One of the most reputable institutional investors in the US, Yousif Capital Management LLC, has made a significant move towards reorganising its portfolio. According to the organisation's most recent filing with the Securities and Exchange Commission (SEC), during the fourth quarter (Q4), it reduced its holdings in shares of Kaiser Aluminum Co. by 13.6 per cent.
After selling 1,745 shares of the industrial goods company's stock over time, the institutional investor now owns 11,079 of those shares. According to its most recent Securities and Exchange Commission filing, Yousif Capital Management LLC held 0.07% of Kaiser Aluminum for $842,000.
Kaiser Aluminum is currently trading at $73.09 after seeing a rise in recent weeks in response to adverse comments from stock experts who have examined their performances and other variables impacting their growth prospects.
Recently, other institutional investors have increased or decreased their holdings in the business. During the second quarter, Point72 Hong Kong Ltd. added a new Kaiser Aluminum stake for around $80,000. During the first quarter, Captrust Financial Advisors increased its stake in Kaiser Aluminum by 76.1 per cent. Captrust Financial Advisors bought another 439 shares during the most recent quarter, for 1,016 shares of the industrial products company's stock, valued at $96,000.
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