Aerojet Rocketdyne Holdings Inc. (AJRD) to Release Quarterly Earnings on Tuesday
Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) is set to issue its quarterly earnings data after the market closes on Tuesday, October 11th. Analysts expect the company to announce earnings of $0.33 per share for the quarter.
Shares of Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) opened at 17.62 on Monday. The company’s market capitalization is $1.23 billion. Aerojet Rocketdyne Holdings Inc. has a 12-month low of $13.98 and a 12-month high of $19.50. The company has a 50 day moving average of $17.80 and a 200-day moving average of $17.66.
Large investors have recently bought and sold shares of the company. BlackRock Inc. raised its stake in Aerojet Rocketdyne Holdings by 147.0% in the second quarter. BlackRock Inc. now owns 10,548 shares of the company’s stock valued at $192,000 after buying an additional 6,277 shares during the last quarter. AXA bought a new stake in shares of Aerojet Rocketdyne Holdings during the second quarter worth approximately $329,000. Pacad Investment Ltd. bought a new stake in shares of Aerojet Rocketdyne Holdings during the second quarter worth approximately $342,000. Trexquant Investment LP bought a new stake in shares of Aerojet Rocketdyne Holdings during the second quarter worth approximately $369,000. Finally, Thrivent Financial for Lutherans raised its stake in shares of Aerojet Rocketdyne Holdings by 6.9% in the second quarter. Thrivent Financial for Lutherans now owns 31,540 shares of the company’s stock worth $577,000 after buying an additional 2,040 shares in the last quarter. 94.11% of the stock is currently owned by institutional investors and hedge funds.
Separately, Zacks Investment Research raised shares of Aerojet Rocketdyne Holdings from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Thursday, August 11th.
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.
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