Compass Capital Corp MA ADV Invests $2.11 Million in Howmet Aerospace Inc. (NYSE:HWM)

Compass Capital Corp MA ADV acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 19,281 shares of the company's stock, valued at approximately $2,109,000.

Other institutional investors have also added to or reduced their stakes in the company. RiverPark Advisors LLC bought a new stake in Howmet Aerospace in the 3rd quarter worth approximately $26,000. R Squared Ltd purchased a new position in shares of Howmet Aerospace in the 4th quarter worth $26,000. Hollencrest Capital Management bought a new stake in shares of Howmet Aerospace in the third quarter worth $30,000. Global Trust Asset Management LLC purchased a new stake in Howmet Aerospace during the fourth quarter valued at $33,000. Finally, Hanson & Doremus Investment Management purchased a new stake in Howmet Aerospace during the fourth quarter valued at $34,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HWM has been the subject of a number of recent research reports. Morgan Stanley boosted their price target on Howmet Aerospace from $125.00 to $155.00 and gave the company an "overweight" rating in a research note on Wednesday. UBS Group raised their price objective on shares of Howmet Aerospace from $103.00 to $120.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. JPMorgan Chase & Co. upped their target price on shares of Howmet Aerospace from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Barclays lifted their price target on shares of Howmet Aerospace from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Tuesday. Finally, KeyCorp lowered Howmet Aerospace from an "overweight" rating to a "sector weight" rating in a research note on Thursday, October 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $123.28.

Howmet Aerospace Price Performance

NYSE HWM traded down $8.61 during trading hours on Friday, reaching $129.83. The company's stock had a trading volume of 3,517,780 shares, compared to its average volume of 2,751,625. Howmet Aerospace Inc. has a 1 year low of $62.80 and a 1 year high of $140.55. The company has a quick ratio of 0.98, a current ratio of 2.17 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $52.58 billion, a price-to-earnings ratio of 46.04, a PEG ratio of 1.94 and a beta of 1.50. The firm's 50-day moving average price is $121.18 and its 200-day moving average price is $109.59.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.71 by $0.03. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.88 billion. Howmet Aerospace had a net margin of 15.55% and a return on equity of 25.74%. On average, equities research analysts predict that Howmet Aerospace Inc. will post 3.26 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be paid a dividend of $0.10 per share. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.40 dividend on an annualized basis and a yield of 0.31%. Howmet Aerospace's dividend payout ratio is presently 14.18%.

Howmet Aerospace Profile

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.