Ryerson Holding Co. (NYSE:RYI) Shares Bought by Hantz Financial Services Inc.

Hantz Financial Services Inc. grew its position in Ryerson Holding Co. (NYSE:RYI) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,067 shares of the basic materials company’s stock after purchasing an additional 2,590 shares during the period. Hantz Financial Services Inc.’s holdings in Ryerson were worth $557,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of RYI. Newbridge Financial Services Group Inc. acquired a new position in Ryerson during the second quarter valued at approximately $39,000. Copeland Capital Management LLC acquired a new position in shares of Ryerson during the 3rd quarter valued at $56,000. SG Americas Securities LLC purchased a new stake in Ryerson during the 3rd quarter worth $108,000. FMR LLC increased its holdings in Ryerson by 159.7% in the 3rd quarter. FMR LLC now owns 7,649 shares of the basic materials company’s stock valued at $152,000 after purchasing an additional 4,704 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new position in Ryerson in the third quarter valued at about $202,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Ryerson Price Performance

Shares of NYSE RYI opened at $22.36 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.22 and a quick ratio of 1.06. Ryerson Holding Co. has a 1-year low of $17.18 and a 1-year high of $36.15. The company has a market capitalization of $712.17 million, a price-to-earnings ratio of 36.66 and a beta of 1.59. The business has a 50-day moving average of $21.37 and a 200-day moving average of $21.24.

Ryerson (NYSE:RYI) last issued its quarterly earnings data on Tuesday, October 29th. The basic materials company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.26). Ryerson had a net margin of 0.46% and a return on equity of 2.66%. The firm had revenue of $1.13 billion during the quarter. During the same period last year, the business earned $1.00 earnings per share. On average, equities analysts anticipate that Ryerson Holding Co. will post -0.45 EPS for the current fiscal year.

Insider Activity

In other Ryerson news, EVP Mark S. Silver sold 9,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $24.56, for a total value of $221,040.00. Following the transaction, the executive vice president now owns 107,664 shares in the company, valued at $2,644,227.84. The trade was a 7.71 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 3.88% of the company’s stock.

Ryerson Company Profile

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing.