Corporation in a research note on Thursday, April 20th. Zacks Investment Research lowered Ryerson Holding Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Finally, BidaskClub lowered Ryerson Holding Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Ryerson Holding Corporation has an average rating of “Hold” and a consensus price target of $14.33.

About Ryerson Holding Corporation

Ryerson Holding Corporation is a service center company for carbon and stainless steel, as well as aluminum. The Company operates through metal service centers segment. In addition to providing a range of flat and long metals products, it offers various value-added processing and fabrication services, such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius and beveling to process materials to a specified thickness, length, width, shape and surface quality pursuant to specific customer orders.

Insider Buying and Selling by Quarter for Ryerson Holding Corporation (NYSE:RYI)

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