Fiduciary Financial Group LLC Makes New Investment in Kaiser Aluminum Co. (NASDAQ:KALU)

Fiduciary Financial Group LLC purchased a new position in Kaiser Aluminum Co. (NASDAQ:KALU - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,999 shares of the industrial products company's stock, valued at approximately $281,000.

Several other large investors also recently added to or reduced their stakes in KALU. 180 Wealth Advisors LLC increased its position in Kaiser Aluminum by 22.9% during the fourth quarter. 180 Wealth Advisors LLC now owns 7,567 shares of the industrial products company's stock valued at $532,000 after acquiring an additional 1,412 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Kaiser Aluminum by 6.7% during the 3rd quarter. Principal Financial Group Inc. now owns 84,370 shares of the industrial products company's stock worth $6,119,000 after purchasing an additional 5,287 shares during the period. Franklin Resources Inc. grew its holdings in Kaiser Aluminum by 7.8% during the 3rd quarter. Franklin Resources Inc. now owns 18,440 shares of the industrial products company's stock valued at $1,332,000 after purchasing an additional 1,337 shares during the last quarter. Tidal Investments LLC raised its position in Kaiser Aluminum by 27.9% in the 3rd quarter. Tidal Investments LLC now owns 6,471 shares of the industrial products company's stock worth $469,000 after purchasing an additional 1,412 shares during the period. Finally, Virtu Financial LLC bought a new stake in Kaiser Aluminum in the third quarter worth about $217,000. 99.29% of the stock is owned by institutional investors.

Kaiser Aluminum Trading Up 1.3 %

Shares of KALU traded up $0.95 during mid-day trading on Thursday, reaching $74.37. 59,811 shares of the company's stock traded hands, compared to its average volume of 87,311. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.60 and a quick ratio of 1.36. The stock's 50-day moving average is $76.60 and its two-hundred day moving average is $76.18. Kaiser Aluminum Co. has a 12 month low of $59.52 and a 12 month high of $102.42. The stock has a market cap of $1.20 billion, a P/E ratio of 25.73 and a beta of 1.35.

Kaiser Aluminum (NASDAQ:KALU - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.16). The business had revenue of $748.00 million during the quarter, compared to the consensus estimate of $793.30 million. Kaiser Aluminum had a net margin of 1.59% and a return on equity of 6.92%. The business's revenue was up .5% compared to the same quarter last year. During the same period last year, the company earned $0.46 EPS. Research analysts forecast that Kaiser Aluminum Co. will post 2.63 earnings per share for the current fiscal year.

Kaiser Aluminum Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 24th will be given a $0.77 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $3.08 annualized dividend and a yield of 4.14%. Kaiser Aluminum's dividend payout ratio (DPR) is 106.57%.

Kaiser Aluminum Profile

Kaiser Aluminum Corporation, together with its subsidiaries, engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. It offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products.