UMB Bank n.a. Has $51,000 Stock Holdings in Alcoa Co. (NYSE:AA)

UMB Bank n.a. increased its position in shares of Alcoa Co. (NYSE:AA) by 78.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,360 shares of the industrial products company’s stock after acquiring an additional 598 shares during the quarter. UMB Bank n.a.’s holdings in Alcoa were worth $51,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AA. Pacer Advisors Inc. boosted its position in shares of Alcoa by 1.4% during the second quarter. Pacer Advisors Inc. now owns 26,965 shares of the industrial products company’s stock worth $1,073,000 after purchasing an additional 368 shares in the last quarter. Sei Investments Co. raised its stake in Alcoa by 673.0% during the 2nd quarter. Sei Investments Co. now owns 71,444 shares of the industrial products company’s stock worth $2,842,000 after buying an additional 62,201 shares during the period. Ensign Peak Advisors Inc lifted its holdings in Alcoa by 13.1% during the second quarter. Ensign Peak Advisors Inc now owns 70,045 shares of the industrial products company’s stock worth $2,786,000 after acquiring an additional 8,100 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Alcoa in the second quarter valued at about $296,000. Finally, Mackenzie Financial Corp bought a new stake in shares of Alcoa in the second quarter worth about $3,218,000.

Alcoa Stock Down 0.1 %

Alcoa stock opened at $37.33 on Friday. The company’s 50-day moving average price is $40.33 and its two-hundred day moving average price is $37.66. The company has a quick ratio of 0.80, a current ratio of 1.41 and a debt-to-equity ratio of 0.47. The stock has a market cap of $9.64 billion, a P/E ratio of -233.28, a P/E/G ratio of 0.16 and a beta of 2.47. Alcoa Co. has a twelve month low of $24.86 and a twelve month high of $47.77.

Alcoa (NYSE:AA) last released its quarterly earnings results on Wednesday, January 22nd. The industrial products company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.13. Alcoa had a return on equity of 5.48% and a net margin of 0.50%. As a group, analysts expect that Alcoa Co. will post 4.27 EPS for the current year.

Analyst Upgrades and Downgrades

AA has been the topic of several recent analyst reports. B. Riley upgraded Alcoa from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $41.00 to $50.00 in a report on Thursday, October 17th. Morgan Stanley upped their price target on shares of Alcoa from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Friday, October 18th. JPMorgan Chase & Co. raised their price objective on shares of Alcoa from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, January 16th. Bank of America upped their target price on shares of Alcoa to $58.00 and gave the stock a “buy” rating in a research note on Friday. Finally, BMO Capital Markets lifted their price target on Alcoa to $43.00 and gave the company a “hold” rating in a research note on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Alcoa has an average rating of “Moderate Buy” and a consensus target price of $46.36.

About Alcoa

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.