Keeley Teton Advisors LLC Acquires 13,906 Shares of Kaiser Aluminum Co. (NASDAQ:KALU)

Keeley Teton Advisors LLC increased its holdings in Kaiser Aluminum Co. (NASDAQ:KALU - Free Report) by 23.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 73,922 shares of the industrial products company's stock after buying an additional 13,906 shares during the period. Keeley Teton Advisors LLC owned 0.46% of Kaiser Aluminum worth $5,194,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. State Street Corp boosted its holdings in shares of Kaiser Aluminum by 2.2% in the third quarter. State Street Corp now owns 960,742 shares of the industrial products company's stock worth $69,673,000 after acquiring an additional 20,979 shares during the period. American Century Companies Inc. boosted its stake in Kaiser Aluminum by 12.6% in the 4th quarter. American Century Companies Inc. now owns 447,723 shares of the industrial products company's stock worth $31,461,000 after purchasing an additional 49,948 shares during the period. Wellington Management Group LLP grew its holdings in Kaiser Aluminum by 103.6% during the 4th quarter. Wellington Management Group LLP now owns 431,980 shares of the industrial products company's stock valued at $30,355,000 after buying an additional 219,827 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Kaiser Aluminum by 1.2% during the third quarter. Geode Capital Management LLC now owns 376,745 shares of the industrial products company's stock valued at $27,326,000 after buying an additional 4,388 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Kaiser Aluminum by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 298,318 shares of the industrial products company's stock worth $20,963,000 after buying an additional 3,816 shares in the last quarter. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Kaiser Aluminum Price Performance

NASDAQ KALU traded down $0.59 during trading on Friday, reaching $53.86. The company's stock had a trading volume of 138,335 shares, compared to its average volume of 138,340. The stock has a market capitalization of $867.15 million, a PE ratio of 18.77 and a beta of 1.32. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.44 and a quick ratio of 1.36. The firm has a fifty day moving average of $64.14 and a 200 day moving average of $71.04. Kaiser Aluminum Co. has a one year low of $46.81 and a one year high of $102.42.

Kaiser Aluminum (NASDAQ:KALU - Get Free Report) last announced its earnings results on Wednesday, February 19th. The industrial products company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by ($0.30). Kaiser Aluminum had a net margin of 1.55% and a return on equity of 6.25%. The company had revenue of $765.40 million during the quarter, compared to analysts' expectations of $752.00 million. During the same period in the prior year, the business earned $0.60 earnings per share. Analysts expect that Kaiser Aluminum Co. will post 5.14 EPS for the current fiscal year.

Kaiser Aluminum Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Friday, April 25th will be given a $0.77 dividend. The ex-dividend date of this dividend is Friday, April 25th. This represents a $3.08 annualized dividend and a yield of 5.72%. Kaiser Aluminum's dividend payout ratio (DPR) is presently 107.32%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on KALU shares. Wolfe Research raised shares of Kaiser Aluminum from an "underperform" rating to a "peer perform" rating in a research note on Friday, April 11th. StockNews.com upgraded shares of Kaiser Aluminum from a "sell" rating to a "hold" rating in a research report on Friday.

About Kaiser Aluminum

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.