Analyst Activity – Seaport Global Securities Reiterates Buy on Arconic (NYSE:ARNC)

ME Staff
-
0

Analyst Ratings For Arconic (NYSE:ARNC)

Today, Seaport Global Securities reiterated its Buy rating on Arconic (NYSE:ARNC) with a price target of $32.00.

Some recent analyst ratings include

  • 2/6/2018-Seaport Global Securities Reiterated Rating of Buy.
  • 2/1/2018-Cowen Reiterated Rating of Hold.
  • 1/4/2018-Wells Fargo & Co initiated coverage with a Outperform rating.
  • 10/24/2017-Morgan Stanley Reiterated Rating of Hold.
  • 8/22/2017-Longbow Research Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 7/10/2017-JPMorgan Chase & Co. Upgrade from a “Neutral ” rating to a ” Overweight” rating.

Dividend information for Arconic (NYSE:ARNC)

Arconic (NYSE:ARNC) pays an annual dividend of $0.24 with a yield of 0.91% and an average dividend growth of 0.00% based on a 3 Year Average..

Dividend History for Arconic (NYSE:ARNC)

  • On 1/22/2018 Arconic announced a quarterly dividend of $0.06 0.79% with an ex dividend date of 2/1/2018 which will be payable on 2/25/2018.
  • On 9/20/2017 Arconic announced a quarterly dividend of $0.06 0.92% with an ex dividend date of 11/2/2017 which will be payable on 11/25/2017.
  • On 7/25/2017 Arconic announced a quarterly dividend of $0.06 0.93% with an ex dividend date of 8/2/2017 which will be payable on 8/25/2017.
  • On 2/24/2017 Arconic announced a quarterly dividend of $0.06 0.82% with an ex dividend date of 5/3/2017 which will be payable on 5/25/2017.
  • On 1/17/2017 Arconic announced a quarterly dividend of $0.06 1.16% with an ex dividend date of 2/1/2017 which will be payable on 2/25/2017.
  • On 11/2/2016 Arconic announced a special dividend of $0.09 with an ex dividend date of 11/8/2016 which will be payable on 11/25/2016.

Recent Insider Trading Activity For Arconic (NYSE:ARNC)
Arconic (NYSE:ARNC) has insider ownership of 0.12% and institutional ownership of 74.58%.

  • On 8/15/2017 Patricia F Russo, Director, bought 15,000 with an average share price of $24.57 per share and the total transaction amounting to $368,550.00.
  • On 8/10/2017 Elmer L Doty, Director, bought 6,000 with an average share price of $24.51 per share and the total transaction amounting to $147,060.00.
  • On 8/9/2017 James F Albaugh, Director, bought 5,000 with an average share price of $24.94 per share and the total transaction amounting to $124,700.00.
  • On 5/30/2017 Patrice E Merrin, Director, bought 10,000 with an average share price of $27.17 per share and the total transaction amounting to $271,700.00.
  • On 5/26/2017 Christopher L Ayers, Director, bought 7,325 with an average share price of $27.31 per share and the total transaction amounting to $200,045.75.
  • On 2/24/2017 Associates L.P. Elliott, Major Shareholder, bought 224,001 with an average share price of $29.29 per share and the total transaction amounting to $6,560,989.29.
  • On 2/23/2017 Associates L.P. Elliott, Major Shareholder, bought 192,000 with an average share price of $30.01 per share and the total transaction amounting to $5,761,920.00.

Recent Trading Activity for Arconic (NYSE:ARNC)
Shares of Arconic closed the previous trading session at 26.20 down -0.32 1.21% with 642288 shares trading hands.