Harel Insurance Investments & Financial Services Ltd. Increases Stock Position in Howmet Aerospace Inc. (NYSE:HWM)

Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 51.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 30,673 shares of the company’s stock after buying an additional 10,384 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Howmet Aerospace were worth $3,355,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group boosted its position in shares of Howmet Aerospace by 6.1% in the 4th quarter. Brooklyn Investment Group now owns 1,678 shares of the company’s stock valued at $183,000 after purchasing an additional 97 shares during the period. Caprock Group LLC boosted its holdings in shares of Howmet Aerospace by 1.0% in the third quarter. Caprock Group LLC now owns 11,179 shares of the company’s stock valued at $1,121,000 after acquiring an additional 106 shares during the period. Versant Capital Management Inc grew its position in shares of Howmet Aerospace by 18.7% during the fourth quarter. Versant Capital Management Inc now owns 744 shares of the company’s stock worth $81,000 after acquiring an additional 117 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its holdings in shares of Howmet Aerospace by 6.8% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,944 shares of the company’s stock valued at $195,000 after acquiring an additional 124 shares during the period. Finally, OneDigital Investment Advisors LLC increased its holdings in shares of Howmet Aerospace by 2.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 5,260 shares of the company’s stock valued at $527,000 after acquiring an additional 124 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 0.6 %

Shares of HWM stock opened at $126.99 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.98 and a current ratio of 2.24. The stock has a market cap of $51.59 billion, a PE ratio of 48.47, a price-to-earnings-growth ratio of 1.43 and a beta of 1.49. The business’s fifty day moving average is $115.77 and its 200-day moving average is $102.85. Howmet Aerospace Inc. has a 1 year low of $55.00 and a 1 year high of $129.10.

Analyst Ratings Changes

Several brokerages have issued reports on HWM. Susquehanna raised their price objective on shares of Howmet Aerospace from $120.00 to $132.00 and gave the stock a “positive” rating in a research report on Thursday, November 7th. Sanford C. Bernstein raised their price target on Howmet Aerospace from $113.00 to $127.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Royal Bank of Canada upped their price objective on Howmet Aerospace from $105.00 to $135.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft lifted their target price on Howmet Aerospace from $106.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Finally, Bank of America upped their price target on Howmet Aerospace from $100.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $115.71.

Howmet Aerospace Company Profile

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.