9,912 Shares in Kaiser Aluminum Co. (NASDAQ:KALU) Bought by Leisure Capital Management

Leisure Capital Management bought a new position in shares of Kaiser Aluminum Co. (NASDAQ:KALU) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,912 shares of the industrial products company’s stock, valued at approximately $697,000. Leisure Capital Management owned 0.06% of Kaiser Aluminum as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of KALU. Point72 DIFC Ltd bought a new stake in shares of Kaiser Aluminum during the 3rd quarter valued at about $41,000. KBC Group NV grew its holdings in shares of Kaiser Aluminum by 93.0% during the fourth quarter. KBC Group NV now owns 851 shares of the industrial products company’s stock valued at $60,000 after purchasing an additional 410 shares during the last quarter. nVerses Capital LLC acquired a new stake in shares of Kaiser Aluminum during the 3rd quarter worth approximately $65,000. CWM LLC lifted its holdings in shares of Kaiser Aluminum by 125.3% in the 3rd quarter. CWM LLC now owns 1,282 shares of the industrial products company’s stock worth $93,000 after purchasing an additional 713 shares during the last quarter. Finally, Millburn Ridgefield Corp acquired a new position in Kaiser Aluminum during the 3rd quarter valued at approximately $169,000. 99.29% of the stock is currently owned by institutional investors.

Kaiser Aluminum Price Performance

Shares of NASDAQ KALU opened at $70.00 on Monday. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.60 and a quick ratio of 1.36. The firm has a market capitalization of $1.13 billion, a PE ratio of 24.22 and a beta of 1.34. Kaiser Aluminum Co. has a 1-year low of $60.71 and a 1-year high of $102.42. The business’s fifty day moving average price is $74.23 and its two-hundred day moving average price is $74.40.

Kaiser Aluminum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 24th will be issued a $0.77 dividend. The ex-dividend date is Friday, January 24th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.40%. Kaiser Aluminum’s dividend payout ratio (DPR) is presently 106.57%.

About Kaiser Aluminum

Kaiser Aluminum Corporation, together with its subsidiaries, engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. It offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products.