Northern Trust Corp lifted its holdings in Haynes International, Inc. (NASDAQ:HAYN) by 1.4% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 202,120 shares of the basic materials company’s stock after acquiring an additional 2,767 shares during the quarter. Northern Trust Corp owned 1.63% of Haynes International worth $7,338,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Texas Permanent School Fund lifted its holdings in shares of Haynes International by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 9,132 shares of the basic materials company’s stock worth $332,000 after acquiring an additional 74 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its holdings in shares of Haynes International by 4.6% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,950 shares of the basic materials company’s stock worth $107,000 after acquiring an additional 130 shares during the last quarter. Thrivent Financial For Lutherans lifted its holdings in shares of Haynes International by 3.5% in the 1st quarter. Thrivent Financial For Lutherans now owns 7,010 shares of the basic materials company’s stock worth $267,000 after acquiring an additional 240 shares during the last quarter. TIAA CREF Investment Management LLC lifted its holdings in shares of Haynes International by 0.9% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 33,941 shares of the basic materials company’s stock worth $1,232,000 after acquiring an additional 297 shares during the last quarter. Finally, Teachers Advisors LLC lifted its holdings in shares of Haynes International by 2.9% in the 1st quarter. Teachers Advisors LLC now owns 22,276 shares of the basic materials company’s stock worth $849,000 after acquiring an additional 636 shares during the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Shares of Haynes International, Inc. (NASDAQ HAYN) opened at $33.29 on Friday. The company has a current ratio of 6.15, a quick ratio of 1.96 and a debt-to-equity ratio of 0.03. Haynes International, Inc. has a 1-year low of $28.97 and a 1-year high of $48.37.

HAYN has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Haynes International from a “strong sell” rating to a “hold” rating in a report on Monday, October 30th. J P Morgan Chase & Co restated a “neutral” rating and issued a $26.00 price objective (down from $33.50) on shares of Haynes International in a report on Saturday, July 22nd. Finally, ValuEngine lowered shares of Haynes International from a “hold” rating to a “sell” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $36.50.

COPYRIGHT VIOLATION WARNING: This piece was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another website, it was stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/11/12/northern-trust-corp-acquires-2767-shares-of-haynes-international-inc-hayn.html.

About Haynes International

Haynes International, Inc (Haynes) is a producer of nickel- and cobalt-based alloys in flat product forms, such as sheet, coil and plate forms. The Company also produces its products as seamless and welded tubulars, and in slab, bar, billet and wire forms. It focuses on developing, manufacturing, marketing and distributing alloys, which are sold in the aerospace, chemical processing and industrial gas turbine industries.

Institutional Ownership by Quarter for Haynes International (NASDAQ:HAYN)

Receive News & Stock Ratings for Haynes International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Haynes International Inc. and related stocks with our FREE daily email newsletter.