Kaiser Aluminum Corp. (NASDAQ:KALU) COO Keith Harvey sold 500 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $90.00, for a total value of $45,000.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Keith Harvey also recently made the following trade(s):

  • On Thursday, August 1st, Keith Harvey sold 1,000 shares of Kaiser Aluminum stock. The stock was sold at an average price of $95.71, for a total value of $95,710.00.
  • On Monday, July 1st, Keith Harvey sold 1,000 shares of Kaiser Aluminum stock. The stock was sold at an average price of $97.88, for a total value of $97,880.00.
  • On Tuesday, June 18th, Keith Harvey sold 1,700 shares of Kaiser Aluminum stock. The stock was sold at an average price of $98.53, for a total value of $167,501.00.

NASDAQ KALU traded up $0.82 during trading hours on Friday, hitting $92.45. The company had a trading volume of 55,981 shares, compared to its average volume of 90,672. Kaiser Aluminum Corp. has a 52 week low of $83.29 and a 52 week high of $114.99. The firm has a 50 day simple moving average of $92.21 and a 200 day simple moving average of $97.78. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.34 and a current ratio of 3.63. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 14.29 and a beta of 1.07.

Kaiser Aluminum (NASDAQ:KALU) last issued its earnings results on Wednesday, July 24th. The industrial products company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.33 by $0.07. The business had revenue of $375.00 million during the quarter, compared to the consensus estimate of $388.25 million. Kaiser Aluminum had a return on equity of 14.23% and a net margin of 5.96%. The firm’s revenue was down 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.68 EPS. On average, research analysts forecast that Kaiser Aluminum Corp. will post 7.2 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Stockholders of record on Thursday, July 25th were given a dividend of $0.60 per share. The ex-dividend date was Wednesday, July 24th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.60%. Kaiser Aluminum’s dividend payout ratio (DPR) is presently 37.09%.

KALU has been the subject of several analyst reports. Zacks Investment Research downgraded Kaiser Aluminum from a “buy” rating to a “hold” rating in a research note on Friday. BidaskClub downgraded Kaiser Aluminum from a “hold” rating to a “sell” rating in a research note on Saturday, August 24th. ValuEngine downgraded Kaiser Aluminum from a “hold” rating to a “sell” rating in a research note on Tuesday, July 9th. Finally, Goldman Sachs Group upgraded Kaiser Aluminum from a “sell” rating to a “neutral” rating and set a $97.00 target price for the company in a research note on Thursday, August 8th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. Kaiser Aluminum has an average rating of “Hold” and an average target price of $106.00.

Several institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC raised its holdings in shares of Kaiser Aluminum by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 186,526 shares of the industrial products company’s stock valued at $16,654,000 after buying an additional 10,047 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of Kaiser Aluminum during the 1st quarter valued at about $249,000. BNP Paribas Arbitrage SA raised its holdings in shares of Kaiser Aluminum by 881.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,729 shares of the industrial products company’s stock valued at $391,000 after buying an additional 3,349 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of Kaiser Aluminum by 15.1% during the 1st quarter. Bank of Montreal Can now owns 10,579 shares of the industrial products company’s stock valued at $1,107,000 after buying an additional 1,391 shares in the last quarter. Finally, Texas Permanent School Fund raised its holdings in shares of Kaiser Aluminum by 1.2% during the 1st quarter. Texas Permanent School Fund now owns 10,928 shares of the industrial products company’s stock valued at $1,144,000 after buying an additional 129 shares in the last quarter. Hedge funds and other institutional investors own 96.15% of the company’s stock.

Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The company offers rolled, extruded, and drawn aluminum products used principally for aerospace and defense, automotive, consumer durables, electronics, electrical, and machinery and equipment applications.

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Insider Buying and Selling by Quarter for Kaiser Aluminum (NASDAQ:KALU)

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