Kaiser Aluminum Corp. (NASDAQ:KALU) VP Mark Krouse sold 1,100 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $93.44, for a total value of $102,784.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of NASDAQ:KALU opened at $93.46 on Friday. The firm has a market cap of $1.52 billion, a P/E ratio of 14.45 and a beta of 0.97. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.29 and a quick ratio of 2.14. Kaiser Aluminum Corp. has a 12-month low of $83.29 and a 12-month high of $119.66.

Kaiser Aluminum (NASDAQ:KALU) last announced its earnings results on Tuesday, April 23rd. The industrial products company reported $1.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.83 by $0.02. The business had revenue of $395.00 million during the quarter, compared to analyst estimates of $404.04 million. Kaiser Aluminum had a return on equity of 14.91% and a net margin of 5.90%. Kaiser Aluminum’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the company earned $1.60 EPS. Analysts expect that Kaiser Aluminum Corp. will post 7.11 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Thursday, April 25th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Wednesday, April 24th. Kaiser Aluminum’s dividend payout ratio is currently 37.09%.

Several hedge funds have recently bought and sold shares of KALU. Quantamental Technologies LLC bought a new position in shares of Kaiser Aluminum in the 4th quarter worth about $26,000. Fifth Third Bancorp raised its position in shares of Kaiser Aluminum by 66.8% in the 1st quarter. Fifth Third Bancorp now owns 402 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 161 shares in the last quarter. Advisor Group Inc. raised its position in shares of Kaiser Aluminum by 143.2% in the 1st quarter. Advisor Group Inc. now owns 1,391 shares of the industrial products company’s stock worth $146,000 after acquiring an additional 819 shares in the last quarter. BlueMountain Capital Management LLC bought a new position in shares of Kaiser Aluminum in the 1st quarter worth about $154,000. Finally, LS Investment Advisors LLC raised its position in shares of Kaiser Aluminum by 285.9% in the 4th quarter. LS Investment Advisors LLC now owns 1,914 shares of the industrial products company’s stock worth $171,000 after acquiring an additional 1,418 shares in the last quarter. 98.12% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on KALU. Zacks Investment Research raised Kaiser Aluminum from a “sell” rating to a “hold” rating in a research report on Wednesday, February 27th. BidaskClub lowered Kaiser Aluminum from a “buy” rating to a “hold” rating in a research report on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. Kaiser Aluminum has a consensus rating of “Hold” and an average target price of $110.33.

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Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The company offers rolled, extruded, and drawn aluminum products used principally for aerospace and defense, automotive, consumer durables, electronics, electrical, and machinery and equipment applications.

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