Mueller Industries, Inc. (MLI)’s Trend Up, Especially After Today’s Strong Session

September 17, 2017 - By Marie Mckinney

Investors sentiment decreased to 1.21 in 2016 Q4. Its down 0.27, from 1.48 in 2016Q3. It turned negative, as 13 investors sold Mueller Industries, Inc. shares while 49 reduced holdings. 20 funds opened positions while 55 raised stakes. 52.01 million shares or 0.20% more from 51.91 million shares in 2016Q3 were reported.
State Street has 0% invested in Mueller Industries, Inc. (NYSE:MLI). Parametric Associates Lc owns 146,495 shares. Gabelli Funds Ltd Liability Co, a New York-based fund reported 2.13M shares. Ny State Common Retirement Fund holds 76,904 shares or 0% of its portfolio. Loomis Sayles Ltd Partnership holds 27 shares or 0% of its portfolio. Ameriprise owns 783,715 shares or 0.02% of their US portfolio. Gamco Invsts Inc Et Al owns 4.03M shares. Ubs Asset Mgmt Americas owns 19,679 shares. Texas Permanent School Fund holds 0.02% or 41,850 shares in its portfolio. Public Employees Retirement Association Of Colorado holds 0% of its portfolio in Mueller Industries, Inc. (NYSE:MLI) for 11,083 shares. Hsbc Plc holds 12,438 shares or 0% of its portfolio. Moreover, Calvert Mgmt has 0.21% invested in Mueller Industries, Inc. (NYSE:MLI) for 140,336 shares. The New York-based Focused Wealth Mngmt has invested 0.01% in Mueller Industries, Inc. (NYSE:MLI). First Midwest Retail Bank Trust Division has invested 0.11% in Mueller Industries, Inc. (NYSE:MLI). Comerica Comml Bank has invested 0.02% in Mueller Industries, Inc. (NYSE:MLI).

Since April 4, 2017, it had 0 insider buys, and 1 sale for $100,230 activity. Martin Jeffrey Andrew sold $100,230 worth of Mueller Industries, Inc. (NYSE:MLI) on Tuesday, April 4.

The stock of Mueller Industries, Inc. (NYSE:MLI) is a huge mover today! The stock increased 4.54% or $1.4 on September 15, reaching $32.25. About 783,646 shares traded or 456.39% up from the average. Mueller Industries, Inc. (NYSE:MLI) has risen 3.10% since September 17, 2016 and is uptrending. It has underperformed by 13.60% the S&P500.
The move comes after 7 months positive chart setup for the $1.86 billion company. It was reported on Sep, 17 by Barchart.com. We have $34.83 PT which if reached, will make NYSE:MLI worth $148.80 million more.

More notable recent Mueller Industries, Inc. (NYSE:MLI) news were published by: Nasdaq.com which released: “Mueller Industries, Inc. (MLI) Ex-Dividend Date Scheduled for March 03, 2017” on March 02, 2017, also Bizjournals.com with their article: “Mueller reports quarterly increases, notes rising copper prices” published on May 01, 2017, Nasdaq.com published: “Mueller Industries, Inc. (MLI) Ex-Dividend Date Scheduled for August 31, 2017” on August 30, 2017. More interesting news about Mueller Industries, Inc. (NYSE:MLI) were released by: Seekingalpha.com and their article: “Mueller? Mueller!” published on September 06, 2017 as well as Seekingalpha.com‘s news article titled: “Mueller Industries Building From A Surprisingly Solid Base” with publication date: January 10, 2017.

Mueller Industries, Inc. is a manufacturer of copper, brass, aluminum and plastic products. The company has market cap of $1.86 billion. The Firm operates through three divisions: Piping Systems, Industrial Metals and Climate. It has a 18.33 P/E ratio. The Company’s products include copper tube and fittings; line sets; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum impact extrusions; plastic fittings and valves; refrigeration valves and fittings; fabricated tubular products, and steel nipples.

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