From MarketBeat:

New York State Common Retirement Fund has increased its stake in ATI Inc. by 7.4% during the 3rd quarter, now owning 459,925 shares worth $18,926,000. A number of other institutional investors and hedge funds have also made recent additions to their stakes in the company. ATI stock is trading up 1.6% at $39.15 per share, with a 50-day moving average of $42.77 and a two-hundred day average of $42.73. The company has a market capitalization of $4.99 billion and a debt-to-equity ratio of 1.45. ATI posted earnings of $0.64 per share for the last quarter, beating analysts’ estimates of $0.62. The Board of Directors recently initiated a $150.00 million share buyback program, signaling confidence in the company’s value. Several brokerages have issued reports on ATI, with a consensus price target of $50.33. Insider Elliot S. Davis recently sold 1,789 shares of ATI stock and now owns 136,050 shares valued at $5,858,313. 0.82% of ATI stock is currently owned by corporate insiders. ATI Inc. manufactures specialty materials and components in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). If you’re interested in seeing what other hedge funds are holding ATI, the latest 13F filings and insider trades are available at HoldingsChannel.com.



Read more: New York State Common Retirement Fund Boosts Stock Holdings in ATI Inc. (NYSE:ATI)