November 25, 2016 - By Marguerite Chambers
Robert Micchelli, Executive of Global Brass & Copper Holdings Inc is the insider, Octafinance want to report transactions for. Mr. Robert submitted a legally required form with the Washington-based SEC making public a sale for 13,000 shares of the public company, the one he is an insider in. At the time of the legal trading deal, the average stock market price per share of Global Brass & Copper Holdings Inc was $30.1, making the total sale worth $390,746 U.S. Dollars. Currently, Robert Micchelli owns 43,479 shares which make up precisely 0.20% of Global Brass & Copper Holdings Inc’s total market cap.
Insitutional Activity: The institutional sentiment decreased to 1.08 in 2016 Q2. Its down 0.19, from 1.27 in 2016Q1. The ratio is negative, as 10 funds sold all Global Brass and Copper Holdings Inc shares owned while 46 reduced positions. 17 funds bought stakes while 54 increased positions. They now own 20.16 million shares or 2.36% less from 20.64 million shares in 2016Q1.
Qs Invsts Limited Liability Corp holds 0.04% or 185,827 shares in its portfolio. Denver Inv Advsrs Ltd Liability, a Colorado-based fund reported 366,512 shares. Parametric Port Assocs Ltd Limited Liability Company has 0.01% invested in the company for 205,498 shares. Brandywine Investment Ltd Liability Co accumulated 0% or 15,800 shares. The Pennsylvania-based Clark Capital Grp has invested 0.04% in Global Brass and Copper Holdings Inc (NYSE:BRSS). Moreover, Allianz Asset Ag has 0.02% invested in Global Brass and Copper Holdings Inc (NYSE:BRSS) for 1.10 million shares. Springbok Capital Management Limited Liability Com accumulated 6,000 shares or 0.02% of the stock. Metropolitan Life has 0% invested in the company for 15,989 shares. The New York-based Blackrock Inc has invested 0% in Global Brass and Copper Holdings Inc (NYSE:BRSS). Tower Research Capital Ltd (Trc) accumulated 0% or 1,291 shares. Morgan Stanley owns 407,815 shares or 0% of their US portfolio. Schwab Charles Investment Mngmt last reported 188,460 shares in the company. Boothbay Fund Mngmt Limited accumulated 7,511 shares or 0.1% of the stock. Mufg Americas owns 165 shares or 0% of their US portfolio. Columbia Prtnrs L L C Invest Management, a Maryland-based fund reported 75,426 shares.
Insider Transactions: Since August 24, 2016, the stock had 0 insider buys, and 7 sales for $1.37 million net activity. $315,685 worth of shares were sold by Micchelli Robert T on Wednesday, September 7. On Thursday, September 8 the insider Hamilton Scott B sold $260,061. $287,500 worth of Global Brass and Copper Holdings Inc (NYSE:BRSS) shares were sold by Denner Devin K. The insider Welch Martin E sold $86,700.
The stock increased 0.49% or $0.15 during the last trading session, hitting $30.85. About 67,802 shares traded hands. Global Brass and Copper Holdings Inc (NYSE:BRSS) has risen 15.15% since April 22, 2016 and is uptrending. It has outperformed by 9.74% the S&P500.
Global Brass and Copper Holdings, Inc. is a converter, fabricator, processor and distributor of specialized non-ferrous products, including a range of sheet, strip, foil, rod, tube and fabricated metal component products. The company has a market cap of $669.00 million. The Firm operates through three divisions: Olin Brass, Chase Brass and A.J. It has a 23.69 P/E ratio. Oster.
According to Zacks Investment Research, “Global Brass & Copper Holdings, Inc. is a converter, fabricator, distributor and processor of copper and brass products primarily in North America. The Company’s product include sheet, strip, foil, rod, tube and fabricated metal component that it sells under the Olin Brass, Chase Brass and A.J. Oster brand names. It also engages in metal melting and casting, rolling, drawing, extruding and stamping to fabricate finished and semi-finished alloy products. The company serves building and housing, munitions, automotive, transportation, coinage, electronics/electrical components, industrial machinery and equipment and general consumer end markets. Global Brass & Copper Holdings, Inc. is headquartered in Schaumburg, United States.”
Analysts await Global Brass and Copper Holdings Inc (NYSE:BRSS) to report earnings on March, 14. They expect $0.41 EPS, up 70.83% or $0.17 from last year’s $0.24 per share. BRSS’s profit will be $8.89M for 18.81 P/E if the $0.41 EPS becomes a reality. After $0.71 actual EPS reported by Global Brass and Copper Holdings Inc for the previous quarter, Wall Street now forecasts -42.25% negative EPS growth.
More notable recent Global Brass and Copper Holdings Inc (NYSE:BRSS) news were published by: Marketwatch.com which released: “Global Brass & Copper upgraded to overweight from sector weight at KeyBanc Capital” on May 25, 2013, also Businesswire.com with their article: “Global Brass and Copper Holdings, Inc. Reports Third Quarter 2016 Financial ..” published on November 03, 2016, Nasdaq.com published: “Global Brass and Copper Holdings, Inc. (BRSS) Ex-Dividend Date Scheduled for ..” on November 08, 2016. More interesting news about Global Brass and Copper Holdings Inc (NYSE:BRSS) were released by: Businesswire.com and their article: “Global Brass and Copper Holdings, Inc. Announces Date and Time for Release of ..” published on October 18, 2016 as well as Quotes.Wsj.com‘s news article titled: “News Global Brass & Copper Holdings Inc.BRSS” with publication date: May 18, 2013.
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