Dividend Flows: Metaldyne Performance Group Inc. (NYSE:MPG) shareholders can count on dividends of $0.09 on Dec 9, 2016.

Dividend Flows: Metaldyne Performance Group Inc. (NYSE:MPG) shareholders can count on dividends of $0.09 on Dec 9, 2016.

Metaldyne Performance Group Inc. (NYSE:MPG) is expected to pay $0.09 on Dec 9, 2016. The indicated annual dividend is $0.37. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Metaldyne Performance Group Inc.’s current price of $19.55, the dividend is 0.48%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 4, 2016. The stock increased 1.30% or $0.25 on November 14, hitting $19.55. Metaldyne Performance Group Inc (NYSE:MPG) has risen 23.50% since April 13, 2016 and is uptrending. It has outperformed by 19.57% the S&P500.

Metaldyne Performance Group Inc. provides components for use in engine, transmission and driveline and chassis, suspension, steering and brake component (Safety-Critical) Platforms for the global light, commercial and industrial vehicle markets. The company has a market cap of $1.32 billion. The Firm produces these components using complex metal-forming manufacturing technologies and processes for a customer base of vehicle original equipment manufacturers (OEMs) and Tier I suppliers. It has a 13.46 P/E ratio. The Firm operates through three divisions: HHI, Metaldyne and Grede.

Insitutional Activity: The institutional sentiment increased to 2.15 in 2016 Q2. Its up 0.97, from 1.18 in 2016Q1. The ratio increased, as 5 funds sold all Metaldyne Performance Group Inc shares owned while 15 reduced positions. 9 funds bought stakes while 34 increased positions. They now own 11.09 million shares or 13.96% less from 12.89 million shares in 2016Q1.
Barclays Public Ltd Com last reported 0% of its portfolio in the stock. Albert D Mason has invested 0.22% of its portfolio in Metaldyne Performance Group Inc (NYSE:MPG). The California-based Blackrock Institutional Na has invested 0% in Metaldyne Performance Group Inc (NYSE:MPG). Teacher Retirement Systems Of Texas has 0% invested in the company for 2,387 shares. Blackrock Gp Limited reported 2,832 shares or 0% of all its holdings. Deutsche National Bank & Trust Ag accumulated 0% or 2,328 shares. Moreover, Goldman Sachs Gru Inc has 0% invested in Metaldyne Performance Group Inc (NYSE:MPG) for 16,622 shares. Springbok Mgmt Ltd Llc owns 7,508 shares or 0.01% of their US portfolio. Invesco has 0% invested in the company for 25,676 shares. Ig Inv Mngmt Limited, a Manitoba – Canada-based fund reported 51,623 shares. Credit Suisse Ag has 20,123 shares for 0% of their US portfolio. The New York-based Jpmorgan Chase & has invested 0% in Metaldyne Performance Group Inc (NYSE:MPG). Allianz Asset Ag holds 0% or 37,719 shares in its portfolio. Vanguard Gru accumulated 907,387 shares or 0% of the stock. California State Teachers Retirement last reported 31,527 shares in the company.

Metaldyne Performance Group Inc (NYSE:MPG) Ratings Coverage

Out of 8 analysts covering MPG Office Trust (NYSE:MPG), 1 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 13% are positive. MPG Office Trust has been the topic of 10 analyst reports since October 14, 2015 according to StockzIntelligence Inc. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, October 14. The rating was downgraded by Robert W. Baird on Wednesday, January 27 to “Neutral”. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 4. The stock has “Hold” rating given by Deutsche Bank on Wednesday, November 4. The rating was downgraded by Bank of America to “Neutral” on Tuesday, June 21. The company was downgraded on Wednesday, November 11 by Barclays Capital. RBC Capital Markets downgraded the shares of MPG in a report on Wednesday, June 29 to “Sector Perform” rating. The firm has “Equal Weight” rating by Barclays Capital given on Monday, January 25. The firm has “Neutral” rating by Nomura given on Monday, November 9.

More important recent Metaldyne Performance Group Inc (NYSE:MPG) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Gildan Activewear, Metaldyne Performance Group and PACCAR” on November 14, 2016, also Detroitnews.com published article titled: “American Axle to buy Metaldyne Performance Group”, Prnewswire.com published: “Metaldyne Performance Group Inc. Acquisition May Not Be in the Best Interests …” on November 07, 2016. More interesting news about Metaldyne Performance Group Inc (NYSE:MPG) was released by: Prnewswire.com and their article: “Harwood Feffer LLP Announces Investigation of Metaldyne Performance Group Inc.” with publication date: November 03, 2016.

MPG Company Profile

Metaldyne Performance Group Inc., incorporated on June 9, 2014, provides components for use in engine, transmission and driveline (Powertrain) and chassis, suspension, steering and brake component (Safety-Critical) Platforms for the global light, commercial and industrial vehicle markets. The Firm produces these components using complex metal-forming manufacturing technologies and processes for a customer base of vehicle original equipment manufacturers (OEMs) and Tier I suppliers. The Firm operates through three divisions: HHI, Metaldyne and Grede. The Company’s HHI segment makes metal components for the North American light vehicle market. The Company’s Metaldyne segment makes metal Powertrain products for the global light vehicle markets. The Company’s Grede segment makes cast, machined and assembled components for the light, commercial and industrial (agriculture, construction, mining, rail, wind energy and oil field) vehicle and equipment end-markets.

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