Brandywine Global Investment Management LLC boosted its stake in shares of Global Brass and Copper Holdings, Inc. (NYSE:BRSS) by 10.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,765 shares of the industrial products company’s stock after buying an additional 1,145 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.05% of Global Brass and Copper Holdings worth $360,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. American Century Companies Inc. grew its position in Global Brass and Copper Holdings by 21.9% during the second quarter. American Century Companies Inc. now owns 1,002,943 shares of the industrial products company’s stock valued at $30,640,000 after buying an additional 180,484 shares during the period. AJO LP grew its position in Global Brass and Copper Holdings by 107.0% during the second quarter. AJO LP now owns 168,982 shares of the industrial products company’s stock valued at $5,162,000 after buying an additional 87,337 shares during the period. LSV Asset Management grew its position in Global Brass and Copper Holdings by 12.6% during the second quarter. LSV Asset Management now owns 1,024,836 shares of the industrial products company’s stock valued at $31,308,000 after buying an additional 114,791 shares during the period. Sei Investments Co. grew its position in Global Brass and Copper Holdings by 23.6% during the first quarter. Sei Investments Co. now owns 33,756 shares of the industrial products company’s stock valued at $1,161,000 after buying an additional 6,445 shares during the period. Finally, SG Americas Securities LLC bought a new position in Global Brass and Copper Holdings during the first quarter valued at about $108,000. Institutional investors own 95.64% of the company’s stock.

Global Brass and Copper Holdings, Inc. (BRSS) opened at 33.80 on Wednesday. Global Brass and Copper Holdings, Inc. has a 12 month low of $22.75 and a 12 month high of $39.85. The firm’s 50-day moving average is $31.28 and its 200-day moving average is $31.62. The company has a market cap of $740.36 million, a price-to-earnings ratio of 16.56 and a beta of 0.48.

Global Brass and Copper Holdings (NYSE:BRSS) last released its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.82 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.03. The business had revenue of $377.40 million during the quarter, compared to the consensus estimate of $398.45 million. Global Brass and Copper Holdings had a return on equity of 55.01% and a net margin of 3.10%. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.43 EPS. On average, analysts anticipate that Global Brass and Copper Holdings, Inc. will post $2.66 EPS for the current fiscal year.

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A number of equities analysts have weighed in on BRSS shares. Zacks Investment Research lowered shares of Global Brass and Copper Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. BidaskClub upgraded shares of Global Brass and Copper Holdings from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 28th.

In other Global Brass and Copper Holdings news, Director Martin E. Welch sold 3,708 shares of the business’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $29.08, for a total transaction of $107,828.64. Following the completion of the sale, the director now directly owns 21,686 shares in the company, valued at approximately $630,628.88. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 3.20% of the company’s stock.

Global Brass and Copper Holdings Profile

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.

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

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