Barrow Hanley Global Investors Takes 6.2% Stake in Kaiser Aluminum

TL;DR

**Big investor Barrow Hanley just revealed a 6.2% stake in Kaiser Aluminum, a bullish sign.**

AI Summary

Barrow Hanley Global Investors, an investment advisor, reported a significant passive ownership stake in Kaiser Aluminum Corp (Kaiser) as of December 31, 2023. They beneficially own 2,000,000 shares of Kaiser's Common Stock, representing 6.2% of the company. This matters to investors because it signals that a large institutional investor sees value in Kaiser, potentially indicating a vote of confidence in the company's future performance.

Why It Matters

This filing shows a major institutional investor has a substantial stake in Kaiser Aluminum, which can be seen as a positive signal for the company's stability and future prospects.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by an institutional holder, which generally poses low risk to existing shareholders.

Analyst Insight

A smart investor would view this institutional stake as a positive indicator, potentially researching Kaiser Aluminum Corp further for long-term investment opportunities, given the vote of confidence from Barrow Hanley Global Investors.

Key Numbers

• 2,000,000 — Shares Beneficially Owned (Represents Barrow Hanley Global Investors' total stake in Kaiser Aluminum Corp.)
• 6.2% — Percentage of Class Outstanding (Indicates the significant portion of Kaiser Aluminum Corp's common stock held by Barrow Hanley Global Investors.)

Key Players & Entities

• Barrow Hanley Global Investors (company) — reporting person, investment advisor
• Kaiser Aluminum Corp (company) — subject company, issuer
• 2,000,000 (dollar_amount) — shares beneficially owned
• 6.2% (dollar_amount) — percentage of class outstanding
• December 31, 2023 (person) — date of event requiring filing

Forward-Looking Statements

• Kaiser Aluminum Corp's stock price may experience increased stability due to institutional backing. (Kaiser Aluminum Corp) — medium confidence, target: Q2 2024

FAQ

Filing Documents

• kalu13g02132024.htm (SC 13G) — 50KB
• 0000313028-24-000020.txt ( ) — 52KB

(a)

Item 1(a) Name of Issuer: Kaiser Aluminum Corp 1(b) Address of Issuer's Principal Executive Offices: 27422 PORTOLA PARKWAY, SUITE 200 FOOTHILL RANCH, CA 92610-2831

(a)

Item 2(a) Name of Person Filing: Barrow Hanley Global Investors 2(b) Address of Principal Business Office or, if none, Residence: 2200 Ross Avenue, 31st Floor Dallas, TX 75201-2761 2(c) Citizenship: A Delaware limited liability company 2(d) Title of Class of Securities Common Stock 2(e) CUSIP Number: 483007704 Item 3 If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in a accordance with 240.13d-1(b)(1)(ii)(J). 3 Item 4 4(a) Amount beneficially owned: 824,412 shares 4(b) Percent of Class: 5.15% 4(c) Number of shares as to which person has: (i) Sole power to vote or to direct the vote: 818,820 shares (ii) Shared power to vote or to direct the vote: 5,592 shares (iii) Sole power to dispose or to direct the disposition of: 824,412 shares (iv) Shared power to dispose or to direct the disposition of: — Item 5 Not Applicable. Item 6 The right to receive or the power to direct the rec

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