The portion of a company's profit allocated to each outstanding share of common stock was $0.51 a share in the trailing twelve months.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company.
Aerojet Rocketdyne Holdings Incorporated (NYSE:AJRD) had a decrease of 0.4% in short interest. (NYSE:AJRD) on Friday, March 31 with "Buy" rating. Aerojet Rocketdyne Holdings had a net margin of 2.00% and a return on equity of 153.06%. The stock increased 1.17% or $0.06 on October 20, reaching $5.19. The total number of shares traded in the last 12 months is 642,440. Teachers Advisors LLC grew its holdings in shares of Aerojet Rocketdyne Holdings by 422.3% during the second quarter. Pinebridge Investments L.P. now owns 9,824 shares of the aerospace company's stock worth $204,000 after purchasing an additional 67 shares during the last quarter. LLC purchased a new position in shares of Aerojet Rocketdyne Holdings during the second quarter worth about $6,984,000. Institutional investors own 93.30% of the company's stock.
Analysts expect Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) had a closing price of $31.92 yesterday. 737,687 shares of the stock were exchanged. $25.67's average target is -21.11% below currents $32.54 stock price. Next quarter's EPS is estimated at $0.30 and the next full year EPS is anticipated to be $1.03. AJRD now has a profit margin of 2.00%. The business had revenue of $459.60 million for the quarter, compared to analysts' expectations of $433.71 million.
These firms have modified their investment in AJRD. The firm's quarterly revenue was up 12.5% compared to the same quarter previous year. BidaskClub upgraded shares of Aerojet Rocketdyne Holdings from a "sell" rating to a "hold" rating in a report on Friday, June 30th.
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A number of equities research analysts have weighed in on AJRD shares.
(NYSE:AJRD) is performing. Aerojet Rocketdyne Holdings, Inc. has had 6 insider trades in the last 3 months, including 6 open market buys and 0 sells. The rating was downgraded by Jefferies to "Hold" on Monday, October 23. Aerojet Rocketdyne Holdings had 6 analyst reports since January 19, 2017 according to SRatingsIntel. (NYSE:AJRD) on Friday, September 22 to "Buy" rating. (NYSE:AJRD) has "Buy" rating given on Friday, September 22 by CL King. The company now has an average rating of "Buy" and an average target price of $29.67.
TRADEMARK VIOLATION WARNING: This report was first reported by Week Herald and is owned by of Week Herald.
GenCorp Inc, incorporated in 1915, is a manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the re-zoning, entitlement, sale, and leasing of its excess real estate assets.
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