<div id="readability-page-1"><p>Gerdau S.A. (NYSE:GGB - Get Free Report) EVP Mauricio Metz sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $4.85, for a total value of $24,250.00. Following the sale, the executive vice president directly owned 34,536 shares of the company's stock, valued at $167,499.60. This represents a 12.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.</p><p>Mauricio Metz also recently made the following trade(s): </p><ul><li>On Tuesday, May 5th, Mauricio Metz sold 2,000 shares of Gerdau stock. The stock was sold at an average price of $4.69, for a total value of $9,380.00. </li><li>On Tuesday, April 28th, Mauricio Metz sold 1,000 shares of Gerdau stock. The stock was sold at an average price of $4.53, for a total value of $4,530.00. </li><li>On Friday, April 10th, Mauricio Metz sold 1,000 shares of Gerdau stock. The stock was sold at an average price of $4.24, for a total value of $4,240.00. </li></ul><h2>Gerdau Stock Down 2.2%</h2><p>GGB traded down $0.11 during midday trading on Friday, reaching $4.61. 14,508,322 shares of the company were exchanged, compared to its average volume of 19,824,410. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.29 and a current ratio of 2.76. The company's fifty day moving average price is $3.99 and its 200 day moving average price is $3.90. The company has a market cap of $9.20 billion, a price-to-earnings ratio of 28.78 and a beta of 1.51. Gerdau S.A. has a one year low of $2.61 and a one year high of $4.98. </p><p>Gerdau (NYSE:GGB - Get Free Report) last released its earnings results on Tuesday, April 28th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.05). The business had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.36 billion. Gerdau had a net margin of 2.40% and a return on equity of 6.76%.  As a group, analysts expect that  Gerdau S.A. will post 0.51 EPS for the current year. </p><h2>Gerdau Increases Dividend</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Friday, May 15th will be issued a $0.0361 dividend. This is a boost from Gerdau's previous quarterly dividend of $0.02. This represents a $0.14 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, May 15th. Gerdau's dividend payout ratio  is currently 75.00%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research firms have recently issued reports on GGB. UBS Group  reaffirmed a &#34;buy&#34; rating and issued a $5.25 target price (up from $4.60) on shares of Gerdau in a report on Wednesday, April 29th. Itau BBA Securities raised Gerdau from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and set a $4.60 target price for the company in a report on Wednesday, April 1st. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Gerdau in a report on Friday, March 27th. JPMorgan Chase &amp; Co. upped their price objective on Gerdau from $5.00 to $5.50 and gave the company an &#34;overweight&#34; rating in a research note on Monday, April 13th. Finally, Scotiabank upgraded Gerdau from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research note on Thursday, March 26th. One research analyst  has rated the stock with a Strong Buy rating, three have issued  a Buy rating and two have assigned  a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $5.12.</p><p><b>Check Out Our Latest Stock Report on Gerdau</b></p><h2>Hedge Funds Weigh In On Gerdau</h2><p>Institutional investors have recently bought and sold shares of the company. Capital International Investors lifted its stake in  Gerdau by 1.9% in the third quarter. Capital International Investors now owns 31,046,243 shares of the basic materials company's stock valued at $96,243,000 after purchasing an additional 581,958 shares during the last quarter.  Kapitalo Investimentos Ltda purchased a new position in  Gerdau in the third quarter valued at approximately $5,958,000.  GSA Capital Partners LLP purchased a new position in  Gerdau in the third quarter valued at approximately $981,000.  SPX Gestao de Recursos Ltda lifted its position in shares of  Gerdau by 56.5% during the third quarter. SPX Gestao de Recursos Ltda now owns 4,491,042 shares of the basic materials company's stock worth $13,922,000 after acquiring an additional 1,621,938 shares in the last quarter.  Finally, Causeway Capital Management LLC lifted its position in shares of  Gerdau by 169.2% during the third quarter. Causeway Capital Management LLC now owns 7,189,270 shares of the basic materials company's stock worth $22,287,000 after acquiring an additional 4,519,092 shares in the last quarter. Hedge funds and other institutional investors own  1.49% of the company's stock. </p><h2>Gerdau Company Profile</h2> (Get Free Report)<p>Gerdau SA is a Brazilian-based steel producer engaged in the manufacture and distribution of long steel products for the construction, industrial and agricultural sectors. Established in 1901, the company operates an integrated network of electric-arc furnaces and rolling mills, producing reinforcement bars, wire rod, merchant bars and structural shapes. Gerdau's product portfolio also includes specialty long steel, high-yield reinforcement, rail, beams and steel coils, as well as value-added processing services such as cutting, bending and coating.  </p><p>The company has expanded its footprint beyond Brazil, with significant operations in North America, South America and a presence in select European markets.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Gerdau</li><li>Viking Sails to All-Time Highs—Fundamentals Signal More to Come</li><li>Datavalut Gains Traction: 5 Reasons to Sell Now</li><li>TMC Stock: Why This Pre-Revenue Miner Is Worth Watching</li><li>The Power Grid Is Dying—Is It Time to Buy Its Replacement?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdHQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdHQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Gerdau Right Now?</h2><p>Before you consider Gerdau, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gerdau wasn't on the list.</p><p>While Gerdau currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Gerdau S.A. EVP Mauricio Metz sold 5,000 shares at $4.85 each, totaling $24,250, reducing his ownership by 12.65%. Following the sale, he holds 34,536 shares valued at $167,499.60. Gerdau's stock recently fell 2.2% to $4.61. The company announced a quarterly dividend increase to $0.0361, with a yield of 3.1%. Analysts maintain a 'Moderate Buy' consensus with a target price of $5.12.</p>

Market Beat

Gerdau USA

VanEck Steel ETF

UBS Group AG

Itau Unibanco Banco Mult

JPMorgan Chase

Bank of Nova Scottia

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Insider Selling: Gerdau (NYSE:GGB) EVP Sells 5,000 Shares of Stock