Alpha Windward LLC Boosts Position in Reliance Steel & Aluminum Co

Reliance Steel & Aluminum Co

Synovus Fincl Corporation reported 0.01% in Reliance Steel & Aluminum Co (NYSE:RS). (NYSE:RS) last issued its quarterly earnings data on Thursday, July 27th.

04/19/2017 - Longbow Research began new coverage on Reliance Steel & Aluminum Co. giving the company a "neutral" rating. For the quarter, shares have been noted at -7.75%. If AK Steel Holding Corporation (NYSE:AKS) shares can stay above the price resistance around $5.22 a share, that could help propel AK Steel Holding Corporation (NYSE:AKS) higher to the next line of resistance at $5.29 a share. Black Creek Investment Management Inc. owns 3.05 million shares or 9.03% of their U.S. portfolio. Raymond James Financial Services Advisors Inc. now owns 21,887 shares of the basic materials company's stock valued at $144,000 after buying an additional 193 shares in the last quarter. Reliance Steel & Aluminum Co.

Having a peek at growth estimates of the company, AK Steel Holding Corp (NYSE:AKS) has current quarter growth estimates of -81% however it has -35.7% estimations over growth for the next quarter.

07/05/2016 - Reliance Steel & Aluminum Co. had its "neutral" rating reiterated by analysts at Rosenblatt Securities. Westfield Capital Management Co Ltd Partnership holds 0.15% or 428,585 shares. The ratio increased, as 156 investment professionals increased and opened new stock positions, while 104 cut down and sold their stock positions in Ak Steel Holding Corp. The company has market cap of $1.71 billion. The company has a 50 day moving average price of $6.00 and a 200-day moving average price of $6.76.

AK Steel Holding Corp (NYSE:AKS) has grabbed attention from the analysts, when it saw a value increase of 1.95% or 0.1 points in the last trading session to close at $5.24. The Return on Equity ratio of United States Steel Corp. More interesting news about United States Steel Corporation (NYSE:X) were released by: Nasdaq.com and their article: "United States Steel Corporation (X) Ex-Dividend Date Scheduled for August 07, 2017" published on August 04, 2017 as well as Fool.com's news article titled: "Is Management Really to Blame for United State Steel Corp.'s Woes?" with publication date: August 10, 2017. The current consensus recommendation provided by covering analysts is 2.10. Reliance Steel & Aluminum Co. The company had revenue of $2.48 billion for the quarter. During the same quarter in the previous year, the firm earned $1.36 earnings per share. Its sales stood at -1.90% a year on average in the period of last five years. Arizona State Retirement System invested in 0.04% or 32,384 shares. The stock of Sasol Limited (ADR) (NYSE:SSL) earned "Overweight" rating by Morgan Stanley on Wednesday, August 10. The $4.99 level represents at least another 2.92% downside for the stock from its current price. Reliance Steel & Aluminum Co.'s dividend payout ratio is now 40.54%. Reliance Steel had 22 analyst reports since September 8, 2015 according to SRatingsIntel. "(RS) To Go Ex-Dividend on August 16th" was first reported by Week Herald and is the sole property of of Week Herald. If you are accessing this piece on another site, it was stolen and republished in violation of US & global trademark and copyright law. The original version of this piece of content can be viewed at https://rinconhillneighbors.org/2017/08/16/wedge-capital-management-l-l-p-nc-raises-position-in-reliance-steel-aluminum-co-rs.html. BidaskClub downgraded Reliance Steel & Aluminum Co. from a "sell" rating to a "strong sell" rating in a report on Wednesday, June 21st. Jefferies Group LLC reissued a "hold" rating and issued a $77.00 price target (down previously from $80.00) on shares of Reliance Steel & Aluminum Co.in a research note on Friday, April 28th.

03/14/2017 - Reliance Steel & Aluminum Co. was upgraded to "outperform" by analysts at Macquarie. Barclays analysts stated on 03/08/2017 that they maintained their Equal Weight rating. Deutsche Bank maintained Reliance Steel & Aluminum Co (NYSE:RS) rating on Monday, December 5. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. The company now has an average rating of "Hold" and an average target price of $8.06.

Reliance Steel & Aluminum Co.is a metals service center firm in North America. As of December 31, 2016, the Company's network of metals service centers operated over 300 locations in 39 states in the United States and in 12 other countries (Australia, Belgium, Canada, China, France, Malaysia, Mexico, Singapore, South Korea, Turkey, the United Arab Emirates and the United Kingdom).

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