Stifel Financial Corp decreased its holdings in Lithium Americas Corp. (NYSE:LAC – Free Report) by 14.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,327 shares of the company’s stock after selling 5,623 shares during the quarter. Stifel Financial Corp’s holdings in Lithium Americas were worth $93,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in LAC. Renaissance Technologies LLC purchased a new position in Lithium Americas in the 2nd quarter valued at $520,000. Marshall Wace LLP purchased a new position in Lithium Americas in the 2nd quarter valued at approximately $10,252,000. Merewether Investment Management LP acquired a new position in Lithium Americas during the second quarter worth $858,000. Point72 Asset Management L.P. increased its position in shares of Lithium Americas by 580.1% in the second quarter. Point72 Asset Management L.P. now owns 1,857,193 shares of the company’s stock valued at $4,977,000 after buying an additional 1,584,123 shares in the last quarter. Finally, Teamwork Financial Advisors LLC grew its stake in Lithium Americas by 2,274.3% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 398,760 shares of the company’s stock valued at $1,077,000 after acquiring an additional 381,965 shares during the last quarter.
Lithium Americas Trading Down 2.9 %
NYSE LAC opened at $3.00 on Tuesday. The company has a market capitalization of $662.06 million and a PE ratio of -25.00. The business’s 50-day moving average price is $3.67 and its 200 day moving average price is $2.99. Lithium Americas Corp. has a twelve month low of $2.02 and a twelve month high of $7.71.
Analyst Ratings Changes
Check Out Our Latest Analysis on Lithium Americas
Lithium Americas Profile
Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.
Featured Articles
- Five stocks we like better than Lithium Americas
- 3 Ways To Invest In Coffee, Other Than Drinking It
- 3 Must-Hold Stocks with Double-Digit Upside for 2025
- Insider Trades May Not Tell You What You Think
- Micron: Why Now Is the Time to Be Brave
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- 3 Stocks That Wall Street Insiders Can’t Stop Buying
Want to see what other hedge funds are holding LAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lithium Americas Corp. (NYSE:LAC – Free Report).
Receive News & Ratings for Lithium Americas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lithium Americas and related companies with MarketBeat.com's FREE daily email newsletter.