Empowered Funds LLC acquired a new stake in Kaiser Aluminum Co. (NASDAQ:KALU - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 55,194 shares of the industrial products company's stock, valued at approximately $3,878,000. Empowered Funds LLC owned about 0.34% of Kaiser Aluminum as of its most recent filing with the SEC.
Several other institutional investors have also recently bought and sold shares of the business. Leisure Capital Management bought a new position in Kaiser Aluminum in the 4th quarter valued at $697,000. KBC Group NV raised its position in Kaiser Aluminum by 93.0% in the 4th quarter. KBC Group NV now owns 851 shares of the industrial products company's stock valued at $60,000 after purchasing an additional 410 shares during the last quarter. Tributary Capital Management LLC raised its position in Kaiser Aluminum by 9.3% in the 4th quarter. Tributary Capital Management LLC now owns 269,315 shares of the industrial products company's stock valued at $18,925,000 after purchasing an additional 22,839 shares during the last quarter. Ellsworth Advisors LLC bought a new stake in shares of Kaiser Aluminum during the fourth quarter worth $630,000. Finally, Fiduciary Financial Group LLC bought a new stake in shares of Kaiser Aluminum during the fourth quarter worth $281,000. Institutional investors own 99.29% of the company's stock.
Kaiser Aluminum Trading Down 2.8 %
Shares of KALU stock traded down $2.04 on Friday, reaching $70.25. 99,492 shares of the stock were exchanged, compared to its average volume of 79,452. The stock has a market cap of $1.13 billion, a PE ratio of 24.31 and a beta of 1.34. Kaiser Aluminum Co. has a one year low of $62.83 and a one year high of $102.42. 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 has a 50 day moving average price of $72.06 and a 200 day moving average price of $73.34.
Kaiser Aluminum Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 24th were given a dividend of $0.77 per share. The ex-dividend date was Friday, January 24th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.38%. Kaiser Aluminum's payout ratio is currently 106.57%.
About Kaiser Aluminum
(
Free Report)
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.
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