Foundry Partners LLC raised its position in shares of Global Brass and Copper Holdings Inc. (NYSE:BRSS) by 5.1% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 226,311 shares of the company’s stock after buying an additional 10,949 shares during the period. Foundry Partners LLC owned 1.05% of Global Brass and Copper Holdings worth $6,538,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Global Brass and Copper Holdings by 1.7% in the second quarter. Vanguard Group Inc. now owns 1,969,363 shares of the company’s stock worth $53,745,000 after buying an additional 32,475 shares during the last quarter. Allianz Asset Management AG raised its position in shares of Global Brass and Copper Holdings by 4.8% in the second quarter. Allianz Asset Management AG now owns 1,102,243 shares of the company’s stock worth $30,081,000 after buying an additional 50,241 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Global Brass and Copper Holdings by 10.8% in the second quarter. JPMorgan Chase & Co. now owns 922,342 shares of the company’s stock worth $25,171,000 after buying an additional 89,700 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its position in shares of Global Brass and Copper Holdings by 10.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 743,835 shares of the company’s stock worth $20,299,000 after buying an additional 68,518 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Global Brass and Copper Holdings by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 658,501 shares of the company’s stock worth $17,969,000 after buying an additional 37,462 shares during the last quarter. 94.95% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Global Brass and Copper Holdings (NYSE:BRSS)

Global Brass and Copper Holdings Inc. (NYSE:BRSS) opened at 28.80 on Friday. The company has a market capitalization of $622.51 million, a price-to-earnings ratio of 22.14 and a beta of 0.47. Global Brass and Copper Holdings Inc. has a 12 month low of $18.65 and a 12 month high of $31.20. The firm has a 50-day moving average price of $28.86 and a 200-day moving average price of $28.12.

The business also recently declared a dividend, which will be paid on Monday, November 28th. Investors of record on Monday, November 14th will be paid a $0.0375 dividend. The ex-dividend date is Wednesday, November 9th. Global Brass and Copper Holdings’s dividend payout ratio (DPR) is currently 11.54%.

Separately, Zacks Investment Research lowered Global Brass and Copper Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, November 9th.

In related news, insider Devin K. Denner sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The stock was sold at an average price of $28.75, for a total value of $287,500.00. Following the completion of the sale, the insider now directly owns 13,747 shares in the company, valued at $395,226.25. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Martin E. Welch sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $28.90, for a total value of $86,700.00. Following the completion of the sale, the director now owns 21,984 shares of the company’s stock, valued at $635,337.60. The disclosure for this sale can be found here. 2.80% of the stock is owned by corporate insiders.

About Global Brass and Copper Holdings

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 operates through three segments: Olin Brass, Chase Brass and A.J. Oster.

5 Day Chart for NYSE:BRSS

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