Versant Capital Management Inc Has $81,000 Stock Position in Howmet Aerospace Inc. (NYSE:HWM)

Versant Capital Management Inc raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 18.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 744 shares of the company’s stock after acquiring an additional 117 shares during the quarter. Versant Capital Management Inc’s holdings in Howmet Aerospace were worth $81,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. RiverPark Advisors LLC bought a new stake in shares of Howmet Aerospace during the third quarter valued at approximately $26,000. LGT Financial Advisors LLC lifted its holdings in Howmet Aerospace by 278.7% during the 2nd quarter. LGT Financial Advisors LLC now owns 356 shares of the company’s stock worth $28,000 after buying an additional 262 shares in the last quarter. Hollencrest Capital Management bought a new position in Howmet Aerospace in the 3rd quarter valued at $30,000. Rothschild Investment LLC acquired a new stake in shares of Howmet Aerospace in the 2nd quarter valued at $32,000. Finally, Assetmark Inc. raised its position in shares of Howmet Aerospace by 40.0% during the third quarter. Assetmark Inc. now owns 441 shares of the company’s stock worth $44,000 after acquiring an additional 126 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 1.8 %

Shares of Howmet Aerospace stock opened at $112.76 on Friday. The company has a market capitalization of $45.81 billion, a P/E ratio of 43.04, a price-to-earnings-growth ratio of 1.56 and a beta of 1.48. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.24 and a quick ratio of 0.98. The business has a 50-day moving average of $112.26 and a two-hundred day moving average of $99.01. Howmet Aerospace Inc. has a 1 year low of $52.56 and a 1 year high of $120.71.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on HWM. Sanford C. Bernstein lifted their price objective on Howmet Aerospace from $113.00 to $127.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. UBS Group lifted their price target on shares of Howmet Aerospace from $103.00 to $120.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Bank of America increased their price objective on shares of Howmet Aerospace from $100.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Wells Fargo & Company upped their target price on shares of Howmet Aerospace from $129.00 to $132.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Finally, Susquehanna increased their price target on Howmet Aerospace from $120.00 to $132.00 and gave the company a “positive” rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $115.59.

About Howmet Aerospace

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.