Dreman Value Management Has Increased Its Reliance Steel Aluminum Common Stock Npv (RS) Stake; Parallax Volatility Advisers LP Decreased Its Blackberry LTD (Put) (BBRY) Holding

May 12, 2018 - By wolcottdaily

Reliance Steel & Aluminum Co. (NYSE:RS) Logo

Parallax Volatility Advisers Lp decreased Blackberry Ltd (Put) (BBRY) stake by 53.19% reported in 2017Q4 SEC filing. Parallax Volatility Advisers Lp sold 798,400 shares as Blackberry Ltd (Put) (BBRY)’s stock 0.00%. The Parallax Volatility Advisers Lp holds 702,700 shares with $7.85 million value, down from 1.50M last quarter. Blackberry Ltd (Put) now has $ valuation. The stock increased 0.70% or $0.08 during the last trading session, reaching $11.57. About 8.26M shares traded or Infinity% up from the average. BlackBerry Limited (NASDAQ:BBRY) has 0.00% since May 12, 2017 and is . It has underperformed by 11.55% the S&P500.

Dreman Value Management Llc increased Reliance Steel Aluminum Common Stock Npv (RS) stake by 1714.79% reported in 2017Q4 SEC filing. Dreman Value Management Llc acquired 4,407 shares as Reliance Steel Aluminum Common Stock Npv (RS)’s stock declined 2.39%. The Dreman Value Management Llc holds 4,664 shares with $400,000 value, up from 257 last quarter. Reliance Steel Aluminum Common Stock Npv now has $6.65 billion valuation. The stock decreased 0.20% or $0.18 during the last trading session, reaching $91.9. About 239,719 shares traded. Reliance Steel & Aluminum Co. (NYSE:RS) has risen 8.18% since May 12, 2017 and is uptrending. It has underperformed by 3.37% the S&P500.

Among 22 analysts covering Blackberry (NASDAQ:BBRY), 2 have Buy rating, 4 Sell and 16 Hold. Therefore 9% are positive. Blackberry had 58 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, June 26 by Wells Fargo. RBC Capital Markets maintained BlackBerry Limited (NASDAQ:BBRY) on Monday, December 14 with “Sector Perform” rating. The firm has “Hold” rating given on Thursday, June 15 by RBC Capital Markets. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, December 21. The stock of BlackBerry Limited (NASDAQ:BBRY) earned “Neutral” rating by M Partners on Friday, December 18. UBS maintained the shares of BBRY in report on Monday, September 28 with “Neutral” rating. As per Friday, September 4, the company rating was maintained by S&P Research. Raymond James upgraded the stock to “Outperform” rating in Friday, August 12 report. The rating was maintained by Goldman Sachs with “Sell” on Thursday, September 29. BMO Capital Markets maintained BlackBerry Limited (NASDAQ:BBRY) on Wednesday, September 27 with “Hold” rating.

Parallax Volatility Advisers Lp increased Worthington Inds Inc (NYSE:WOR) stake by 8,041 shares to 8,156 valued at $359,000 in 2017Q4. It also upped Match Group Inc (Put) stake by 136,100 shares and now owns 146,000 shares. Netease Inc (Put) (NASDAQ:NTES) was raised too.

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.11, from 0.96 in 2017Q3. It increased, as 30 investors sold RS shares while 100 reduced holdings. 42 funds opened positions while 97 raised stakes. 58.59 million shares or 0.81% less from 59.07 million shares in 2017Q3 were reported. Pitcairn holds 4,444 shares or 0.04% of its portfolio. Ls Inv Advsrs stated it has 0.02% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). New Mexico Educational Retirement Board holds 18,075 shares. Eagle Asset Management reported 162,260 shares stake. 120,688 are held by Manufacturers Life Insur Com The. Neuberger Berman Grp Ltd Llc invested 0% in Reliance Steel & Aluminum Co. (NYSE:RS). Tdam Usa Inc stated it has 23,064 shares or 0.11% of all its holdings. Bluecrest Mgmt Ltd invested in 0.01% or 4,835 shares. Voya Investment Mgmt Ltd Liability Corp holds 42,027 shares or 0.01% of its portfolio. Comerica Bancorp has invested 0.04% in Reliance Steel & Aluminum Co. (NYSE:RS). Laurion Mngmt Lp holds 23,831 shares or 0.01% of its portfolio. Ngam Limited Partnership invested 0.1% in Reliance Steel & Aluminum Co. (NYSE:RS). Cadence Cap Management Ltd Liability Com holds 0.04% or 7,915 shares in its portfolio. Barclays Public Limited Company stated it has 0% in Reliance Steel & Aluminum Co. (NYSE:RS). Jennison Associates Limited Liability Corp has invested 0.02% in Reliance Steel & Aluminum Co. (NYSE:RS).

Among 10 analysts covering Reliance Steel (NYSE:RS), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Reliance Steel had 40 analyst reports since September 8, 2015 according to SRatingsIntel. Jefferies maintained Reliance Steel & Aluminum Co. (NYSE:RS) on Wednesday, September 16 with “Buy” rating. The rating was maintained by Cowen & Co with “Buy” on Thursday, January 4. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, February 15. Cowen & Co maintained Reliance Steel & Aluminum Co. (NYSE:RS) on Friday, February 16 with “Buy” rating. Jefferies maintained it with “Hold” rating and $72.0 target in Wednesday, August 30 report. The firm has “Buy” rating by Cowen & Co given on Thursday, August 31. The firm has “Buy” rating by Bank of America given on Monday, January 8. Bank of America downgraded Reliance Steel & Aluminum Co. (NYSE:RS) on Tuesday, April 19 to “Underperform” rating. As per Tuesday, May 23, the company rating was upgraded by Bank of America. On Tuesday, October 20 the stock rating was initiated by Deutsche Bank with “Buy”.

Dreman Value Management Llc decreased Allstate Corporation (NYSE:ALL) stake by 3,286 shares to 12,237 valued at $1.28 million in 2017Q4. It also reduced Discover Financial Services Common Stock U (NYSE:DFS) stake by 14,264 shares and now owns 494 shares. First American Financial (NYSE:FAF) was reduced too.

Since December 8, 2017, it had 0 insider purchases, and 7 insider sales for $5.52 million activity. Another trade for 8,990 shares valued at $853,061 was sold by MOLLINS GREGG J. GIMBEL THOMAS W had sold 6,000 shares worth $553,860. HAYES DOUGLAS M also sold $561,480 worth of Reliance Steel & Aluminum Co. (NYSE:RS) shares. HOFFMAN JAMES DONALD sold 5,000 shares worth $461,500. Smith William A II sold $92,861 worth of stock. Sharkey Andrew G III sold $185,400 worth of stock or 2,000 shares.

Another recent and important Reliance Steel & Aluminum Co. (NYSE:RS) news was published by Globenewswire.com which published an article titled: “Report: Exploring Fundamental Drivers Behind Reliance Steel & Aluminum, Goldman Sachs BDC, IBERIABANK …” on May 04, 2018.

Reliance Steel & Aluminum Co. (NYSE:RS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 wolcottdaily

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: