Dahlman Rose & Co Maintains Kaiser Aluminum Hold

Dahlman Rose & Company maintained its Kaiser Aluminum （NASDAQ: KALU） Hold rating in a research report published.

4Q10 EBITDA ex-non-run-rate items （NRR） of $15.7 MM, versus our estimate of $15 MM. Total 4Q10 shipments and value added revenue declines sequentially due to seasonal softness and were in line with our estimates.

Overall value added revenue per pound increased slightly from the prior quarter due to product mix as the company benefited from a higher proportion of high value added Aero & High Strength application shipments."

Shares of Kaiser Aluminum were trading at $48.32 at the time of posting, down 1.37% from Tuesday's market close.