Ryerson Holding Co. (NYSE:RYI) Shares Sold by Sei Investments Co.

Sei Investments Co. decreased its position in Ryerson Holding Co. (NYSE:RYI - Free Report) by 35.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 85,065 shares of the basic materials company's stock after selling 47,539 shares during the quarter. Sei Investments Co. owned approximately 0.25% of Ryerson worth $1,659,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of RYI. Vanguard Group Inc. raised its stake in shares of Ryerson by 3.5% in the first quarter. Vanguard Group Inc. now owns 2,380,803 shares of the basic materials company's stock worth $79,757,000 after buying an additional 81,515 shares during the period. William Blair Investment Management LLC grew its position in shares of Ryerson by 0.8% during the first quarter. William Blair Investment Management LLC now owns 865,464 shares of the basic materials company's stock worth $28,993,000 after purchasing an additional 6,883 shares in the last quarter. American Century Companies Inc. grew its position in shares of Ryerson by 14.2% during the second quarter. American Century Companies Inc. now owns 783,631 shares of the basic materials company's stock worth $15,281,000 after purchasing an additional 97,556 shares in the last quarter. Acadian Asset Management LLC grew its position in shares of Ryerson by 3.4% during the first quarter. Acadian Asset Management LLC now owns 675,102 shares of the basic materials company's stock worth $22,610,000 after purchasing an additional 22,069 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its position in shares of Ryerson by 2.6% during the first quarter. Bridgeway Capital Management LLC now owns 509,845 shares of the basic materials company's stock worth $17,080,000 after purchasing an additional 12,775 shares in the last quarter. Institutional investors own 94.81% of the company's stock.

Ryerson Price Performance

NYSE RYI traded up $0.48 during trading on Friday, hitting $20.03. 249,461 shares of the stock traded hands, compared to its average volume of 344,670. The company has a market capitalization of $665.00 million, a P/E ratio of 7.76 and a beta of 1.56. The firm has a 50-day simple moving average of $19.57 and a 200-day simple moving average of $23.30. The company has a quick ratio of 1.11, a current ratio of 2.38 and a debt-to-equity ratio of 0.59. Ryerson Holding Co. has a 12-month low of $17.57 and a 12-month high of $36.20.

Ryerson (NYSE:RYI - Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.13. Ryerson had a return on equity of 7.27% and a net margin of 1.31%. The firm had revenue of $1.23 billion during the quarter. During the same period in the prior year, the business posted $1.06 earnings per share.

Ryerson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were issued a $0.188 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.75%. Ryerson's dividend payout ratio is presently 29.07%.

Ryerson Profile

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing.