Worthington Industries Inc. (NYSE:WOR) reached a new 52-week high on Monday . The stock traded as high as $44.30 and last traded at $44.05, with a volume of 194,164 shares traded. The stock had previously closed at $43.67.

Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Worthington Industries from a “sell” rating to a “hold” rating in a report on Wednesday, March 23rd. TheStreet upgraded shares of Worthington Industries from a “hold” rating to a “buy” rating in a report on Tuesday, March 22nd. JPMorgan Chase & Co. reiterated a “hold” rating on shares of Worthington Industries in a report on Thursday, June 30th. Finally, Jefferies Group reiterated a “hold” rating on shares of Worthington Industries in a report on Thursday, June 30th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Worthington Industries currently has an average rating of “Hold” and a consensus price target of $37.00.

The company has a market cap of $2.75 billion and a price-to-earnings ratio of 20.16. The company has a 50 day moving average price of $39.60 and a 200 day moving average price of $34.65.

Worthington Industries (NYSE:WOR) last announced its quarterly earnings results on Wednesday, June 29th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.28. During the same quarter in the previous year, the business earned $0.52 earnings per share. The company had revenue of $714.70 million for the quarter. The company’s revenue was down 15.5% compared to the same quarter last year. Equities research analysts predict that Worthington Industries Inc. will post $2.89 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 29th. Investors of record on Thursday, September 15th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.79%. This is an increase from Worthington Industries’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Tuesday, September 13th.

In related news, VP Dale T. Brinkman sold 4,188 shares of Worthington Industries stock in a transaction that occurred on Thursday, July 7th. The shares were sold at an average price of $42.10, for a total transaction of $176,314.80. Following the sale, the vice president now directly owns 57,336 shares of the company’s stock, valued at approximately $2,413,845.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Catherine M. Lyttle sold 3,750 shares of Worthington Industries stock in a transaction that occurred on Wednesday, July 6th. The shares were sold at an average price of $42.37, for a total transaction of $158,887.50. Following the sale, the vice president now directly owns 25,488 shares in the company, valued at $1,079,926.56. The disclosure for this sale can be found here.

A number of large investors have bought and sold shares of the company. State Board of Administration of Florida Retirement System raised its stake in Worthington Industries by 0.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 42,591 shares of the company’s stock worth $1,284,000 after buying an additional 130 shares during the last quarter. California State Teachers Retirement System raised its stake in Worthington Industries by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 89,007 shares of the company’s stock worth $2,683,000 after buying an additional 1,416 shares during the last quarter. New York State Common Retirement Fund raised its stake in Worthington Industries by 3.9% in the fourth quarter. New York State Common Retirement Fund now owns 45,500 shares of the company’s stock worth $1,371,000 after buying an additional 1,700 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Worthington Industries by 5.6% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 61,731 shares of the company’s stock worth $1,861,000 after buying an additional 3,257 shares during the last quarter. Finally, California Public Employees Retirement System raised its stake in Worthington Industries by 2.5% in the fourth quarter. California Public Employees Retirement System now owns 193,200 shares of the company’s stock worth $5,823,000 after buying an additional 4,800 shares during the last quarter.

Worthington Industries, Inc is a diversified metals manufacturing company. The Company’s segments include Steel Processing, Pressure Cylinders, Engineered Cabs and Other. The Company’s Steel Processing segment consists of the Worthington Steel business unit, Precision Specialty Metals, Inc and Worthington Steelpac Systems, LLC and also includes two consolidated joint ventures: Spartan Steel Coating, LLC, which operates a cold-rolled hot dipped galvanizing line in Monroe, Michigan, and TWB Company, LLC., which operates a laser welded blank business.

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