Two Sigma Securities LLC lifted its holdings in Companhia Sider�rgica Nacional (NYSE:SID) by 545.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,904 shares of the basic materials company’s stock after acquiring an additional 96,245 shares during the period. Two Sigma Securities LLC’s holdings in Companhia Sider�rgica Nacional were worth $279,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SID. Deutsche Bank AG lifted its position in shares of Companhia Sider�rgica Nacional by 33.6% in the 4th quarter. Deutsche Bank AG now owns 61,795 shares of the basic materials company’s stock worth $151,000 after buying an additional 15,537 shares during the last quarter. Virtu Financial LLC bought a new stake in Companhia Sider�rgica Nacional in the 4th quarter valued at about $313,000. Tower Research Capital LLC TRC lifted its position in Companhia Sider�rgica Nacional by 360.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 119,934 shares of the basic materials company’s stock valued at $294,000 after purchasing an additional 93,882 shares during the last quarter. Finally, Aperio Group LLC lifted its position in Companhia Sider�rgica Nacional by 29.1% in the 4th quarter. Aperio Group LLC now owns 168,323 shares of the basic materials company’s stock valued at $412,000 after purchasing an additional 37,967 shares during the last quarter. 2.77% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have commented on the stock. JPMorgan Chase raised shares of Companhia Sider�rgica Nacional from an “underweight” rating to a “neutral” rating in a research note on Wednesday, January 17th. UBS raised shares of Companhia Sider�rgica Nacional from a “sell” rating to a “neutral” rating in a research note on Thursday, January 11th. Finally, Morgan Stanley upgraded shares of Companhia Sider�rgica Nacional from an “underweight” rating to an “equal weight” rating in a report on Wednesday, January 10th. Five analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold”.
NYSE SID traded down $0.10 during trading on Friday, reaching $2.52. The company’s stock had a trading volume of 1,808,876 shares, compared to its average volume of 2,836,748. Companhia Sider�rgica Nacional has a 1-year low of $1.76 and a 1-year high of $3.55. The company has a current ratio of 1.11, a quick ratio of 0.70 and a debt-to-equity ratio of 2.77.
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Companhia Sider�rgica Nacional Company Profile
Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil. It operates through Steel, Mining, Logistics, Cement, and Energy segments. It offers steel products, such as coated sheets, galvanized steel, pre-painted steel, metal sheets, and flat and long steel products for automotive, civil construction, packaging, appliances, OEM, and distribution markets.
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