638 Shares in Howmet Aerospace Inc. (NYSE:HWM) Acquired by Heck Capital Advisors LLC

Heck Capital Advisors LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 638 shares of the company’s stock, valued at approximately $70,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in Howmet Aerospace by 7.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,609 shares of the company’s stock worth $203,000 after buying an additional 178 shares during the period. Cetera Investment Advisers raised its stake in shares of Howmet Aerospace by 37.4% during the second quarter. Cetera Investment Advisers now owns 58,948 shares of the company’s stock valued at $4,576,000 after acquiring an additional 16,055 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Howmet Aerospace in the second quarter valued at approximately $1,533,000. Massmutual Trust Co. FSB ADV increased its holdings in Howmet Aerospace by 6.8% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,944 shares of the company’s stock worth $195,000 after purchasing an additional 124 shares during the period. Finally, Czech National Bank raised its position in Howmet Aerospace by 12.5% during the 3rd quarter. Czech National Bank now owns 83,143 shares of the company’s stock valued at $8,335,000 after purchasing an additional 9,248 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE HWM opened at $126.45 on Monday. Howmet Aerospace Inc. has a twelve month low of $55.89 and a twelve month high of $129.10. The stock has a market capitalization of $51.37 billion, a price-to-earnings ratio of 48.26, a PEG ratio of 1.42 and a beta of 1.49. The company has a current ratio of 2.24, a quick ratio of 0.98 and a debt-to-equity ratio of 0.76. The stock has a 50-day moving average of $116.98 and a 200 day moving average of $104.94.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.32%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Friday, February 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.21%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Bank of America raised their price target on Howmet Aerospace from $100.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Sanford C. Bernstein boosted their price target on shares of Howmet Aerospace from $113.00 to $127.00 and gave the company an “outperform” rating in a report on Monday, October 21st. Barclays increased their price objective on shares of Howmet Aerospace from $100.00 to $130.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Robert W. Baird upped their target price on Howmet Aerospace from $113.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, Susquehanna lifted their price target on Howmet Aerospace from $120.00 to $132.00 and gave the company a “positive” rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $115.71.

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.