Big Money Are Not Betting On Alcoa Inc (NYSE:AA), Sentiment at 0

June 27, 2018 - By Estela Ashley

Alcoa Corporation (NYSE:AA) Corporate Logo

“Big money” Positions

“Big money sentiment for Alcoa Inc (NYSE:AA) in Q1 2018 decreased to 0, according to Securities and Exchange Commission filings. That’s down -0.67, from 2017Q4’s 0.67. 0 institutional investors opened new or increased equity positions, while 4 sold and reduced their equity positions in Alcoa Inc so the sentiment is negative. Funds own 251,028 shares, down from 644,941 shares in 2017Q4. Funds holding Alcoa Inc in top 10 changed to 0 from 0 for the same number . In total 2 funds closed positions, 2 reduced and 0 increased. Also 0 funds bought new Alcoa Inc stakes.

Largest Alcoa Inc Investors

Carmignac Gestion owns 250,000 shares in Alcoa Inc as of Q1 2018. As of Q1 2018, 610 shares of Alcoa Inc are owned by Cypress Capital Management Llc (Wy). Focused Wealth Management Inc reported 29 shares. The California-based fund Gemmer Asset Management Llc have invested about 0% of the investment professional’s stock portfolio in Alcoa Inc. The Pennsylvania-based fund Vantage Investment Advisors Llc holds 347 shares or 0% of their US equity exposure.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products.The firm is worth $8.60 billion. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products.The P/E ratio is 60.75. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

AA is hitting $46.11 during the last trading session, after increased 0.68%.Currently Alcoa Corporation is uptrending after 44.85% change in last June 27, 2017. AA has 1.13M shares volume. AA outperformed the S&P500 by 32.28%.

On July, 18 Alcoa Corporation (NYSE:AA)’s earnings release is expected by WallStreet, according to Faxor. This year’s earnings per share analyst estimate is expected to be $1.57. That is 153.23 % up compareed to $0.62 earnings per share for last year. In case of $1.57 earnings per share AA’s profit could hit $292.72M. After $0.77 EPS report previous quarter, Wall Street now forecasts 103.90 % EPS growth of Alcoa Corporation.

Carmignac Gestion holds 0.08% of its capital in Alcoa Corporation (NYSE:AA) for 250,000 shs. Cypress Cap (Wy) holds 0.03% or 610 shs. Vantage Inv Advsr Ltd Liability Corp has 347 shs for 0% of their capital. Focused Wealth has 0% invested in Alcoa Corporation (NYSE:AA) for 29 shs. Gemmer Asset Mgmt Ltd invested in 42 shs or 0% of the stock.

Alcoa Corporation registered $15.40 million net activity with 4 insider buys and 0 selling transactions since February 8, 2018. SCHMIDT ULRICH bought $33,500 worth of Alcoa Corporation (NYSE:AA) on Thursday, May 3. On Tuesday, May 15 $4.60 million worth of stock was bought by ELLIOTT ASSOCIATES – L.P.. $9.77 million worth of stock was bought by ELLIOTT INTERNATIONAL – L.P. on Tuesday, May 15.

Alcoa Corporation (NYSE:AA) Ratings Coverage

Total analysts of 13 have positions in Alcoa Inc (NYSE:AA) as follows: 9 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 69%. The firm has $80 highest while $4700 is the lowest target price. The average target $64.67 is 40.25% above the last ($46.11) price. Since January 17, 2018 according to StockzIntelligence Inc Alcoa Inc has 19 analyst reports. On Friday, April 20 the company was maintained by Argus Research. On Tuesday, April 24 the firm has “Overweight” rating by Morgan Stanley given. In Wednesday, January 17 report Cowen & Co maintained it with “Hold” rating and $59.0 target. On Monday, February 5 the company was maintained by J.P. Morgan. On Thursday, January 18 the firm has “Buy” rating by CFRA given. On Monday, April 9 the firm has “Buy” rating by Citigroup given. The stock rating was maintained by Cowen & Co with “Hold” on Thursday, April 19. In Thursday, April 19 report BMO Capital Markets maintained it with “Outperform” rating and $80 target. In Wednesday, June 20 report FBR Capital initiated the stock with “Hold” rating. On Tuesday, April 24 the firm earned “Hold” rating by Citigroup.

For more Alcoa Corporation (NYSE:AA) news posted briefly go to: Benzinga.com, Seekingalpha.com, Investorplace.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” posted on June 19, 2018, “Alcoa: Strong Operating Momentum, Attractive Relative Value” on June 22, 2018, “20 Massively Underpriced Stocks Wall Street Expects to Soar” with a publish date: June 25, 2018, “Report: Exploring Fundamental Drivers Behind Cabot Oil & Gas, Chesapeake Lodging Trust, CASI Pharmaceuticals …” and the last “Aluminum Tariffs Results Are A Mixed Bag For US So Far” with publication date: June 26, 2018.

Alcoa Corporation (NYSE:AA) Analyst Ratings Chart

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