Matarin Capital Management LLC Increased Its Stake in Schnitzer Steel Industries INC Class A (SCHN) by $132.91 Million; Shares Declined

During 2018 Q2 the big money sentiment decreased to 0.89. That’s change of 0.30, from 2018Q1’s 1.19. 17 investors sold all, 65 reduced holdings as SCHN ratio fall. 38 rose stakes while 35 funds acquired stakes. Funds hold 23.74 million shares thus 1.64% more from 2018Q1’s 23.35 million shares. Jpmorgan Chase & invested 0% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Janney Montgomery Scott Limited Liability Corporation holds 0.01% or 18,701 shs. Da Davidson & Communication owns 13,366 shs. 17,800 were reported by Adams Diversified Equity Fund. Secor Cap Limited Partnership accumulated 86,462 shs. Metropolitan Life Insurance Company New York holds 9,055 shs or 0% of its capital. 400,000 are held by Telemark Asset Mngmt Lc. Kbc Group Inc Inc Nv reported 59,321 shs. Grp One Trading LP stated it has 4,882 shs. Us Commercial Bank De invested in 0% or 377 shs. The California-based Hennessy has invested 0.12% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Bnp Paribas Arbitrage Sa reported 9,503 shs. Bridgeway Capital Mngmt has invested 0.05% of its capital in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Focused Wealth Mngmt invested in 63 shs or 0% of the stock. Ubs Asset Mgmt Americas Incorporated holds 0% of its capital in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 13,715 shs.

SCHN registered $2.23 million net activity with 0 insider buys and 7 sales since July 10, 2018. CARTER JOHN D sold $506,286 worth of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) on Tuesday, July 10. Henderson Michael R had sold 14,311 shs worth $386,826 on Wednesday, October 31. The insider Gaggini Stefano R. sold 4,401 shs worth $117,727. The insider Saba Peter B sold $195,964. Shares for $362,994 were sold by Heiskell Steven.

In 2018Q2 SEC filling is reported Matarin Capital Management Llc’s holdings in Schnitzer Steel Industries Inc. Class A (SCHN) which was increased by 0.87%. The company’s stock declined 17.15% while stock markets rallied as Matarin Capital Management Llc bought 3,944 shares. The institutional investor is holding 456,961 shares, compared to the 453,017 from the previous quarter. And the announced value of the consumer durables company is $15.40B for the 2018Q2. $676.77 million is Schnitzer Steel Industries Inc. Class A’s MC. SCHN hit $26.14 during the last trading session after $0.46 change.Schnitzer Steel Industries, Inc. has volume of 281,492 shares. Since December 8, 2017 SCHN has risen 1.31% and is uptrending. SCHN underperformed the S&P500 by 14.31%.

According to a filing the Matarin Capital Management Llc’s stake in Tilly’s Inc. Class A (NYSE:TLYS) was reduced by 9,268 shares to 123,442 shares valued at $1.87 billion in 2018Q2. It operates about $198.00 million and $1382.93B US Long portfolio. For a total of 11,348 shares it reduced its holding in Berkshire Hathaway Inc. Class B (BRKB) by 2,244 shares in the quarter, and has cut its stake in Powell Industries Inc. (NASDAQ:POWL).

For more Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) news brought out recently go to: Businesswire.com, Seekingalpha.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “Schnitzer Reports Fourth Quarter and Fiscal 2018 Financial Results – Business Wire” brought out on October 24, 2018, “Schnitzer Steel Industries, Inc. (SCHN) CEO Tamara Lundgren on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on June 26, 2018, “UK Stocks-Factors to watch on Nov 20 – Nasdaq” with a publish date: November 20, 2018, “Validea’s Top Five Basic Materials Stocks Based On Benjamin Graham – 9/23/2018 – Nasdaq” and the last “Why You Shouldn’t Bet Against Schnitzer Steel (SCHN) Stock – Nasdaq” with publication date: July 02, 2018.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Ratings Coverage

In total 2 analysts cover Schnitzer Steel Indus (NASDAQ:SCHN). “Buy” rating has 0, “Sell” are 1, while 1 are “Hold”. (NASDAQ:SCHN) has 0 bullish analysts. 3 are the (NASDAQ:SCHN)’s ratings reports on 8 Dec 2018 according to StockzIntelligence Inc. On Friday, July 6 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Friday, September 28 the company was maintained by Macquarie Research. The company rating was downgraded by Morgan Stanley on Wednesday, August 15.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Institutional Investors Chart

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