2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. lessened its stake in shares of Radius Recycling, Inc. ( NASDAQ:RDUS – Free Report ) by 12.
4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,114 shares of the basic materials company’s stock after selling 23,319 shares during the quarter. Russell Investments Group Ltd.
owned about 0.58% of Radius Recycling worth $2,498,000 at the end of the most recent reporting period. Other large investors also recently made changes to their positions in the company.
Public Employees Retirement System of Ohio boosted its holdings in Radius Recycling by 1.9% in the third quarter. Public Employees Retirement System of Ohio now owns 33,186 shares of the basic materials company’s stock worth $615,000 after acquiring an additional 610 shares in the last quarter.
Inceptionr LLC raised its position in shares of Radius Recycling by 11.2% during the fourth quarter. Inceptionr LLC now owns 18,645 shares of the basic materials company’s stock worth $284,000 after purchasing an additional 1,883 shares during the period.
Wells Fargo & Company MN lifted its holdings in shares of Radius Recycling by 16.5% in the 4th quarter. Wells Fargo & Company MN now owns 20,986 shares of the basic materials company’s stock worth $319,000 after purchasing an additional 2,968 shares in the last quarter.
Victory Capital Management Inc. grew its position in Radius Recycling by 7.0% in the 4th quarter.
Victory Capital Management Inc. now owns 55,850 shares of the basic materials company’s stock valued at $850,000 after purchasing an additional 3,650 shares during the period. Finally, Trium Capital LLP increased its stake in Radius Recycling by 41.
8% during the 4th quarter. Trium Capital LLP now owns 13,320 shares of the basic materials company’s stock valued at $203,000 after purchasing an additional 3,925 shares in the last quarter. 78.
11% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes Separately, StockNews.com initiated coverage on shares of Radius Recycling in a research note on Friday.
They issued a “sell” rating on the stock. Radius Recycling Stock Performance Shares of RDUS opened at $29.11 on Friday.
The firm has a market capitalization of $820.96 million, a P/E ratio of -2.91 and a beta of 1.
07. Radius Recycling, Inc. has a 52 week low of $10.
57 and a 52 week high of $29.20. The stock has a 50 day moving average price of $21.
73 and a two-hundred day moving average price of $18.19. The company has a debt-to-equity ratio of 0.
75, a quick ratio of 0.97 and a current ratio of 2.02.
Radius Recycling ( NASDAQ:RDUS – Get Free Report ) last released its quarterly earnings results on Friday, April 4th. The basic materials company reported ($0.99) EPS for the quarter, beating analysts’ consensus estimates of ($1.
08) by $0.09. The business had revenue of $642.
51 million during the quarter, compared to analyst estimates of $635.94 million. Radius Recycling had a negative return on equity of 14.
16% and a negative net margin of 10.49%. Equities analysts forecast that Radius Recycling, Inc.
will post -3.84 earnings per share for the current fiscal year. Radius Recycling Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th.
Shareholders of record on Monday, April 21st will be paid a $0.1875 dividend. The ex-dividend date is Monday, April 21st.
This represents a $0.75 annualized dividend and a yield of 2.58%.
Radius Recycling’s dividend payout ratio (DPR) is -7.52%. About Radius Recycling ( Free Report ) Radius Recycling, Inc recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide.
The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. Featured Stories Want to see what other hedge funds are holding RDUS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Radius Recycling, Inc. ( NASDAQ:RDUS – Free Report ). Receive News & Ratings for Radius Recycling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Radius Recycling and related companies with MarketBeat.
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