Kaiser Aluminum Corp. (NASDAQ:KALU) CEO Jack A. Hockema sold 4,500 shares of the firm’s stock in a transaction dated Thursday, January 10th. The shares were sold at an average price of $94.82, for a total transaction of $426,690.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Jack A. Hockema also recently made the following trade(s):

  • On Friday, November 2nd, Jack A. Hockema sold 1,500 shares of Kaiser Aluminum stock. The shares were sold at an average price of $100.41, for a total transaction of $150,615.00.
  • On Tuesday, October 30th, Jack A. Hockema sold 4,500 shares of Kaiser Aluminum stock. The shares were sold at an average price of $93.35, for a total transaction of $420,075.00.

Shares of KALU stock opened at $95.95 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.50 and a quick ratio of 2.48. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 18.85 and a beta of 0.90. Kaiser Aluminum Corp. has a 12-month low of $83.29 and a 12-month high of $119.66.

Kaiser Aluminum (NASDAQ:KALU) last issued its quarterly earnings data on Wednesday, October 17th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.55 by ($0.12). The company had revenue of $393.10 million for the quarter, compared to analyst estimates of $383.84 million. Kaiser Aluminum had a return on equity of 13.23% and a net margin of 3.41%. The company’s revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the business earned $0.90 earnings per share. On average, sell-side analysts anticipate that Kaiser Aluminum Corp. will post 6.31 EPS for the current fiscal year.

Several equities research analysts recently issued reports on KALU shares. BidaskClub upgraded shares of Kaiser Aluminum from a “sell” rating to a “hold” rating in a research note on Friday, September 21st. Jefferies Financial Group upgraded shares of Kaiser Aluminum from a “hold” rating to a “buy” rating and set a $123.00 target price for the company in a research note on Tuesday, October 23rd. Finally, Zacks Investment Research upgraded shares of Kaiser Aluminum from a “sell” rating to a “hold” rating in a research note on Thursday, October 25th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $107.75.

A number of hedge funds have recently modified their holdings of KALU. NEXT Financial Group Inc acquired a new stake in Kaiser Aluminum during the third quarter worth approximately $117,000. BlueMountain Capital Management LLC acquired a new stake in Kaiser Aluminum during the third quarter worth approximately $121,000. Engineers Gate Manager LP acquired a new stake in Kaiser Aluminum during the third quarter worth approximately $203,000. Dynamic Technology Lab Private Ltd acquired a new stake in Kaiser Aluminum during the second quarter worth approximately $204,000. Finally, Paloma Partners Management Co acquired a new stake in Kaiser Aluminum during the third quarter worth approximately $207,000. Hedge funds and other institutional investors own 99.28% of the company’s stock.

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About Kaiser Aluminum

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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