Jane Street Group LLC Has $656,000 Stock Holdings in Kaiser Aluminum Co. (NASDAQ:KALU)

Jane Street Group LLC trimmed its holdings in shares of Kaiser Aluminum Co. (NASDAQ:KALU - Free Report) by 82.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,039 shares of the industrial products company's stock after selling 42,074 shares during the period. Jane Street Group LLC owned approximately 0.06% of Kaiser Aluminum worth $656,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of KALU. National Bank of Canada FI purchased a new position in shares of Kaiser Aluminum during the 2nd quarter valued at $32,000. Point72 DIFC Ltd purchased a new position in Kaiser Aluminum in the third quarter valued at about $41,000. Meeder Asset Management Inc. acquired a new position in Kaiser Aluminum in the 2nd quarter worth about $63,000. nVerses Capital LLC acquired a new position in Kaiser Aluminum in the 3rd quarter worth about $65,000. Finally, CWM LLC lifted its holdings in shares of Kaiser Aluminum by 125.3% during the 3rd quarter. CWM LLC now owns 1,282 shares of the industrial products company's stock valued at $93,000 after buying an additional 713 shares during the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

Kaiser Aluminum Stock Down 0.1 %

Shares of NASDAQ KALU traded down $0.04 during trading hours on Friday, hitting $70.23. The stock had a trading volume of 130,489 shares, compared to its average volume of 104,945. The firm's 50-day moving average price is $77.65 and its two-hundred day moving average price is $77.12. Kaiser Aluminum Co. has a 52 week low of $59.52 and a 52 week high of $102.42. The company has a market capitalization of $1.13 billion, a P/E ratio of 24.30 and a beta of 1.35. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.36 and a current ratio of 2.60.

Kaiser Aluminum (NASDAQ:KALU - Get Free Report) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of $793.30 million. Kaiser Aluminum had a return on equity of 6.92% and a net margin of 1.59%. The business's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS. Analysts anticipate that Kaiser Aluminum Co. will post 2.63 EPS for the current fiscal year.

Kaiser Aluminum Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, October 25th were paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date of this dividend was Friday, October 25th. Kaiser Aluminum's payout ratio is 106.57%.

Kaiser Aluminum Company 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.