Andrew Sharkey, Reliance Steel & Aluminum Co. (RS)’s insider Sold 2,000 Shares; RUSHYDRO PJSC AMERICAN DEPOSITARY RECEIP (RSHYY) Shorts Lowered By 12.83%

February 24, 2018 - By Marguerite Chambers

Insider sale totalling $185,400 USD was revealed in a legal report submitted to the DC-based SEC on February 23, 2018. According to which, Andrew Sharkey, the director of Reliance Steel & Aluminum Co also an insider of the corporation had unloaded precisely 2,000 shares – ( at $92.7 per each share ). Andrew Sharkey today owns 19,557 shares or 0.03% of the company’s total market capitalization.

RUSHYDRO PJSC AMERICAN DEPOSITARY RECEIP (OTCMKTS:RSHYY) had a decrease of 12.83% in short interest. RSHYY’s SI was 23,100 shares in February as released by FINRA. Its down 12.83% from 26,500 shares previously. With 22,800 avg volume, 1 days are for RUSHYDRO PJSC AMERICAN DEPOSITARY RECEIP (OTCMKTS:RSHYY)’s short sellers to cover RSHYY’s short positions. It closed at $1.36 lastly. It is down 0.00% since February 24, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 9 analysts covering Reliance Steel (NYSE:RS), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Reliance Steel has $107.0 highest and $31 lowest target. $97.20’s average target is 5.32% above currents $92.29 stock price. Reliance Steel had 38 analyst reports since September 8, 2015 according to SRatingsIntel. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) has “Buy” rating given on Tuesday, September 5 by Bank of America. As per Wednesday, March 23, the company rating was downgraded by Deutsche Bank. The company was maintained on Tuesday, May 30 by Jefferies. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, January 10. The rating was maintained by Cowen & Co with “Buy” on Thursday, August 31. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) earned “Buy” rating by Jefferies on Wednesday, September 16. The firm has “Buy” rating given on Tuesday, October 20 by Deutsche Bank. KeyBanc Capital Markets maintained Reliance Steel & Aluminum Co. (NYSE:RS) rating on Monday, September 18. KeyBanc Capital Markets has “Buy” rating and $80.0 target. The firm has “Buy” rating given on Wednesday, September 27 by KeyBanc Capital Markets. Jefferies maintained Reliance Steel & Aluminum Co. (NYSE:RS) on Thursday, July 6 with “Hold” rating.

The stock increased 1.01% or $0.92 during the last trading session, reaching $92.29. About 212,469 shares traded. Reliance Steel & Aluminum Co. (NYSE:RS) has risen 0.13% since February 24, 2017 and is uptrending. It has underperformed by 16.57% the S&P500.

Reliance Steel & Aluminum Co. operates as a metals service center company. The company has market cap of $6.70 billion. The firm provides metals processing services and distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. It has a 11.07 P/E ratio. The Company’s primary processing services comprise cutting, leveling, sawing, machining, and electro polishing.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.27, from 1.23 in 2017Q2. It dived, as 32 investors sold Reliance Steel & Aluminum Co. shares while 105 reduced holdings. 31 funds opened positions while 101 raised stakes. 59.07 million shares or 1.45% less from 59.94 million shares in 2017Q2 were reported. Victory Mngmt reported 0.59% stake. Argent Ltd Liability reported 0.01% in Reliance Steel & Aluminum Co. (NYSE:RS). Prelude Cap Ltd Llc stated it has 0% in Reliance Steel & Aluminum Co. (NYSE:RS). 31,121 were reported by Vident Inv Advisory Ltd. 43,144 are owned by Alliancebernstein Limited Partnership. Ahl Ptnrs Limited Liability Partnership accumulated 176,392 shares. Texas Permanent School Fund has invested 0.05% in Reliance Steel & Aluminum Co. (NYSE:RS). Mackenzie Financial holds 186,268 shares or 0.08% of its portfolio. Fmr Ltd Liability Co has invested 0% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). Bank Of America De owns 433,056 shares for 0.01% of their portfolio. Morgan Stanley reported 191,325 shares. Ngam Advisors Limited Partnership holds 0.12% or 149,856 shares. Jfs Wealth Advsr Ltd Liability Co accumulated 500 shares or 0.01% of the stock. Amalgamated Financial Bank has invested 0.03% in Reliance Steel & Aluminum Co. (NYSE:RS). Focused Wealth Management reported 900 shares.

Since December 8, 2017, it had 0 insider purchases, and 2 selling transactions for $945,922 activity. $853,061 worth of Reliance Steel & Aluminum Co. (NYSE:RS) was sold by MOLLINS GREGG J on Tuesday, February 20. Another trade for 1,123 shares valued at $92,861 was made by Smith William A II on Friday, December 8.

Analysts await Reliance Steel & Aluminum Co. (NYSE:RS) to report earnings on April, 26. They expect $1.99 EPS, up 30.92% or $0.47 from last year’s $1.52 per share. RS’s profit will be $144.49M for 11.59 P/E if the $1.99 EPS becomes a reality. After $1.22 actual EPS reported by Reliance Steel & Aluminum Co. for the previous quarter, Wall Street now forecasts 63.11% EPS growth.

Public Joint-Stock Company Federal Hydro-Generating Company – RusHydro, together with its subsidiaries, generates, transmits, distributes, and sells electricity and heat energy in Russia. The company has market cap of $5.94 billion. It generates power through approximately 90 renewable energy source facilities, including hydropower, wind power, and geo-thermal generation facility. It has a 4.53 P/E ratio. The firm has an installed electricity generation capacity of 38.9 GW.

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