Alcoa Inc (NYSE:AA) Stock Price While Sentiment Falls to 0

June 27, 2018 - By Sarah Holford

Alcoa Corporation (NYSE:AA) Corporate Logo

Alcoa Inc’s Sentiment

In 2018 Q1 Alcoa Inc (NYSE:AA) big money sentiment decreased to 0, revealed SEC filings. That’s down -0.67, from 2017Q4’s 0.67. 0 investment professionals increased and opened new stock positions, while 4 trimmed and sold holdings in Alcoa Inc so the sentiment has worsened. These funds own 251,028 shares, that’s down from 644,941 shares in 2017Q4. Funds holding Alcoa Inc in top 10 was flat from 0 to 0 for the same number . In total 2 funds closed positions, 2 reduced and 0 increased. Also 0 funds bought new Alcoa Inc stakes.

Biggest 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 active investment manager’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 firm is worth $8.60 billion. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products.The P/E ratio is 60.75. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

AA touched $46.11 during the last trading session after $0.31 change.Currently Alcoa Corporation is uptrending after 44.85% change in last June 27, 2017. AA has 1.13 million shares volume. AA outperformed by 32.28% the S&P 500.

On July, 18 WallStreet awaited Alcoa Corporation (NYSE:AA)’s earnings release, Zacks reports. Analysts forecast $1.57 EPS. That’s $0.95 up or 153.23 % from 2017’s earnings of $0.62. AA’s profit could be $292.72 million with 7.34 P/E in case $1.57 EPS is reported. After $0.77 EPS report last quarter, Wall Street now sees 103.90 % EPS growth of Alcoa Corporation.

Moreover, Gemmer Asset Management Ltd has 0% invested in Alcoa Corporation (NYSE:AA). Cypress Limited Company (Wy) holds 610 shs. Carmignac Gestion invested in 0.08% or 250,000 shs. Vantage Invest Advsrs Lc holds 347 shs. Focused Wealth Inc holds 0% in Alcoa Corporation (NYSE:AA) or 29 shs.

Alcoa Corporation registered $15.40 million net activity with 4 buys and 0 insider sales since February 8, 2018. On Tuesday, May 15 Shares for $4.60M were bought by ELLIOTT ASSOCIATES – L.P.. On Thursday, May 3 Shares for $33,500 were bought by SCHMIDT ULRICH. On Thursday, February 8 Hess David P had bought 40,300 shs worth $999,557.

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 PT, Alcoa Inc has $64.67 average PT 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, February 5 the firm has “Buy” rating given by J.P. Morgan. On Thursday, April 19 Bank of America maintained Alcoa Corporation (NYSE:AA) with “Buy” rating. On Tuesday, April 24 the rating was maintained by Morgan Stanley with “Overweight”. The company rating was initiated by FBR Capital on Wednesday, June 20. On Wednesday, January 17 the company was maintained by BMO Capital Markets. The stock rating was maintained by Credit Suisse with “Buy” on Thursday, January 18. On Monday, April 9 the firm earned “Hold” rating by Cowen & Co. The stock rating was maintained by BMO Capital Markets with “Outperform” on Thursday, April 19. On Thursday, January 18 CFRA maintained the shares of AA in report with “Buy” rating. On Thursday, January 18 the stock has “Buy” rating by Bank of America.

For more Alcoa Corporation (NYSE:AA) news released recently go to: Seekingalpha.com, Benzinga.com, Investorplace.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “Alcoa: Strong Operating Momentum, Attractive Relative Value” released on June 22, 2018, “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” on June 19, 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

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