Alcoa Corporation produces and sells bauxite, alumina, and aluminum products. The company has market cap of $10.18 billion. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products. It has a 35.74 P/E ratio. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.
Addenda Capital Inc decreased Danaher Corp Del (DHR) stake by 21.53% reported in 2017Q3 SEC filing. Addenda Capital Inc sold 13,822 shares as Danaher Corp Del (DHR)’s stock declined 2.27%. The Addenda Capital Inc holds 50,365 shares with $4.33M value, down from 64,187 last quarter. Danaher Corp Del now has $66.26B valuation. The stock increased 0.57% or $0.54 during the last trading session, reaching $95.25. About 1.81M shares traded. Danaher Corporation (NYSE:DHR) has risen 10.62% since January 9, 2017 and is uptrending. It has underperformed by 6.08% the S&P500.
Carmignac Gestion holds 0.14% of its portfolio in Alcoa Corporation for 380,000 shares. Cypress Capital Management Llc (Wy) owns 710 shares or 0.04% of their US portfolio. Moreover, Focused Wealth Management Inc has 0% invested in the company for 29 shares. The California-based Gemmer Asset Management Llc has invested 0% in the stock. Thrivent Financial For Lutherans, a Minnesota-based fund reported 743 shares.
The stock increased 1.68% or $0.91 during the last trading session, reaching $55. About 5.03M shares traded or 26.64% up from the average. Alcoa Corporation (AA) has 0.00% since January 9, 2017 and is . It has underperformed by 16.70% the S&P500.
Analysts await Alcoa Corporation (NYSE:AA) to report earnings on January, 17 after the close. They expect $1.23 EPS, up 778.57% or $1.09 from last year’s $0.14 per share. AA’s profit will be $227.57M for 11.18 P/E if the $1.23 EPS becomes a reality. After $0.72 actual EPS reported by Alcoa Corporation for the previous quarter, Wall Street now forecasts 70.83% EPS growth.
Ratings analysis reveals 45% of Alcoa’s analysts are positive. Out of 11 Wall Street analysts rating Alcoa, 5 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $11.0 while the high is $42.0. The stock’s average target of $29.33 is -46.67% below today’s ($55) share price. AA was included in 11 notes of analysts from September 9, 2016. The rating was initiated by Gabelli with “Buy” on Tuesday, November 1. The firm earned “Market Perform” rating on Thursday, October 13 by Cowen & Co. The rating was initiated by Macquarie Research on Tuesday, November 1 with “Neutral”. The firm earned “Overweight” rating on Monday, November 7 by Morgan Stanley. The stock of Alcoa Corporation (NYSE:AA) earned “Buy” rating by Citigroup on Monday, November 7. The firm has “Neutral” rating given on Wednesday, October 12 by Bank of America. Deutsche Bank maintained it with “Buy” rating and $33.0 target in Wednesday, October 12 report. The rating was initiated by Goldman Sachs with “Neutral” on Wednesday, November 2. The firm earned “Sector Perform” rating on Wednesday, October 12 by RBC Capital Markets. The stock of Alcoa Corporation (NYSE:AA) earned “Neutral” rating by Seaport Global Securities on Friday, September 9.
Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.40, from 1.41 in 2017Q2. It turned negative, as 58 investors sold DHR shares while 367 reduced holdings. 78 funds opened positions while 352 raised stakes. 511.08 million shares or 0.43% more from 508.92 million shares in 2017Q2 were reported. Chesley Taft Ltd reported 160,931 shares. Gabelli Funds Ltd Co reported 76,251 shares. Alliancebernstein Ltd Partnership reported 0.2% stake. The Pennsylvania-based Janney Management Ltd Liability Company has invested 0.63% in Danaher Corporation (NYSE:DHR). Banque Pictet Cie holds 448,936 shares or 0.87% of its portfolio. Ww Asset Mngmt Inc reported 53,842 shares. Tompkins Fincl reported 10,570 shares. Wagner Bowman Mngmt, Maryland-based fund reported 4,985 shares. Bahl Gaynor Incorporated holds 9,430 shares. Arete Wealth Ltd Company reported 2,438 shares. Haverford Trust Co holds 21,925 shares or 0.04% of its portfolio. Tiaa Cref Inv Management Ltd Liability Company stated it has 1.90M shares or 0.11% of all its holdings. Regent Investment Mgmt Lc holds 21,680 shares or 0.63% of its portfolio. Iberiabank, Louisiana-based fund reported 4,402 shares. Profit Invest Mngmt Limited Liability Company stated it has 0.71% of its portfolio in Danaher Corporation (NYSE:DHR).
Since August 31, 2017, it had 0 insider purchases, and 4 sales for $13.63 million activity. Shares for $1.03 million were sold by LUTZ ROBERT S. On Thursday, August 31 King William sold $3.62M worth of Danaher Corporation (NYSE:DHR) or 43,688 shares. 88,184 Danaher Corporation (NYSE:DHR) shares with value of $8.03M were sold by COMAS DANIEL L. EHRLICH DONALD J sold $960,736 worth of stock.
Analysts await Danaher Corporation (NYSE:DHR) to report earnings on January, 30. They expect $1.15 earnings per share, up 9.52% or $0.10 from last year’s $1.05 per share. DHR’s profit will be $799.94 million for 20.71 P/E if the $1.15 EPS becomes a reality. After $1.00 actual earnings per share reported by Danaher Corporation for the previous quarter, Wall Street now forecasts 15.00% EPS growth.
Among 19 analysts covering Danaher Corporation (NYSE:DHR), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Danaher Corporation had 74 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Sector Perform” rating and $87 target in Wednesday, January 27 report. Leerink Swann initiated Danaher Corporation (NYSE:DHR) on Wednesday, September 30 with “Outperform” rating. RBC Capital Markets maintained Danaher Corporation (NYSE:DHR) rating on Thursday, September 28. RBC Capital Markets has “Hold” rating and $88.0 target. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, October 1 report. Credit Suisse maintained Danaher Corporation (NYSE:DHR) on Friday, September 4 with “Neutral” rating. On Monday, April 25 the stock rating was maintained by Sterne Agee CRT with “Neutral”. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, January 3. Citigroup maintained Danaher Corporation (NYSE:DHR) on Wednesday, July 27 with “Neutral” rating. The firm has “Outperform” rating given on Friday, October 20 by Credit Suisse. RBC Capital Markets maintained the shares of DHR in report on Friday, October 23 with “Sector Perform” rating.