Outlook Wealth Advisors LLC Decreases Stock Holdings in Howmet Aerospace Inc. (NYSE:HWM)

Outlook Wealth Advisors LLC cut its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,151 shares of the company’s stock after selling 87 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Howmet Aerospace were worth $1,001,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sendero Wealth Management LLC increased its holdings in shares of Howmet Aerospace by 30.5% in the 4th quarter. Sendero Wealth Management LLC now owns 17,617 shares of the company’s stock worth $1,927,000 after buying an additional 4,119 shares during the last quarter. Burney Co. grew its position in Howmet Aerospace by 35.6% in the fourth quarter. Burney Co. now owns 21,090 shares of the company’s stock worth $2,307,000 after acquiring an additional 5,541 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in Howmet Aerospace by 293.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,030 shares of the company’s stock worth $113,000 after acquiring an additional 768 shares during the last quarter. Park Avenue Securities LLC raised its position in Howmet Aerospace by 150.5% during the fourth quarter. Park Avenue Securities LLC now owns 10,707 shares of the company’s stock valued at $1,171,000 after purchasing an additional 6,433 shares during the period. Finally, Board of the Pension Protection Fund bought a new stake in shares of Howmet Aerospace in the 4th quarter valued at approximately $1,137,000. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on HWM. Barclays boosted their price objective on shares of Howmet Aerospace from $100.00 to $130.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. KeyCorp cut Howmet Aerospace from an “overweight” rating to a “sector weight” rating in a research note on Thursday, October 24th. Susquehanna upped their price target on shares of Howmet Aerospace from $120.00 to $132.00 and gave the stock a “positive” rating in a report on Thursday, November 7th. Royal Bank of Canada boosted their price objective on shares of Howmet Aerospace from $105.00 to $135.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, UBS Group increased their price objective on Howmet Aerospace from $103.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $115.71.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $121.94 on Thursday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.98 and a current ratio of 2.24. Howmet Aerospace Inc. has a one year low of $53.18 and a one year high of $124.15. The firm has a market capitalization of $49.54 billion, a P/E ratio of 46.54, a PEG ratio of 1.56 and a beta of 1.49. The company’s fifty day moving average is $114.16 and its two-hundred day moving average is $100.89.

About Howmet Aerospace

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.