Alcoa Corporation (NYSE:ARNC) is expected to pay $0.09 on Nov 25, 2016. The indicated annual dividend is $0.36. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Alcoa Corporation’s current price of $17.68, the dividend is 0.51%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 24, 2016. The stock increased 1.09% or $0.19 on November 4, hitting $17.68. Arconic Inc (NYSE:ARNC) has risen 150.64% since April 5, 2016 and is uptrending. It has outperformed by 148.68% the S&P500.
Arconic Inc., formerly Alcoa Inc., is engaged in providing materials and engineered products. The company has a market cap of $4.84 billion. The Firm operates through divisions, including Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. It currently has negative earnings. The Firm offers engineered products and solutions, including fastening systems and rings, titanium and engineered products, power and propulsion, and forgings and extrusions.
Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.04, from 1.03 in 2016Q1. The ratio dived, as 47 funds sold all Arconic Inc shares owned while 191 reduced positions. 51 funds bought stakes while 185 increased positions. They now own 775.17 million shares or 3.51% more from 748.92 million shares in 2016Q1.
Sei has 5,119 shares for 0% of their US portfolio. Brave Asset Mngmt Incorporated has 91,007 shares for 0.56% of their US portfolio. Moreover, Carroll Fincl Assoc Inc has 0% invested in Arconic Inc (NYSE:ARNC) for 2,666 shares. Thrivent Fincl For Lutherans holds 0.04% or 794,809 shares in its portfolio. Aberdeen Asset Management Pcl Uk accumulated 1.34 million shares or 0.05% of the stock. Community State Bank Na accumulated 0.01% or 5,559 shares. Moreover, Adams Natural Resources Fund Incorporated has 0.89% invested in Arconic Inc (NYSE:ARNC) for 614,000 shares. Tsp Cap Mngmt Group Ltd holds 666,100 shares or 3.2% of its portfolio. Federated Investors Incorporated Pa holds 0% or 9,046 shares in its portfolio. Piedmont Limited Liability Co last reported 2.65 million shares in the company. Cubic Asset Ltd Com holds 1.86% or 592,170 shares in its portfolio. Oregon Public Employees Retirement Fund has 0.06% invested in the company for 309,813 shares. Peoples Fincl Services holds 0% of its portfolio in Arconic Inc (NYSE:ARNC) for 712 shares. Deere And Com holds 0.09% of its portfolio in Arconic Inc (NYSE:ARNC) for 183,527 shares. Timber Hill Limited Company reported 139,927 shares or 0.01% of all its holdings.
Insider Transactions: Since July 13, 2016, the stock had 5 buys, and 0 selling transactions for $139,828 net activity. TATA RATAN also bought $21,932 worth of Arconic Inc (NYSE:ARNC) on Wednesday, July 13. $21,932 worth of Arconic Inc (NYSE:ARNC) shares were bought by SORRELL MARTIN. SCHMIDT ULRICH bought 5,000 shares worth $52,000.
More notable recent Arconic Inc (NYSE:ARNC) news were published by: Wsj.com which released: “Alcoa Rises, Arconic Slips in Market Debut” on November 01, 2016, also Marketwatch.com with their article: “/quotes/zigman/3870025/realtime” published on November 01, 2016, Businesswire.com published: “Alcoa Inc. Announces Boards of Directors for Future Arconic and Alcoa Corporation” on September 07, 2016. More interesting news about Arconic Inc (NYSE:ARNC) were released by: Marketwatch.com and their article: “Alcoa Inc. board OKs split into Alcoa Corp., Arconic” published on September 29, 2016 as well as Seekingalpha.com‘s news article titled: “Why Alcoa’s Arconic Split Will Not Be An Overnight Success” with publication date: October 24, 2016.
ARNC Company Profile
Arconic Inc., formerly Alcoa Inc., incorporated on September 18, 1888, is engaged in providing materials and engineered products. The Firm operates through divisions, including Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The Company’s engineered products and solutions include fastening systems and rings, titanium and engineered products, power and propulsion, and forgings and extrusions. The Company’s transportation and construction solutions include wheel and transportation products; building and construction systems, and extrusions. The Company’s global rolled products include aerospace and automotive products; Micromill services and products, and brazing, commercial transportation and industrial solutions. The Firm offers a range of aluminum sheet and plate products for the aerospace, automotive, commercial transportation, brazing and industrial markets. The Company’s product portfolio is focused on Arconic Micromill technology.
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