Alcoa Inc (NYSE:AA) Big Money Sentiment Dropped in 2018 Q1 to 0

June 27, 2018 - By Clyde Turner

Alcoa Corporation (NYSE:AA) Corporate Logo

Alcoa Inc’s Sentiment

“Big money sentiment for Alcoa Inc (NYSE:AA) in 2018 Q1 decreased to 0, revealed SEC filings. That’s down -0.67, from 2017Q4’s 0.67. 0 investment managers started new and increased positions, while 4 cut down and sold stakes in Alcoa Inc so the sentiment worsened. Funds own 251,028 shares, down from 644,941 shares in 2017Q4. Funds holding Alcoa Inc in top 10 was flat from 0 to 0 for the same number . 2 Investors Sold All; 2 Reduced Holdings; 0 increased holdings while 0 investment managers bought holdings.

Most Alcoa Inc Investors

Carmignac Gestion owns 250,000 shares in Alcoa Inc as of 2018 Q1. Alcoa Inc’s shareholder Cypress Capital Management Llc (Wy) owns 610 shares as of 2018 Q1. Focused Wealth Management Inc reported 29 shares. Gemmer Asset Management Llc revealed 42 shares position in Alcoa Inc. The Pennsylvania-based fund Vantage Investment Advisors Llc looks positive on Alcoa Inc, possessing 347 shares.

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.60.75 is the P/E ratio. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

Ticker’s shares touched $46.11 during the last trading session after 0.68% change.Currently Alcoa Corporation is uptrending after 44.85% change in last June 27, 2017. AA has 1.13 million shares volume. AA outperformed by 32.28% the S&P 500.

Alcoa Corporation (NYSE:AA)’s quarterly earnings will be published on July, 18., according to Zacks. Analysts have expectation on stock’s EPS of $1.57. That’s up 153.23 % from last year’s $0.62 EPS. The profit will be $292.72M for AA if $1.57 EPS becomes true. 103.90 % EPS growth is what analysts predict. $0.77 EPS was published for last quarter.

Carmignac Gestion invested in 250,000 shs. Gemmer Asset Mngmt Limited Liability, California-based fund reported 42 shs. Vantage Investment Ltd Liability owns 347 shs. 610 were reported by Cypress Mngmt Limited Liability Company (Wy). Focused Wealth holds 0% or 29 shs.

Alcoa Corporation registered $15.40 million net activity with 4 buys and 0 selling transactions since February 8, 2018. Shares for $4.60 million were bought by ELLIOTT ASSOCIATES – L.P.. SCHMIDT ULRICH had bought 2,000 shs worth $33,500. $9.77M worth of Alcoa Corporation (NYSE:AA) shs were bought by ELLIOTT INTERNATIONAL – L.P..

Alcoa Corporation (NYSE:AA) Ratings Coverage

A total of 13 analysts rate Alcoa Inc (NYSE:AA) as follows: 9 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 69% are bullish. The firm has $80 highest and $4700 lowest target. The avg target $64.67 is 40.25% above the last ($46.11) price. (NYSE:AA) has 19 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Thursday, April 19 the rating was maintained by Bank of America with “Buy”. The stock rating was downgraded by Citigroup to “Hold” on Tuesday, April 24. On Friday, April 20 the stock of Alcoa Corporation (NYSE:AA) has “Buy” rating given by Argus Research. On Wednesday, January 17 the firm earned “Buy” rating by BMO Capital Markets. On Thursday, April 19 the company was maintained by Credit Suisse. On Thursday, April 19 the company was maintained by Cowen & Co. In Wednesday, June 20 report FBR Capital initiated it with “Hold” rating and $4700 target. On Monday, April 9 the firm has “Buy” rating given by Citigroup. The company rating was maintained by Bank of America on Thursday, January 18. On Tuesday, April 24 Morgan Stanley maintained Alcoa Corporation (NYSE:AA) with “Overweight” rating.

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

Alcoa Corporation (NYSE:AA) Analyst Ratings Chart

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