Landscape Capital Management L.L.C. Has $1.65 Million Stock Holdings in Howmet Aerospace Inc. (NYSE:HWM)

Landscape Capital Management L.L.C. grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 91.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,103 shares of the company's stock after acquiring an additional 7,212 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Howmet Aerospace were worth $1,652,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of HWM. Private Trust Co. NA grew its position in Howmet Aerospace by 28.0% in the 4th quarter. Private Trust Co. NA now owns 407 shares of the company's stock worth $45,000 after purchasing an additional 89 shares during the last quarter. O Neil Global Advisors Inc. lifted its holdings in Howmet Aerospace by 0.5% in the fourth quarter. O Neil Global Advisors Inc. now owns 19,527 shares of the company's stock worth $2,136,000 after purchasing an additional 90 shares during the period. Brooklyn Investment Group grew its position in Howmet Aerospace by 6.1% in the 4th quarter. Brooklyn Investment Group now owns 1,678 shares of the company's stock valued at $183,000 after buying an additional 97 shares in the last quarter. Frank Rimerman Advisors LLC increased its stake in Howmet Aerospace by 0.7% during the 4th quarter. Frank Rimerman Advisors LLC now owns 15,035 shares of the company's stock valued at $1,644,000 after buying an additional 100 shares during the period. Finally, Guyasuta Investment Advisors Inc. raised its position in shares of Howmet Aerospace by 1.4% during the 4th quarter. Guyasuta Investment Advisors Inc. now owns 7,662 shares of the company's stock worth $838,000 after buying an additional 104 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

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Howmet Aerospace Stock Performance

Howmet Aerospace stock traded down $4.89 on Thursday, reaching $123.20. 1,338,742 shares of the stock were exchanged, compared to its average volume of 2,748,611. The company has a current ratio of 2.17, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a fifty day moving average price of $128.84 and a two-hundred day moving average price of $117.67. The stock has a market cap of $49.90 billion, a PE ratio of 43.93, a PEG ratio of 1.92 and a beta of 1.25. Howmet Aerospace Inc. has a twelve month low of $62.80 and a twelve month high of $140.55.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.03. Howmet Aerospace had a return on equity of 25.74% and a net margin of 15.55%. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.88 billion. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Tuesday, July 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.32%. Howmet Aerospace's payout ratio is currently 14.18%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on HWM. Truist Financial reiterated a "buy" rating and set a $140.00 price objective (up previously from $130.00) on shares of Howmet Aerospace in a research note on Friday, February 14th. Wells Fargo & Company reduced their price objective on Howmet Aerospace from $146.00 to $132.00 and set an "overweight" rating for the company in a research note on Tuesday. Morgan Stanley lifted their target price on shares of Howmet Aerospace from $125.00 to $155.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 19th. The Goldman Sachs Group upped their price target on shares of Howmet Aerospace from $124.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 18th. Finally, Barclays boosted their target price on shares of Howmet Aerospace from $130.00 to $140.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.28.

Howmet Aerospace Company 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.