Bearish H&S Chart Pattern Is Formed By Kaiser Aluminum Corporation (KALU) at $106.14

May 16, 2018 - By Jack Shaw

Big Money Sentiment decreased to 0.95 in 2017 Q4. It has change of 0.10, from 2017Q3’s 1.05. The ratio is negative due to Kaiser Aluminum Corporation positioning: 17 sold and 67 reduced. 30 funds bought positions and 50 increased positions. Investors holded 16.00 million in 2017Q3 but now own 16.04 million shares or 0.25% more.
First Trust Advsrs L P has invested 0% in Kaiser Aluminum Corporation (NASDAQ:KALU). Td Asset reported 0.01% stake. American Century holds 73,014 shs. Bnp Paribas Arbitrage Sa holds 0% or 7,698 shs. 44,150 are owned by Rhumbline Advisers. Paradigm Asset Mngmt Ltd Company reported 900 shs stake. State Common Retirement Fund stated it has 0% in Kaiser Aluminum Corporation (NASDAQ:KALU). Bessemer Grp Inc has 115 shs. Cibc Asset Inc holds 2,378 shs. Fmr Limited Liability Corp invested in 215,851 shs. 166,546 are owned by Ameriprise Financial Incorporated. Acadian Asset Ltd Liability Co holds 0.16% or 352,517 shs. Credit Suisse Ag reported 21,144 shs stake. 38,765 are held by Employees Retirement Systems Of Ohio. D E Shaw Inc holds 0.01% or 34,768 shs.

Kaiser Aluminum Corporation had 4 sales and 0 insider purchases since March 5, 2018. This’s net activity of $2.47 million. OSBORNE ALFRED E JR sold $104,400 worth of stock or 1,000 shs. The insider HOCKEMA JACK A sold 9,000 shs worth $936,129. $726,481 worth of Kaiser Aluminum Corporation (NASDAQ:KALU) was sold by DONNAN JOHN MALCOLM on Monday, March 12.

H&S was formed by Kaiser Aluminum Corporation (KALU). It has $99.77 [Target] or $106.14 price per share. Kaiser Aluminum Corporation (KALU) has $1.78 billion market cap. Faxor.com reported it on May, 16. $106.74M less could be KALU valuation at $99.77 price per share.

Ticker’s shares touched $106.14 during the last trading session after 1.66% change.Kaiser Aluminum Corporation has volume of 50,435 shares. Since May 16, 2017 KALU has risen 25.83% and is uptrending. The stock outperformed the S&P500 by 14.28%.

On July, 18 WallStreet expected Kaiser Aluminum Corporation (NASDAQ:KALU)’s earnings report, according to RTT. Last year’s earnings per share was $1.47, while now analysts expect change of 10.88 % up from current $1.63 earnings per share. If $1.63 is reported, KALU’s profit will reach $27.32M for 16.28 P/E. Wall Street predicts 1.87 % EPS growth as of July, 18.

Kaiser Aluminum Corporation (NASDAQ:KALU) Ratings Coverage

A total of 5 analysts rate Kaiser Aluminum Corp (NASDAQ:KALU) as follows: 1 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 20% are bullish. The firm has $125.0 highest and $9700 lowest target. The avg target $106.60 is 0.43% above the last ($106.14) price. (NASDAQ:KALU) has 7 ratings reports on May 16, 2018 according to StockzIntelligence. On Tuesday, February 27 Deutsche Bank maintained the shares of KALU in report with “Hold” rating. On Friday, February 23 the company was maintained by Cowen & Co. On Friday, February 23 the rating was maintained by Credit Suisse with “Neutral”. On Monday, January 22 the stock of Kaiser Aluminum Corporation (NASDAQ:KALU) earned “Buy” rating by Seaport Global. On Friday, February 23 the stock of Kaiser Aluminum Corporation (NASDAQ:KALU) has “Buy” rating given by Seaport Global. In Monday, April 30 report Cowen & Co maintained the stock with “Hold” rating.

A couple more Kaiser Aluminum Corporation (NASDAQ:KALU) news were announced by: Seekingalpha.com which released on April 27, 2018 “Kaiser Aluminum’s (KALU) CEO Jack Hockema on Q1 2018 Results – Earnings Call Transcript”, also Streetinsider.com on May 10, 2018 announced “Constellium NV (CSTM), Kaiser Aluminum (KALU) Could Be Impacted from Ford F-Series Suspended Production …”, the next Globenewswire.com is “Kaiser Aluminum Corporation Reports First Quarter 2018 Financial Results” on April 25, 2018. Ocbj.com has article titled “Midday Stock Roundup”.

Kaiser Aluminum Corporation (NASDAQ:KALU) Institutional Investors Chart

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