YHB Investment Advisors Inc. Has $484,000 Stock Holdings in Alcoa Co. (NYSE:AA)

YHB Investment Advisors Inc. boosted its stake in Alcoa Co. (NYSE:AA) by 3.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,810 shares of the industrial products company’s stock after purchasing an additional 447 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Alcoa were worth $484,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mountaineer Partners Management LLC increased its position in shares of Alcoa by 4,023.0% during the third quarter. Mountaineer Partners Management LLC now owns 10,795,880 shares of the industrial products company’s stock worth $416,505,000 after acquiring an additional 10,534,036 shares in the last quarter. State Street Corp lifted its stake in Alcoa by 23.3% in the third quarter. State Street Corp now owns 9,563,645 shares of the industrial products company’s stock valued at $368,965,000 after acquiring an additional 1,805,915 shares during the last quarter. Geode Capital Management LLC grew its holdings in Alcoa by 42.0% during the third quarter. Geode Capital Management LLC now owns 4,193,744 shares of the industrial products company’s stock worth $161,838,000 after purchasing an additional 1,239,479 shares during the period. ARGA Investment Management LP boosted its stake in shares of Alcoa by 1.5% during the 3rd quarter. ARGA Investment Management LP now owns 2,313,806 shares of the industrial products company’s stock worth $89,267,000 after acquiring an additional 34,878 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Alcoa by 32.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,888,590 shares of the industrial products company’s stock valued at $72,862,000 after purchasing an additional 467,986 shares during the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on AA shares. Morgan Stanley lowered their target price on Alcoa from $55.00 to $51.00 and set an “overweight” rating on the stock in a research note on Tuesday. BMO Capital Markets upped their price target on shares of Alcoa to $43.00 and gave the stock a “hold” rating in a report on Friday, January 17th. UBS Group boosted their target price on Alcoa from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Bank of America boosted their price objective on Alcoa to $58.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Argus upgraded shares of Alcoa from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Wednesday, October 23rd. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $46.55.

Alcoa Trading Down 2.4 %

Shares of AA stock opened at $34.15 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.41 and a debt-to-equity ratio of 0.47. The company has a 50 day moving average of $39.92 and a 200-day moving average of $37.57. Alcoa Co. has a 12-month low of $24.86 and a 12-month high of $47.77. The firm has a market cap of $8.82 billion, a P/E ratio of -213.42, a PEG ratio of 0.16 and a beta of 2.47.

Alcoa (NYSE:AA) last posted its quarterly earnings results on Wednesday, January 22nd. The industrial products company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.13. Alcoa had a net margin of 0.50% and a return on equity of 5.48%. Sell-side analysts anticipate that Alcoa Co. will post 4.27 earnings per share for the current year.

Alcoa Profile

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.