Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.
BidaskClub Upgrades Aerojet Rocketdyne Holdings, Inc. (AJRD) to “Buy”
Get Analysts' Upgrades and Downgrades Daily
Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.
Other equities research analysts have also recently issued research reports about the stock. Jefferies Group LLC began coverage on shares of Aerojet Rocketdyne Holdings in a research report on Friday, March 31st. They set a buy rating and a $28.00 price target for the company. Zacks Investment Research upgraded shares of Aerojet Rocketdyne Holdings from a sell rating to a hold rating in a research report on Tuesday, March 21st.
Shares of Aerojet Rocketdyne Holdings (AJRD) opened at 23.22 on Wednesday. The company’s 50-day moving average is $21.50 and its 200 day moving average is $20.76. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 86.00 and a beta of 1.52. Aerojet Rocketdyne Holdings has a 1-year low of $16.04 and a 1-year high of $23.39.
COPYRIGHT VIOLATION WARNING: This article was originally reported by [[site]] and is the sole property of of [[site]]. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international trademark and copyright law. The legal version of this article can be read at [[permalink]].
Large investors have recently modified their holdings of the company. Malaga Cove Capital LLC boosted its stake in shares of Aerojet Rocketdyne Holdings by 0.3% in the second quarter. Malaga Cove Capital LLC now owns 118,351 shares of the aerospace company’s stock valued at $2,474,000 after buying an additional 315 shares in the last quarter. Glen Harbor Capital Management LLC boosted its stake in shares of Aerojet Rocketdyne Holdings by 10.6% in the first quarter. Glen Harbor Capital Management LLC now owns 5,338 shares of the aerospace company’s stock valued at $116,000 after buying an additional 510 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of Aerojet Rocketdyne Holdings by 9.7% in the first quarter. State of Alaska Department of Revenue now owns 8,260 shares of the aerospace company’s stock valued at $179,000 after buying an additional 730 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of Aerojet Rocketdyne Holdings by 1.3% in the first quarter. Teachers Advisors LLC now owns 101,023 shares of the aerospace company’s stock valued at $2,192,000 after buying an additional 1,310 shares in the last quarter. Finally, Mason Street Advisors LLC boosted its stake in shares of Aerojet Rocketdyne Holdings by 14.4% in the first quarter. Mason Street Advisors LLC now owns 17,491 shares of the aerospace company’s stock valued at $380,000 after buying an additional 2,195 shares in the last quarter. Institutional investors own 93.10% of the company’s stock.
Aerojet Rocketdyne Holdings Company Profile
GenCorp Inc, incorporated in 1915, is a manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the re-zoning, entitlement, sale, and leasing of its excess real estate assets. The Company develops and manufactures propulsion systems for defense and space applications, and armaments for precision tactical and long range weapon systems applications.