Analyst Activity – Goldman Sachs Initiates Coverage On Reliance Steel & Aluminum (NYSE:RS) With a Neutral

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Analyst Ratings For Reliance Steel & Aluminum (NYSE:RS)

Today, Goldman Sachs initiated coverage on Reliance Steel & Aluminum (NYSE:RS) with a Neutral with a price target of $103.00.

Some recent analyst ratings include

  • 3/20/2018-Goldman Sachs initiated coverage with a Neutral rating.
  • 2/7/2018-Longbow Research Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 11/15/2017-Clarkson Capital Reiterated Rating of Buy.
  • 10/6/2017-Jefferies Group Reiterated Rating of Hold.

Dividend information for Reliance Steel & Aluminum (NYSE:RS)

Reliance Steel & Aluminum (NYSE:RS) pays an annual dividend of $2.00 with a yield of 2.26% and an average dividend growth of 8.70% based on a 3 Year Average..

Dividend History for Reliance Steel & Aluminum (NYSE:RS)

  • On 2/16/2018 Reliance Steel & Aluminum announced a quarterly dividend of $0.50 2.11% with an ex dividend date of 3/15/2018 which will be payable on 3/30/2018.
  • On 10/24/2017 Reliance Steel & Aluminum announced a Quarterly dividend of $0.45 2.3% with an ex dividend date of 11/16/2017 which will be payable on 12/8/2017.
  • On 7/27/2017 Reliance Steel & Aluminum announced a quarterly dividend of $0.45 2.52% with an ex dividend date of 8/16/2017 which will be payable on 9/8/2017.
  • On 4/27/2017 Reliance Steel & Aluminum announced a quarterly dividend of $0.45 2.24% with an ex dividend date of 5/24/2017 which will be payable on 6/16/2017.
  • On 2/16/2017 Reliance Steel & Aluminum announced a Quarterly dividend of $0.45 with an ex dividend date of 3/8/2017 which will be payable on 3/24/2017.
  • On 10/20/2016 Reliance Steel & Aluminum announced a quarterly dividend of $0.43 2.44% with an ex dividend date of 11/16/2016 which will be payable on 12/16/2016.
  • On 7/21/2016 Reliance Steel & Aluminum announced a quarterly dividend of $0.43 2.23% with an ex dividend date of 8/10/2016 which will be payable on 9/9/2016.

Recent Insider Trading Activity For Reliance Steel & Aluminum (NYSE:RS)
Reliance Steel & Aluminum (NYSE:RS) has insider ownership of 3.18% and institutional ownership of 82.74%.

  • On 3/6/2018 Gregg J Mollins, Insider, sold 30,332 with an average share price of $92.83 per share and the total transaction amounting to $2,815,719.56.
  • On 3/5/2018 Douglas M Hayes, Director, sold 6,000 with an average share price of $93.58 per share and the total transaction amounting to $561,480.00.
  • On 2/28/2018 Thomas W Gimbel, Director, sold 6,000 with an average share price of $92.31 per share and the total transaction amounting to $553,860.00.
  • On 2/21/2018 Andrew G Sharkey III, Director, sold 2,000 with an average share price of $92.70 per share and the total transaction amounting to $185,400.00.
  • On 2/21/2018 James Donald Hoffman, COO, sold 5,000 with an average share price of $92.30 per share and the total transaction amounting to $461,500.00.
  • On 2/20/2018 Gregg J Mollins, CEO, sold 8,990 with an average share price of $94.89 per share and the total transaction amounting to $853,061.10.
  • On 12/8/2017 William A Smith II, SVP, sold 1,123 with an average share price of $82.69 per share and the total transaction amounting to $92,860.87.

Recent Trading Activity for Reliance Steel & Aluminum (NYSE:RS)
Shares of Reliance Steel & Aluminum closed the previous trading session at 87.83 down -1.06 1.19% with shares trading hands.