Barclays PLC lifted its holdings in Algoma Steel Group Inc. (NASDAQ:ASTL – Free Report) by 147.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,711 shares of the company’s stock after purchasing an additional 15,305 shares during the period. Barclays PLC’s holdings in Algoma Steel Group were worth $263,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in ASTL. The Manufacturers Life Insurance Company boosted its holdings in Algoma Steel Group by 2.0% during the second quarter. The Manufacturers Life Insurance Company now owns 81,305 shares of the company’s stock worth $563,000 after buying an additional 1,621 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Algoma Steel Group by 13.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 21,188 shares of the company’s stock valued at $217,000 after acquiring an additional 2,481 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Algoma Steel Group by 1.7% during the 2nd quarter. Bank of Montreal Can now owns 364,422 shares of the company’s stock worth $2,536,000 after acquiring an additional 6,154 shares in the last quarter. HITE Hedge Asset Management LLC grew its holdings in shares of Algoma Steel Group by 7.9% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 92,646 shares of the company’s stock worth $948,000 after acquiring an additional 6,803 shares during the last quarter. Finally, GSA Capital Partners LLP raised its position in shares of Algoma Steel Group by 23.5% during the third quarter. GSA Capital Partners LLP now owns 44,757 shares of the company’s stock worth $458,000 after purchasing an additional 8,502 shares during the period. 72.00% of the stock is currently owned by institutional investors.
Algoma Steel Group Trading Up 0.8 %
Shares of NASDAQ ASTL opened at $8.32 on Tuesday. The company has a quick ratio of 1.66, a current ratio of 3.31 and a debt-to-equity ratio of 0.42. Algoma Steel Group Inc. has a 12 month low of $6.67 and a 12 month high of $12.14. The company has a market cap of $872.44 million, a price-to-earnings ratio of -6.55 and a beta of 1.49. The business has a fifty day simple moving average of $9.93 and a 200-day simple moving average of $9.72.
Algoma Steel Group Dividend Announcement
About Algoma Steel Group
Algoma Steel Group Inc produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications.
Featured Articles
- Five stocks we like better than Algoma Steel Group
- How to Choose Top Rated Stocks
- 3 Stocks to Gain From Donald Trump’s External Revenue Service
- The 3 Best Retail Stocks to Shop for in August
- AMD: Loop Capital’s Buy Rating Reinforces Investor Confidence
- What is Put Option Volume?
- Momentum Is Building for Qualcomm to Have a Strong Run in 2025
Want to see what other hedge funds are holding ASTL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Algoma Steel Group Inc. (NASDAQ:ASTL – Free Report).
Receive News & Ratings for Algoma Steel Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Algoma Steel Group and related companies with MarketBeat.com's FREE daily email newsletter.