26,932 Shares in Radius Recycling, Inc. (NASDAQ:RDUS) Acquired by Jump Financial LLC

Jump Financial LLC purchased a new position in shares of Radius Recycling, Inc. (NASDAQ:RDUS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 26,932 shares of the basic materials company's stock, valued at approximately $410,000. Jump Financial LLC owned about 0.10% of Radius Recycling at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. SG Americas Securities LLC purchased a new position in shares of Radius Recycling in the fourth quarter valued at about $140,000. Y Intercept Hong Kong Ltd purchased a new position in Radius Recycling in the 4th quarter worth approximately $160,000. Trium Capital LLP raised its position in shares of Radius Recycling by 41.8% during the fourth quarter. Trium Capital LLP now owns 13,320 shares of the basic materials company's stock valued at $203,000 after buying an additional 3,925 shares during the last quarter. Versor Investments LP purchased a new position in shares of Radius Recycling in the fourth quarter worth $236,000. Finally, Quantbot Technologies LP bought a new position in shares of Radius Recycling during the fourth quarter worth $238,000. Institutional investors own 78.11% of the company's stock.

Radius Recycling Trading Up 0.1 %

NASDAQ:RDUS traded up $0.03 during midday trading on Thursday, hitting $29.36. The stock had a trading volume of 240,822 shares, compared to its average volume of 390,978. The company has a quick ratio of 0.97, a current ratio of 2.02 and a debt-to-equity ratio of 0.75. Radius Recycling, Inc. has a one year low of $10.57 and a one year high of $29.47. The stock has a 50-day moving average of $24.66 and a 200 day moving average of $18.86. The company has a market capitalization of $827.87 million, a price-to-earnings ratio of -2.93 and a beta of 1.07.

Radius Recycling (NASDAQ:RDUS - Get Free Report) last announced its earnings results on Friday, April 4th. The basic materials company reported ($0.99) EPS for the quarter, topping analysts' consensus estimates of ($1.08) by $0.09. The business had revenue of $642.51 million during the quarter, compared to the consensus estimate of $635.94 million. Radius Recycling had a negative net margin of 10.49% and a negative return on equity of 14.16%. As a group, sell-side analysts forecast that Radius Recycling, Inc. will post -3.84 EPS for the current year.

Radius Recycling Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, April 21st will be given a $0.1875 dividend. The ex-dividend date of this dividend is Monday, April 21st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.55%. Radius Recycling's payout ratio is -7.52%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Radius Recycling in a research note on Saturday, April 26th. They issued a "sell" rating on the stock.

Radius Recycling Profile

Radius Recycling, Inc recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys.