California State Teachers Retirement System Has $2.55 Million Position in Aerojet Rocketdyne Holdings, Inc. (AJRD)

California State Teachers Retirement System lifted its stake in shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 122,540 shares of the aerospace company’s stock after purchasing an additional 5,192 shares during the quarter. California State Teachers Retirement System owned 0.16% of Aerojet Rocketdyne Holdings worth $2,549,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AJRD. BlackRock Inc. raised its stake in shares of Aerojet Rocketdyne Holdings by 208,237.4% during the 1st quarter. BlackRock Inc. now owns 9,712,688 shares of the aerospace company’s stock valued at $210,766,000 after purchasing an additional 9,708,026 shares during the period. State Street Corp raised its stake in shares of Aerojet Rocketdyne Holdings by 25.4% during the 2nd quarter. State Street Corp now owns 2,139,438 shares of the aerospace company’s stock valued at $44,504,000 after purchasing an additional 433,398 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Aerojet Rocketdyne Holdings by 42.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,440,290 shares of the aerospace company’s stock valued at $29,958,000 after purchasing an additional 427,755 shares during the period. Teachers Advisors LLC raised its stake in shares of Aerojet Rocketdyne Holdings by 422.3% during the 2nd quarter. Teachers Advisors LLC now owns 527,684 shares of the aerospace company’s stock valued at $10,976,000 after purchasing an additional 426,661 shares during the period. Finally, Walthausen & Co. LLC bought a new stake in shares of Aerojet Rocketdyne Holdings during the 2nd quarter valued at $6,984,000. Institutional investors own 92.02% of the company’s stock.

Aerojet Rocketdyne Holdings, Inc. (NYSE AJRD) opened at $29.09 on Friday. The firm has a market capitalization of $2,184.66, a PE ratio of 35.48, a price-to-earnings-growth ratio of 6.30 and a beta of 1.43. The company has a quick ratio of 1.38, a current ratio of 1.66 and a debt-to-equity ratio of 3.94. Aerojet Rocketdyne Holdings, Inc. has a one year low of $17.56 and a one year high of $36.25.

Aerojet Rocketdyne Holdings (NYSE:AJRD) last announced its earnings results on Thursday, November 2nd. The aerospace company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.03). The business had revenue of $484.00 million during the quarter, compared to the consensus estimate of $487.48 million. Aerojet Rocketdyne Holdings had a return on equity of 60.91% and a net margin of 3.24%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. equities analysts predict that Aerojet Rocketdyne Holdings, Inc. will post 0.84 earnings per share for the current fiscal year.

A number of analysts recently issued reports on the company. SunTrust Banks, Inc. reiterated a “buy” rating on shares of Aerojet Rocketdyne Holdings in a research note on Wednesday, September 27th. Zacks Investment Research lowered Aerojet Rocketdyne Holdings from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Jefferies Group LLC lowered Aerojet Rocketdyne Holdings from a “buy” rating to a “hold” rating and set a $35.00 target price on the stock. in a research note on Monday, October 23rd. BidaskClub upgraded Aerojet Rocketdyne Holdings from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 23rd. Finally, CL King upgraded Aerojet Rocketdyne Holdings from a “neutral” rating to a “buy” rating in a research note on Friday, September 22nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $35.33.

In other Aerojet Rocketdyne Holdings news, Director James H. Perry sold 25,001 shares of the company’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $30.00, for a total value of $750,030.00. Following the transaction, the director now directly owns 166,959 shares in the company, valued at approximately $5,008,770. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.70% of the stock is owned by corporate insiders.

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

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