BlackRock Institutional Trust Company N.A. raised its position in shares of Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) by 0.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,732,658 shares of the company’s stock after buying an additional 12,781 shares during the period. BlackRock Institutional Trust Company N.A. owned 2.69% of Aerojet Rocketdyne Holdings worth $28,381,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Victory Capital Management Inc. increased its stake in shares of Aerojet Rocketdyne Holdings by 30.8% in the fourth quarter. Victory Capital Management Inc. now owns 3,500,633 shares of the company’s stock valued at $54,820,000 after buying an additional 823,471 shares during the period. Royce & Associates LLC increased its stake in shares of Aerojet Rocketdyne Holdings by 1.0% in the fourth quarter. Royce & Associates LLC now owns 789,140 shares of the company’s stock valued at $12,358,000 after buying an additional 7,600 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Aerojet Rocketdyne Holdings by 5.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 540,210 shares of the company’s stock valued at $8,460,000 after buying an additional 29,400 shares during the period. D. E. Shaw & Co. Inc. increased its stake in shares of Aerojet Rocketdyne Holdings by 17.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 507,177 shares of the company’s stock valued at $7,942,000 after buying an additional 75,345 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of Aerojet Rocketdyne Holdings by 2.4% in the fourth quarter. Principal Financial Group Inc. now owns 422,563 shares of the company’s stock valued at $6,617,000 after buying an additional 9,707 shares during the period.
Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) traded up 0.75% on Tuesday, hitting $18.75. 186,613 shares of the company’s stock were exchanged. The company’s market cap is $1.21 billion. Aerojet Rocketdyne Holdings Inc. has a 12-month low of $13.98 and a 12-month high of $23.54. The company’s 50-day moving average price is $18.04 and its 200-day moving average price is $16.82.
Separately, Zacks Investment Research upgraded shares of Aerojet Rocketdyne Holdings from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Tuesday, April 19th.
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. The Company develops and manufactures propulsion systems for defense and space applications, and armaments for precision tactical and long range weapon systems applications.
