Global Brass and Copper Holdings Inc (BRSS) Rises A lot Today, Is Now One of The Best Performer

September 17, 2017 - By Darrin Black

Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.14, from 1.08 in 2016Q3. It is negative, as 20 investors sold Global Brass and Copper Holdings Inc shares while 50 reduced holdings. 19 funds opened positions while 47 raised stakes. 20.41 million shares or 0.30% more from 20.35 million shares in 2016Q3 were reported.
1.37M were accumulated by Allianz Asset Mngmt Ag. Piedmont Inv Advsr Ltd Liability Corporation invested in 0% or 33 shares. Moreover, Spark Management Lc has 0.37% invested in Global Brass and Copper Holdings Inc (NYSE:BRSS) for 132,600 shares. Nationwide Fund reported 122,087 shares stake. 19,030 were accumulated by Cornercap Counsel Inc. Tfs Limited Liability reported 8,582 shares. Boston has 0% invested in Global Brass and Copper Holdings Inc (NYSE:BRSS) for 52,218 shares. Swiss Bancshares holds 35,500 shares. Numeric Invsts Ltd Liability holds 81,534 shares. Invesco Limited holds 129,333 shares. Art Advsrs holds 11,800 shares. Clarivest Asset Mngmt Ltd Company holds 0.27% of its portfolio in Global Brass and Copper Holdings Inc (NYSE:BRSS) for 291,895 shares. 165,800 are held by Perritt Capital Management. Smith Asset Limited Partnership holds 0.1% or 98,570 shares in its portfolio. Moreover, Nordea Invest has 0.02% invested in Global Brass and Copper Holdings Inc (NYSE:BRSS).

The stock of Global Brass and Copper Holdings Inc (NYSE:BRSS) is a huge mover today! The stock increased 5.02% or $1.5 on September 15, reaching $31.4. About 246,056 shares traded or 156.24% up from the average. Global Brass and Copper Holdings Inc (NYSE:BRSS) has risen 14.72% since September 17, 2016 and is uptrending. It has underperformed by 1.98% the S&P500.
The move comes after 8 months positive chart setup for the $687.80M company. It was reported on Sep, 17 by Barchart.com. We have $33.60 PT which if reached, will make NYSE:BRSS worth $48.15 million more.

Investors wait Global Brass and Copper Holdings Inc (NYSE:BRSS) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.62 EPS, down $0.09 or 12.68 % from last year’s $0.71 same quarter earnings. This translates into $13.58 million profit for BRSS giving the stock a 12.66 P/E. This is assuming the current $0.62 EPS is accurate. Global Brass and Copper Holdings Inc’s Wall Street analysts see -24.39 % negative EPS growth, taking into account the $0.82 EPS reproted in the previous quarter,

More notable recent Global Brass and Copper Holdings Inc (NYSE:BRSS) news were published by: Marketwatch.com which released: “31.40” on May 25, 2013, also Recyclingtoday.com with their article: “Global Brass and Copper Holdings says demand for its products did not grow as …” published on August 10, 2017, Seekingalpha.com published: “Global Brass and Copper Holdings’ (BRSS) CEO John Wasz on Q4 2016 Results …” on March 07, 2017. More interesting news about Global Brass and Copper Holdings Inc (NYSE:BRSS) were released by: Businesswire.com and their article: “Global Brass and Copper Holdings, Inc. Reports First Quarter 2017 Financial …” published on May 04, 2017 as well as Businesswire.com‘s news article titled: “Global Brass and Copper Holdings, Inc. Announces Completion of Debt Refinancing” with publication date: July 18, 2017.

Global Brass and Copper Holdings, Inc. is a converter, fabricator, processor and distributor of specialized non-ferrous products, including a range of sheet, strip, foil, rod, tube and fabricated metal component products. The company has market cap of $687.80 million. The Firm operates through three divisions: Olin Brass, Chase Brass and A.J. It has a 15.45 P/E ratio. Oster.

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