19,281 Shares in Howmet Aerospace Inc. (NYSE:HWM) Acquired by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,281 shares of the company’s stock, valued at approximately $2,109,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in Howmet Aerospace by 8.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,711,497 shares of the company’s stock worth $1,775,578,000 after buying an additional 1,336,592 shares in the last quarter. State Street Corp grew its stake in Howmet Aerospace by 2.3% in the 3rd quarter. State Street Corp now owns 17,440,176 shares of the company’s stock worth $1,748,378,000 after buying an additional 384,171 shares in the last quarter. Geode Capital Management LLC grew its stake in Howmet Aerospace by 5.0% in the 3rd quarter. Geode Capital Management LLC now owns 9,502,223 shares of the company’s stock worth $949,382,000 after buying an additional 453,275 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Howmet Aerospace by 5.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,305,249 shares of the company’s stock worth $231,101,000 after buying an additional 114,457 shares in the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in Howmet Aerospace by 12.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 1,378,141 shares of the company’s stock worth $138,159,000 after buying an additional 150,387 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 0.9 %

NYSE:HWM opened at $138.16 on Friday. The company has a fifty day moving average of $120.86 and a 200 day moving average of $109.29. Howmet Aerospace Inc. has a 52 week low of $62.80 and a 52 week high of $140.55. The company has a quick ratio of 0.98, a current ratio of 2.17 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $55.96 billion, a P/E ratio of 48.99, a P/E/G ratio of 1.51 and a beta of 1.50.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. Howmet Aerospace had a net margin of 15.55% and a return on equity of 25.74%. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.88 billion. On average, research analysts predict that Howmet Aerospace Inc. will post 3.24 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a yield of 0.29%. Howmet Aerospace’s dividend payout ratio is 14.18%.

Analysts Set New Price Targets

A number of equities analysts have commented on HWM shares. UBS Group boosted their price target on shares of Howmet Aerospace from $103.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Bank of America boosted their price target on shares of Howmet Aerospace from $100.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Robert W. Baird upped their price objective on shares of Howmet Aerospace from $113.00 to $144.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. KeyCorp cut shares of Howmet Aerospace from an “overweight” rating to a “sector weight” rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group upped their price objective on shares of Howmet Aerospace from $124.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.28.

Howmet Aerospace Company 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.