Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) Short Interest Down 12.7% in November

Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD – Get Score) noticed a big lower briefly curiosity in November. As of November thirtieth, there was brief curiosity totalling 2,060,000 shares, a lower of 12.7% from the November fifteenth complete of two,360,000 shares. Based mostly on a mean each day buying and selling quantity, of 561,600 shares, the days-to-cover ratio is presently 3.7 days. Presently, 2.7% of the shares of the corporate are bought brief.

Analysts Set New Value Targets

Individually, StockNews.com started protection on shares of Aerojet Rocketdyne in a report on Wednesday, October twelfth. They set a “maintain” ranking on the inventory.

Hedge Funds Weigh In On Aerojet Rocketdyne

A number of giant buyers have lately added to or diminished their stakes in AJRD. BlackRock Inc. lifted its holdings in shares of Aerojet Rocketdyne by 8.9% within the first quarter. BlackRock Inc. now owns 13,381,966 shares of the aerospace firm’s inventory value $526,579,000 after shopping for an extra 1,095,899 shares within the final quarter. Vanguard Group Inc. elevated its place in Aerojet Rocketdyne by 1.4% throughout the first quarter. Vanguard Group Inc. now owns 8,182,754 shares of the aerospace firm’s inventory valued at $321,991,000 after buying an extra 111,030 shares over the last quarter. State Avenue Corp grew its holdings in shares of Aerojet Rocketdyne by 20.9% within the first quarter. State Avenue Corp now owns 4,135,632 shares of the aerospace firm’s inventory value $162,737,000 after buying an extra 715,758 shares over the last quarter. Gamco Buyers INC. ET AL grew its holdings in shares of Aerojet Rocketdyne by 7.3% within the third quarter. Gamco Buyers INC. ET AL now owns 2,972,837 shares of the aerospace firm’s inventory value $118,884,000 after buying an extra 202,977 shares over the last quarter. Lastly, Nuance Investments LLC lifted its stake in Aerojet Rocketdyne by 119.3% within the first quarter. Nuance Investments LLC now owns 2,351,552 shares of the aerospace firm’s inventory value $92,534,000 after buying an extra 1,279,208 shares throughout the interval. Hedge funds and different institutional buyers personal 94.77% of the corporate’s inventory.

Aerojet Rocketdyne Buying and selling Up 0.8 %

NYSE:AJRD opened at $54.89 on Friday. Aerojet Rocketdyne has a 12 month low of $35.47 and a 12 month excessive of $56.00. The inventory has a market cap of $4.42 billion, a price-to-earnings ratio of 47.32 and a beta of 0.58. The corporate has a 50-day shifting common worth of $49.23 and a 200-day shifting common worth of $44.31. The corporate has a present ratio of 1.25, a fast ratio of 1.25 and a debt-to-equity ratio of 0.56.

Aerojet Rocketdyne (NYSE:AJRD – Get Score) final launched its quarterly earnings knowledge on Tuesday, November 1st. The aerospace firm reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. Aerojet Rocketdyne had a internet margin of 4.40% and a return on fairness of twenty-two.96%. The enterprise had income of $549.80 million throughout the quarter, in comparison with analyst estimates of $558.27 million. Throughout the identical interval final yr, the enterprise earned $0.58 EPS. Aerojet Rocketdyne’s income was up .8% in comparison with the identical quarter final yr. Equities analysts predict that Aerojet Rocketdyne will submit 1.68 EPS for the present yr.

Aerojet Rocketdyne Firm Profile

(Get Score)

Aerojet Rocketdyne Holdings, Inc designs, develops, manufactures, and sells aerospace and protection merchandise and programs in the USA. It operates in two segments, Aerospace and Protection, and Actual Property. The Aerospace and Protection phase gives aerospace and protection merchandise and programs for the USA authorities, together with the Division of Protection, the Nationwide Aeronautics and House Administration, and aerospace and protection prime contractors.

See Additionally

Obtain Information & Scores for Aerojet Rocketdyne Each day – Enter your electronic mail tackle beneath to obtain a concise each day abstract of the most recent information and analysts’ rankings for Aerojet Rocketdyne and associated corporations with MarketBeat.com’s FREE each day electronic mail publication.