BNP Paribas Financial Markets Purchases 220 Shares of Haynes International, Inc. (NASDAQ:HAYN)

BNP Paribas Financial Markets raised its stake in Haynes International, Inc. (NASDAQ:HAYN) by 8.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,775 shares of the basic materials company’s stock after purchasing an additional 220 shares during the quarter. BNP Paribas Financial Markets’ holdings in Haynes International were worth $165,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in HAYN. Gabelli Funds LLC lifted its position in Haynes International by 29.5% during the second quarter. Gabelli Funds LLC now owns 179,371 shares of the basic materials company’s stock valued at $10,529,000 after buying an additional 40,904 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of Haynes International by 71,414.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 25,030 shares of the basic materials company’s stock valued at $1,469,000 after buying an additional 24,995 shares during the period. Cornercap Investment Counsel Inc. bought a new stake in Haynes International during the second quarter valued at approximately $526,000. Bank of New York Mellon Corp increased its position in Haynes International by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 160,923 shares of the basic materials company’s stock worth $9,446,000 after buying an additional 4,153 shares in the last quarter. Finally, Rhumbline Advisers raised its position in shares of Haynes International by 3.2% during the 2nd quarter. Rhumbline Advisers now owns 39,983 shares of the basic materials company’s stock valued at $2,347,000 after purchasing an additional 1,245 shares during the period. Institutional investors own 97.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Haynes International in a report on Thursday, December 12th. They set a “hold” rating on the stock.

Haynes International Trading Up 0.0 %

NASDAQ HAYN opened at $60.99 on Wednesday. Haynes International, Inc. has a one year low of $47.69 and a one year high of $61.01. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.89 and a current ratio of 7.74. The company has a market capitalization of $779.45 million, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 0.85 and a beta of 1.39. The company’s 50-day simple moving average is $60.59 and its two-hundred day simple moving average is $59.73.

Haynes International Company Profile

Haynes International, Inc develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, China, and internationally. The company offers high-temperature resistant alloys used by manufacturers of equipment, including jet engines for the aerospace market, gas turbine engines for power generation, and industrial heating equipment.