James Investment Research Inc. Has $1.12 Million Holdings in Global Brass and Copper Holdings Inc (NYSE:BRSS)

James Investment Research Inc. boosted its holdings in shares of Global Brass and Copper Holdings Inc (NYSE:BRSS) by 5.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,560 shares of the industrial products company’s stock after buying an additional 1,540 shares during the quarter. James Investment Research Inc. owned approximately 0.15% of Global Brass and Copper worth $1,121,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Global Brass and Copper by 0.4% in the fourth quarter. BlackRock Inc. now owns 1,869,271 shares of the industrial products company’s stock worth $47,012,000 after purchasing an additional 8,179 shares during the period. American Century Companies Inc. boosted its position in shares of Global Brass and Copper by 28.0% in the fourth quarter. American Century Companies Inc. now owns 1,105,193 shares of the industrial products company’s stock worth $27,796,000 after purchasing an additional 241,881 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Global Brass and Copper by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 960,820 shares of the industrial products company’s stock worth $24,165,000 after purchasing an additional 11,844 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Global Brass and Copper by 1.7% in the third quarter. JPMorgan Chase & Co. now owns 732,011 shares of the industrial products company’s stock worth $27,011,000 after purchasing an additional 12,196 shares during the period. Finally, FMR LLC boosted its position in shares of Global Brass and Copper by 51.8% in the fourth quarter. FMR LLC now owns 587,556 shares of the industrial products company’s stock worth $14,777,000 after purchasing an additional 200,508 shares during the period. Institutional investors own 93.88% of the company’s stock.

Shares of BRSS traded up $0.09 during mid-day trading on Wednesday, reaching $43.22. The stock had a trading volume of 218,700 shares, compared to its average volume of 287,580. The firm has a market cap of $945.30 million, a P/E ratio of 13.85 and a beta of 1.21. Global Brass and Copper Holdings Inc has a 12 month low of $24.06 and a 12 month high of $44.08. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.27 and a quick ratio of 1.97.

Global Brass and Copper (NYSE:BRSS) last posted its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $0.66 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.80 by ($0.14). Global Brass and Copper had a return on equity of 34.25% and a net margin of 3.50%. Equities analysts anticipate that Global Brass and Copper Holdings Inc will post 2.6 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Monday, May 13th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Friday, May 10th. Global Brass and Copper’s dividend payout ratio (DPR) is presently 11.54%.

BRSS has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Global Brass and Copper from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 6th. ValuEngine upgraded shares of Global Brass and Copper from a “sell” rating to a “hold” rating in a research report on Monday, February 4th.

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Global Brass and Copper Profile

Global Brass and Copper Holdings, Inc converts, fabricates, processes, and distributes specialized non-ferrous products in the United States, the Asia Pacific, and Mexico. It operates in three segments: Olin Brass, Chase Brass, and A.J. Oster. The Olin Brass segment manufactures, fabricates, and converts specialized copper and brass sheets, strips, foils, tubes, and fabricated products; and rerolls and forms other alloys, such as stainless steel, carbon steel, and aluminum.

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Institutional Ownership by Quarter for Global Brass and Copper (NYSE:BRSS)

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