After Today’s Significant Increase, Is Global Brass and Copper Holdings Inc (BRSS)’s Near-Term Analysis Positive?

September 17, 2017 - By Vivian Park

Investors sentiment decreased to 0.94 in Q4 2016. Its down 0.14, from 1.08 in 2016Q3. It fall, as 20 investors sold Global Brass and Copper Holdings Inc shares while 50 reduced holdings. 19 funds opened positions while 47 raised stakes. 20.41 million shares or 0.30% more from 20.35 million shares in 2016Q3 were reported.
Commercial Bank Of Mellon accumulated 111,355 shares. Cornerstone Mngmt Holdg Limited Co holds 149,790 shares or 0.04% of its portfolio. Tudor Et Al reported 15,108 shares. Gotham Asset Mgmt Ltd Liability Corporation has 8,562 shares. Blackrock Advisors Ltd Company stated it has 0% in Global Brass and Copper Holdings Inc (NYSE:BRSS). California Pub Employees Retirement has 51,600 shares. Northwestern Mutual Wealth Mngmt Company owns 35 shares. Wedge Capital Mgmt L Lp Nc stated it has 0.01% in Global Brass and Copper Holdings Inc (NYSE:BRSS). Ajo Limited Partnership has 105,400 shares for 0.01% of their portfolio. Deutsche National Bank & Trust Ag has invested 0% in Global Brass and Copper Holdings Inc (NYSE:BRSS). Connor Clark Lunn Limited invested in 0.01% or 27,329 shares. Goldman Sachs Grp Incorporated reported 32,593 shares. Bogle Investment Mgmt Lp De invested in 0.11% or 44,662 shares. Hancock holds 0.05% or 36,987 shares in its portfolio. Buckhead Cap Management Ltd Company holds 0.06% of its portfolio in Global Brass and Copper Holdings Inc (NYSE:BRSS) for 9,605 shares.

The stock of Global Brass and Copper Holdings Inc (NYSE:BRSS) is a huge mover today! The stock increased 5.02% or $1.5 on September 15, reaching $31.4. About 246,056 shares traded or 156.24% up from the average. Global Brass and Copper Holdings Inc (NYSE:BRSS) has risen 14.72% since September 17, 2016 and is uptrending. It has underperformed by 1.98% the S&P500.
The move comes after 8 months positive chart setup for the $687.80M company. It was reported on Sep, 17 by Barchart.com. We have $33.60 PT which if reached, will make NYSE:BRSS worth $48.15 million more.

Analysts await Global Brass and Copper Holdings Inc (NYSE:BRSS) to report earnings on November, 2. They expect $0.62 EPS, down 12.68 % or $0.09 from last year’s $0.71 per share. BRSS’s profit will be $13.58M for 12.66 P/E if the $0.62 EPS becomes a reality. After $0.82 actual EPS reported by Global Brass and Copper Holdings Inc for the previous quarter, Wall Street now forecasts -24.39 % negative EPS growth.

More notable recent Global Brass and Copper Holdings Inc (NYSE:BRSS) news were published by: Businesswire.com which released: “Global Brass and Copper Holdings, Inc. Reports First Quarter 2017 Financial …” on May 04, 2017, also Marketwatch.com with their article: “31.40” published on May 25, 2013, Seekingalpha.com published: “Global Brass and Copper Holdings’ (BRSS) CEO John Wasz on Q4 2016 Results …” on March 07, 2017. More interesting news about Global Brass and Copper Holdings Inc (NYSE:BRSS) were released by: Businesswire.com and their article: “Global Brass and Copper Holdings, Inc. Announces Completion of Debt Refinancing” published on July 18, 2017 as well as Recyclingtoday.com‘s news article titled: “Global Brass and Copper Holdings says demand for its products did not grow as …” with publication date: August 10, 2017.

Global Brass and Copper Holdings, Inc. is a converter, fabricator, processor and distributor of specialized non-ferrous products, including a range of sheet, strip, foil, rod, tube and fabricated metal component products. The company has market cap of $687.80 million. The Firm operates through three divisions: Olin Brass, Chase Brass and A.J. It has a 15.45 P/E ratio. Oster.

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