Materion Corporation (NYSE:MTRN) is expected to pay $0.10 on Nov 24, 2016. The indicated annual dividend is $0.38. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Materion Corporation’s current price of $31.25, the dividend is 0.30%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 27, 2016. The stock increased 2.80% or $0.85 on November 4, hitting $31.25. Materion Corp (NYSE:MTRN) has risen 25.35% since April 5, 2016 and is uptrending. It has outperformed by 23.39% the S&P500.
Materion Corporation is a holding company. The company has a market cap of $623.06 million. The Firm is an integrated producer of engineered materials used in a range of electrical, electronic, thermal and structural applications. It has a 24.6 P/E ratio. The Company’s products are sold in markets, including consumer electronics, industrial components, medical, automotive electronics, energy, telecommunications infrastructure, defense and commercial aerospace.
Insitutional Activity: The institutional sentiment increased to 1.48 in Q2 2016. Its up 0.19, from 1.29 in 2016Q1. The ratio improved, as 11 funds sold all Materion Corp shares owned while 37 reduced positions. 18 funds bought stakes while 53 increased positions. They now own 17.84 million shares or 0.83% more from 17.69 million shares in 2016Q1.
Pnc Service Grp Incorporated last reported 0% of its portfolio in the stock. Teachers last reported 34,554 shares in the company. Creative Planning holds 0% of its portfolio in Materion Corp (NYSE:MTRN) for 100 shares. Voya Inv Lc has 0% invested in the company for 36,777 shares. Axa owns 55,700 shares or 0.01% of their US portfolio. Moreover, Nwq Inv Management Communication Llc has 0.87% invested in Materion Corp (NYSE:MTRN) for 2.04 million shares. Vanguard Group last reported 1.67M shares in the company. Texas Permanent School Fund has invested 0.01% of its portfolio in Materion Corp (NYSE:MTRN). New York State Teachers Retirement System reported 77,542 shares or 0.01% of all its holdings. Eqis Management reported 8,953 shares or 0.02% of all its holdings. Teachers Retirement Systems Of The State Of Kentucky has invested 0% of its portfolio in Materion Corp (NYSE:MTRN). Morgan Stanley, a New York-based fund reported 95,932 shares. Brandywine Global Investment Management Lc holds 7,700 shares or 0% of its portfolio. Barclays Public Limited Company holds 0% of its portfolio in Materion Corp (NYSE:MTRN) for 405 shares. Moreover, Inv Counselors Of Maryland Ltd Llc has 0.68% invested in Materion Corp (NYSE:MTRN) for 498,750 shares.
Materion Corp (NYSE:MTRN) Ratings Coverage
Out of 3 analysts covering Materion (NYSE:MTRN), 0 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 0 are positive. Materion has been the topic of 4 analyst reports since August 27, 2015 according to StockzIntelligence Inc. Stifel Nicolaus downgraded the stock to “Hold” rating in Thursday, April 7 report. The firm earned “Not Rated” rating on Thursday, November 3 by Wm Smith. The stock of Materion Corp (NYSE:MTRN) earned “Hold” rating by Jefferies on Wednesday, January 13. The company was upgraded on Thursday, August 27 by Stifel Nicolaus.
More important recent Materion Corp (NYSE:MTRN) news were published by: Crainscleveland.com which released: “Materion Corp. in talks to acquire part of Germany-based Heraeus Group” on May 12, 2016, also Crainscleveland.com published article titled: “Growth is next on the agenda at Materion Corp.”, Cleveland.com published: “Brush Engineered Materials plans to change its name to Materion Corp. in March” on January 17, 2011. More interesting news about Materion Corp (NYSE:MTRN) was released by: Reuters.com and their article: “BRIEF-Materion Corp says entered amendment to precious metals consignment …” with publication date: October 06, 2016.
MTRN Company Profile
Materion Corporation, incorporated on February 1, 2000, is a holding company. The Firm is an integrated producer of engineered materials used in a range of electrical, electronic, thermal and structural applications. The Company’s products are sold in markets, including consumer electronics, industrial components, medical, automotive electronics, energy, telecommunications infrastructure, defense and commercial aerospace. The Company’s divisions include Performance Alloys and Composites, Advanced Materials and Other. The Company, through its subsidiaries, has activities in the United States, Europe and Asia.
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