Crossmark Global Holdings Inc. Has $1.90 Million Stock Holdings in Howmet Aerospace Inc. (NYSE:HWM)

Crossmark Global Holdings Inc. cut its position in Howmet Aerospace Inc. (NYSE:HWM) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,385 shares of the company’s stock after selling 915 shares during the period. Crossmark Global Holdings Inc.’s holdings in Howmet Aerospace were worth $1,902,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Senator Investment Group LP grew its stake in shares of Howmet Aerospace by 24.8% in the 2nd quarter. Senator Investment Group LP now owns 156,000 shares of the company’s stock valued at $12,110,000 after buying an additional 31,000 shares during the period. Terra Nova Asset Management LLC acquired a new position in Howmet Aerospace during the 3rd quarter valued at about $1,264,000. Stifel Financial Corp boosted its stake in Howmet Aerospace by 12.1% during the 3rd quarter. Stifel Financial Corp now owns 263,830 shares of the company’s stock valued at $26,450,000 after purchasing an additional 28,568 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in Howmet Aerospace by 1,258.3% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,051 shares of the company’s stock valued at $206,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in Howmet Aerospace by 135.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 26,159 shares of the company’s stock valued at $2,622,000 after purchasing an additional 15,070 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 0.8 %

NYSE:HWM opened at $127.72 on Friday. 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 market capitalization of $51.89 billion, a PE ratio of 48.75, a price-to-earnings-growth ratio of 1.43 and a beta of 1.49. The firm’s 50 day moving average is $115.48 and its 200 day moving average is $102.68. Howmet Aerospace Inc. has a 12 month low of $55.00 and a 12 month high of $129.10.

Analysts Set New Price Targets

A number of research firms have issued reports on HWM. UBS Group lifted their price target on Howmet Aerospace from $103.00 to $120.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Robert W. Baird lifted their price target on Howmet Aerospace from $113.00 to $144.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Sanford C. Bernstein lifted their price target on Howmet Aerospace from $113.00 to $127.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Barclays lifted their price target on Howmet Aerospace from $100.00 to $130.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Finally, Bank of America lifted their target price on shares of Howmet Aerospace from $100.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.71.

Howmet Aerospace 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.