Allegheny Technologies Inc (NYSE:ATI) Stock Price While Sentiment Improves to 1.73

May 3, 2018 - By Ira Colvard

“Big money” Positions

In 2017 Q4 Allegheny Technologies Inc (NYSE:ATI) big money sentiment increased to 1.73, revealed SEC filings. So its up 0.87, from 2017Q3’s 0.86. 145 active investment managers increased and started new positions, while 84 decreased and sold their positions in Allegheny Technologies Inc so the sentiment increased. Funds own 126.25 million shares, up from 116.44 million shares in 2017Q3. Funds holding Allegheny Technologies Inc in top 10 increased from 4 to 6 for an increase of 2. In total 26 funds closed positions, 58 reduced and 96 increased. Also 49 funds bought new Allegheny Technologies Inc stakes.

Significant Allegheny Technologies Inc Shareholders

As of 2017 Q4 Mcclain Value Management Llc has 9.56% invested in Allegheny Technologies Inc. As of 2017 Q4, 2.29 million shares of Allegheny Technologies Inc are owned by Van Den Berg Management I Inc. Also, Tricadia Capital Management Llc reported 353,600 shares in Allegheny Technologies Inc equivalent to 4.13% of its stock exposure. Pennant Capital Management Llc revealed 1.70 million shares position in Allegheny Technologies Inc. The Connecticut-based fund Sasco Capital Inc Ct holds 3.58 million shares or 3.16% of their stock exposure.

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide.The company has $3.31 billion market cap. The firm operates through two divisions, High Performance Materials & Components; and Flat-Rolled Products.Currently it has negative earnings. The High Performance Materials & Components segment provides various high performance materials, including titanium and titanium alloys; nickel-and cobalt alloys and superalloys; zirconium and related alloys, such as hafnium and niobium, advanced powder alloys, and other specialty materials, in long product forms of ingots, billets, bars, rods, wires, shapes and rectangles, and seamless tubes, plus precision forgings, castings, components, and machined parts.

The stock increased 0.69% or $0.18 during the last trading session, touching $26.34.Currently Allegheny Technologies Incorporated is uptrending after 37.25% change in last May 3, 2017. ATI has 1.64M shares volume. ATI outperformed by 25.70% the S&P500.

Comerica National Bank owns 0.02% invested in Allegheny Technologies Incorporated (NYSE:ATI) for 100,478 shs. Panagora Asset Mngmt reported 13,626 shs. Tuttle Tactical Lc accumulated 33,028 shs. Parametrica Mngmt Ltd has invested 0.24% of its capital in Allegheny Technologies Incorporated (NYSE:ATI). Jpmorgan Chase And Com reported 0% in Allegheny Technologies Incorporated (NYSE:ATI). Farmers And Merchants owns 169,998 shs. Ing Groep Nv holds 0.01% of its capital in Allegheny Technologies Incorporated (NYSE:ATI) for 18,992 shs. Raymond James & Assocs holds 12,103 shs or 0% of its capital. Principal Fin Gp holds 0.01% or 531,507 shs in its capital. Prudential Financial Incorporated has 0% invested in Allegheny Technologies Incorporated (NYSE:ATI) for 85,457 shs. Lapides Asset Management Limited Liability Corp has invested 1.35% in Allegheny Technologies Incorporated (NYSE:ATI). The Minnesota-based Walleye Trading Ltd has invested 0% in Allegheny Technologies Incorporated (NYSE:ATI). Profund Ltd Liability Corporation reported 27,113 shs or 0.03% of all its holdings. Bw Gestao De Investimentos Ltda reported 400,000 shs stake. Lmr Prtn Ltd Liability Partnership holds 0.09% or 35,468 shs.

Allegheny Technologies Incorporated (NYSE:ATI) Ratings Coverage

A total of 8 analysts rate Allegheny Technologies (NYSE:ATI) as follows: 6 “Buy”, 1 “Hold” and 1 “Sell”. Тherefore 75% are bullish. (NYSE:ATI) has 12 ratings reports on 3 May 2018 according to StockzIntelligence. On Monday, January 8 the firm earned “Outperform” rating by Cowen & Co. The stock rating was maintained by JP Morgan with “Neutral” on Wednesday, January 24. On Friday, April 27 the firm has “Overweight” rating by Barclays Capital given. On Friday, January 26 the stock of Allegheny Technologies Incorporated (NYSE:ATI) has “Buy” rating given by Buckingham Research. On Monday, January 22 the firm has “Buy” rating by Seaport Global given. The stock rating was maintained by KeyBanc Capital Markets with “Buy” on Tuesday, April 3. The stock rating was downgraded by Bank of America to “Neutral” on Wednesday, January 24. On Thursday, March 1 the firm earned “Buy” rating by KeyBanc Capital Markets. On Friday, March 2 the rating was upgraded by Bank of America to “Buy”. The company rating was maintained by KeyBanc Capital Markets on Thursday, November 16.

Allegheny Technologies Incorporated (NYSE:ATI) Analyst Ratings Chart

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