Janney Montgomery Scott LLC Sells 3,714 Shares of Ryerson Holding Co. (NYSE:RYI)

Janney Montgomery Scott LLC lessened its holdings in Ryerson Holding Co. (NYSE:RYI) by 20.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,432 shares of the basic materials company’s stock after selling 3,714 shares during the period. Janney Montgomery Scott LLC’s holdings in Ryerson were worth $267,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Barclays PLC raised its stake in shares of Ryerson by 167.0% in the 3rd quarter. Barclays PLC now owns 55,330 shares of the basic materials company’s stock valued at $1,101,000 after acquiring an additional 34,604 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Ryerson by 41.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 43,517 shares of the basic materials company’s stock valued at $866,000 after acquiring an additional 12,768 shares in the last quarter. State Street Corp raised its stake in shares of Ryerson by 3.2% in the 3rd quarter. State Street Corp now owns 1,411,397 shares of the basic materials company’s stock valued at $28,101,000 after acquiring an additional 43,780 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of Ryerson by 6.9% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 480,341 shares of the basic materials company’s stock valued at $9,564,000 after acquiring an additional 31,046 shares in the last quarter. Finally, JB Capital Partners LP raised its stake in shares of Ryerson by 4.0% in the 3rd quarter. JB Capital Partners LP now owns 2,131,069 shares of the basic materials company’s stock valued at $42,430,000 after acquiring an additional 82,313 shares in the last quarter. 94.81% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Mark S. Silver sold 9,000 shares of Ryerson stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $24.56, for a total transaction of $221,040.00. Following the sale, the executive vice president now owns 107,664 shares of the company’s stock, valued at approximately $2,644,227.84. This trade represents a 7.71 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 3.88% of the company’s stock.

Ryerson Stock Performance

Shares of NYSE RYI opened at $22.35 on Thursday. The company has a quick ratio of 1.06, a current ratio of 2.22 and a debt-to-equity ratio of 0.62. The business’s 50 day moving average is $20.90 and its two-hundred day moving average is $21.13. The company has a market cap of $711.85 million, a P/E ratio of 36.64 and a beta of 1.59. Ryerson Holding Co. has a 12 month low of $17.18 and a 12 month high of $36.15.

About Ryerson

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.