Schwab Charles Investment Management Inc. boosted its stake in Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) by 6.2% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 258,824 shares of the aerospace company’s stock after buying an additional 15,012 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Aerojet Rocketdyne Holdings were worth $5,617,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in Aerojet Rocketdyne Holdings by 208,237.4% in the first quarter. BlackRock Inc. now owns 9,712,688 shares of the aerospace company’s stock valued at $210,766,000 after buying an additional 9,708,026 shares during the period. Vanguard Group Inc. boosted its position in Aerojet Rocketdyne Holdings by 7.9% in the first quarter. Vanguard Group Inc. now owns 3,494,369 shares of the aerospace company’s stock valued at $75,827,000 after buying an additional 255,869 shares during the period. Dimensional Fund Advisors LP boosted its position in Aerojet Rocketdyne Holdings by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,062,980 shares of the aerospace company’s stock valued at $44,766,000 after buying an additional 111,038 shares during the period. Renaissance Technologies LLC boosted its position in Aerojet Rocketdyne Holdings by 17.6% in the first quarter. Renaissance Technologies LLC now owns 1,758,295 shares of the aerospace company’s stock valued at $38,155,000 after buying an additional 263,500 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in Aerojet Rocketdyne Holdings by 32.1% in the first quarter. Bank of New York Mellon Corp now owns 1,012,535 shares of the aerospace company’s stock valued at $21,971,000 after buying an additional 246,070 shares during the period. Institutional investors and hedge funds own 93.41% of the company’s stock.

Aerojet Rocketdyne Holdings, Inc. (AJRD) traded up 0.70% on Monday, reaching $27.41. 141,361 shares of the company traded hands. The company has a market capitalization of $2.04 billion, a PE ratio of 101.52 and a beta of 1.53. Aerojet Rocketdyne Holdings, Inc. has a one year low of $16.04 and a one year high of $27.95. The stock’s 50 day moving average price is $21.94 and its 200 day moving average price is $21.10.

Aerojet Rocketdyne Holdings (NYSE:AJRD) last announced its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $0.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.17. Aerojet Rocketdyne Holdings had a net margin of 2.00% and a return on equity of 153.06%. The company had revenue of $459.60 million for the quarter, compared to the consensus estimate of $433.71 million. During the same period in the prior year, the firm posted $0.09 EPS. Aerojet Rocketdyne Holdings’s revenue for the quarter was up 12.5% on a year-over-year basis. On average, equities research analysts predict that Aerojet Rocketdyne Holdings, Inc. will post $0.86 EPS for the current fiscal year.

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Several research analysts recently weighed in on AJRD shares. BidaskClub upgraded shares of Aerojet Rocketdyne Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 30th. Zacks Investment Research cut shares of Aerojet Rocketdyne Holdings from a “hold” rating to a “strong sell” rating in a report on Thursday, May 11th.

About Aerojet Rocketdyne Holdings

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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Institutional Ownership by Quarter for Aerojet Rocketdyne Holdings (NYSE:AJRD)

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