Ferroglobe Plc Os (GSM) Holdings Up in Latest Report from Dimensional Fund Advisors Lp


Ferroglobe Plc Os (NASDAQ:GSM).

Dimensional Fund Advisors Lp says it bought 109,552 shares in quarter ending 09/30/2017 increasing its exposure to Ferroglobe Plc Os by 2.6%. Its stake was worth $55,922,000 an increase of 13.0% as of quarter end.

Here are a few institutional investors who have updated their positions. As of the end of the quarter Formula Growth Ltd had sold a total of 608,300 shares trimming its holdings by 59.3%. The value in dollars went from $12,262,000 to $5,498,000 a change of $6,764,000 since the last quarter. Wellington Management Group Llp bolstered its ownership by buying 15,606 shares an increase of 188.7% in the quarter. Wellington Management Group Llp now holds 23,876 shares worth $314,000. The value of the position overall is up by 217.2%.

Pacad Investment Ltd. expanded its investment by buying 3,192 shares an increase of 395.0%. Pacad Investment Ltd. owns 4,000 shares valued at $53,000. The total value of its holdings increased 562.5%.

Equity analyst Stifel Nicolaus raised the price target of the stock on October 26 changing the price objective from $19.00 to $22.00 and issued a “Buy” recommendation. Stifel Nicolaus released a research note on GSM and giving a rating of “Buy” and setting a price target of $19.00.

On October 5, 2017 Jefferies Group LLC updated guidance on GSM with a rating of “Buy” and price target of $17.00. September 18 investment analysts at Jefferies Group LLC reiterated a “Buy” rating on the stock.

On September 3, 2017 Stifel Nicolaus maintained a “Buy” rating on the company. August 31 investment analysts at Jefferies Group LLC held the stock rating at “Buy” projecting a price of $16.75.

The company is now down from yesterday’s close of 14.95. The most current P/E ratio is N/A and market capitalization is 2.53B. As of the last earnings report the EPS was $-1.58 with 73.76M shares outstanding.

Short traders are more bearish on shares of Ferroglobe Plc Os of late if you look at the motion in short interest. The firm realized a rise in short interest of 57.76% as of October 13, 2017 from the last reporting period. Short shares increased from 1,832,801 to 2,891,448 over that period. With short interest at 2,891,448 and short average daily volume at 839,473, days to cover is 3.0 and the short interest percentage is 0.04% as of October 13.