Argus Research Upgrades Alcoa (WBAG:ALCA)

Fintel reports that on October 23, 2024, Argus Research upgraded their outlook for Alcoa (WBAG:ALCA) from Hold to Buy.

What is the Fund Sentiment?

There are 889 funds or institutions reporting positions in Alcoa. This is an increase of 35 owner(s) or 4.10% in the last quarter. Average portfolio weight of all funds dedicated to ALCA is 0.20%, an increase of 2.66%. Total shares owned by institutions increased in the last three months by 5.10% to 174,358K shares.

What are Other Shareholders Doing?

AT:ALCA / Alcoa Corporation Shares Held by Institutions

Eagle Capital Management holds 15,006K shares representing 5.81% ownership of the company.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,643K shares representing 2.18% ownership of the company. In its prior filing, the firm reported owning 5,619K shares , representing an increase of 0.43%. The firm increased its portfolio allocation in ALCA by 14.98% over the last quarter.

IJH - iShares Core S&P Mid-Cap ETF holds 5,585K shares representing 2.16% ownership of the company. In its prior filing, the firm reported owning 5,556K shares , representing an increase of 0.52%. The firm increased its portfolio allocation in ALCA by 21.14% over the last quarter.

NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 4,517K shares representing 1.75% ownership of the company. In its prior filing, the firm reported owning 4,579K shares , representing a decrease of 1.37%. The firm increased its portfolio allocation in ALCA by 21.82% over the last quarter.

Slate Path Capital holds 3,731K shares representing 1.44% ownership of the company. In its prior filing, the firm reported owning 3,941K shares , representing a decrease of 5.61%. The firm increased its portfolio allocation in ALCA by 7.05% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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