Mueller Industries, Inc. (MLI)’s Trend Up, Especially After Today’s Strong Session

September 17, 2017 - By reb123z

Investors sentiment decreased to 1.21 in 2016 Q4. Its down 0.27, from 1.48 in 2016Q3. It fall, as 13 investors sold Mueller Industries, Inc. shares while 49 reduced holdings. 20 funds opened positions while 55 raised stakes. 52.01 million shares or 0.20% more from 51.91 million shares in 2016Q3 were reported.
Rhumbline Advisers holds 0.01% or 106,511 shares. Natl Bank Of Montreal Can owns 0% invested in Mueller Industries, Inc. (NYSE:MLI) for 821 shares. Moreover, Vanguard Group Inc has 0.01% invested in Mueller Industries, Inc. (NYSE:MLI). Metropolitan Life Insur Ny owns 38,114 shares. Blackrock Group stated it has 0.01% of its portfolio in Mueller Industries, Inc. (NYSE:MLI). Keybank National Association Oh accumulated 25,691 shares. 117,251 were accumulated by Citigroup. State Common Retirement Fund reported 76,904 shares. Focused Wealth invested 0.01% of its portfolio in Mueller Industries, Inc. (NYSE:MLI). Prudential reported 0.03% in Mueller Industries, Inc. (NYSE:MLI). Profund Llc holds 18,625 shares. Teachers Retirement Of The State Of Kentucky, Kentucky-based fund reported 22,000 shares. Ubs Asset Management Americas invested in 19,679 shares. Confluence Investment Limited Liability reported 77,447 shares. Duncker Streett And has 0.04% invested in Mueller Industries, Inc. (NYSE:MLI) for 3,000 shares.

Since April 4, 2017, it had 0 buys, and 1 sale for $100,230 activity. 3,000 shares were sold by Martin Jeffrey Andrew, worth $100,230 on Tuesday, April 4.

The stock of Mueller Industries, Inc. (NYSE:MLI) is a huge mover today! The stock increased 4.54% or $1.4 on September 15, reaching $32.25. About 783,646 shares traded or 456.39% up from the average. Mueller Industries, Inc. (NYSE:MLI) has risen 3.10% since September 17, 2016 and is uptrending. It has underperformed by 13.60% the S&P500.
The move comes after 7 months positive chart setup for the $1.86 billion company. It was reported on Sep, 17 by Barchart.com. We have $34.83 PT which if reached, will make NYSE:MLI worth $148.80 million more.

More notable recent Mueller Industries, Inc. (NYSE:MLI) news were published by: Seekingalpha.com which released: “Mueller Industries Building From A Surprisingly Solid Base” on January 10, 2017, also Nasdaq.com with their article: “Mueller Industries, Inc. (MLI) Ex-Dividend Date Scheduled for March 03, 2017” published on March 02, 2017, Seekingalpha.com published: “Mueller? Mueller!” on September 06, 2017. More interesting news about Mueller Industries, Inc. (NYSE:MLI) were released by: Bizjournals.com and their article: “Memphis public company makes acquisitions in Canada” published on June 06, 2017 as well as Bizjournals.com‘s news article titled: “Mueller reports quarterly increases, notes rising copper prices” with publication date: May 01, 2017.

Mueller Industries, Inc. is a manufacturer of copper, brass, aluminum and plastic products. The company has market cap of $1.86 billion. The Firm operates through three divisions: Piping Systems, Industrial Metals and Climate. It has a 18.33 P/E ratio. The Company’s products include copper tube and fittings; line sets; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum impact extrusions; plastic fittings and valves; refrigeration valves and fittings; fabricated tubular products, and steel nipples.

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