Howmet Aerospace Inc. (NYSE:HWM) is Verde Servicos Internacionais S.A.'s 7th Largest Position

Verde Servicos Internacionais S.A. increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 13.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 115,195 shares of the company's stock after buying an additional 13,914 shares during the period. Howmet Aerospace accounts for about 5.4% of Verde Servicos Internacionais S.A.'s portfolio, making the stock its 7th largest holding. Verde Servicos Internacionais S.A.'s holdings in Howmet Aerospace were worth $12,599,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of HWM. RiverPark Advisors LLC acquired a new stake in Howmet Aerospace in the 3rd quarter worth about $26,000. Hollencrest Capital Management acquired a new position in shares of Howmet Aerospace in the 3rd quarter valued at approximately $30,000. Global Trust Asset Management LLC acquired a new position in shares of Howmet Aerospace in the 4th quarter valued at approximately $33,000. Assetmark Inc. raised its position in shares of Howmet Aerospace by 40.0% in the 3rd quarter. Assetmark Inc. now owns 441 shares of the company's stock valued at $44,000 after buying an additional 126 shares in the last quarter. Finally, ORG Partners LLC acquired a new position in shares of Howmet Aerospace in the 4th quarter valued at approximately $44,000. Institutional investors own 90.46% of the company's stock.

Howmet Aerospace Trading Up 3.5 %

NYSE:HWM traded up $4.27 during midday trading on Tuesday, hitting $126.35. 2,492,562 shares of the company traded hands, compared to its average volume of 2,801,792. The firm's fifty day moving average is $116.25 and its 200-day moving average is $103.80. Howmet Aerospace Inc. has a 12-month low of $55.33 and a 12-month high of $129.10. The firm has a market capitalization of $51.33 billion, a P/E ratio of 48.25, a P/E/G ratio of 1.43 and a beta of 1.49. The company has a current ratio of 2.24, a quick ratio of 0.98 and a debt-to-equity ratio of 0.76.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be paid a $0.10 dividend. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.08. This represents a $0.40 dividend on an annualized basis and a yield of 0.32%. Howmet Aerospace's dividend payout ratio (DPR) is presently 12.21%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on HWM shares. Sanford C. Bernstein boosted their target price on shares of Howmet Aerospace from $113.00 to $127.00 and gave the company an "outperform" rating in a research report on Monday, October 21st. Susquehanna upped their price objective on shares of Howmet Aerospace from $120.00 to $132.00 and gave the stock a "positive" rating in a research report on Thursday, November 7th. Royal Bank of Canada upped their price objective on shares of Howmet Aerospace from $105.00 to $135.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. UBS Group upped their price objective on shares of Howmet Aerospace from $103.00 to $120.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Finally, Barclays upped their price objective on shares of Howmet Aerospace from $100.00 to $130.00 and gave the stock an "overweight" rating in a research report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, Howmet Aerospace has an average rating of "Moderate Buy" and a consensus price target of $115.71.

Howmet Aerospace 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.