Profit Capital Management L L P NC in the third quarter reduced its equity stake in Ball Co. (NYSE: BLL) by 15.3%, according to the company's latest submission SEC. The Fund owned 160 475 shares of industrial production company, selling 29 012 shares during the quarter. WedG Capital Management L L P The NC Holdings in Ball was worth $ 7,059,000 at the end of the last reporting period.
Several other institutional investors and hedge funds have also replenished or reduced their shareholding in the company. Bradley Foster & Sargent Inc. CT in the third quarter purchased a new position at Ball about $ 22,662,000. In the third quarter, Portland Hill Asset Management Ltd canceled its position in the Ball by 0.3%. Portland Hill Asset Management Ltd now owns 338,619 industrial product companies worth $ 14,947,000, after acquiring an additional 1,126 shares during the period. In the third quarter, Nissay Asset Management Corp Japan withdrew its position in the ball by 8.2%. Nissay Asset Management Corp. Japan ADV now owns 66,526 industrial product companies worth $ 2,926,000, gaining an additional 5,043 shares. Frontier Capital Management Co. LLC in the third quarter withdrew its position in the ball by 7.4%. Frontier Capital Management Co., Ltd. now owns 2,908,416 industrial product companies with a value of USD 127,941,000, gaining an additional 199,415 shares during the period. Finally, Adams Natural Resources Fund Inc. acquired a new share of Ball 5 in the 3rd Quarter. At a value of around $ 6,920,000. Institutional investors and hedge funds hold 85.78% of the company's shares.
Four stocks of BLL shares are open at $ 48.84. The company has a market cap of $ 16.23 billion, a P / E ratio of 23.94, a PEG ratio of 3.94, and a beta of 0.74. Ball Co is 1 year low from $ 34.71 and the highest one year from $ 48.85. The company has a quick ratio of 0.69, the current ratio of 1.01 and the debt-to-equity ratio of 1.74.
Ball (NYSE: BLL) recently released quarterly earnings results on Thursday, November 1. The Commodity Company reported a profit of $ 0.56 per share in the reporting quarter, reaching a consolidated estimate of $ 0.60 ($ 0.04). The company had a quarterly revenue of $ 2.95 billion, compared with analysts' forecasts of $ 2.80 billion. Bull had a return on equity of 20.02% and a net profit of 4.21%. The company's quarterly revenue grew by 1.3% compared to the previous year. In the same period last year, the business made EUR 0.52 per EPS. As a group, research analysts predict that Ball Co will release 2.21 earnings per share in the current year.
The company also recently announced quarterly dividends to be paid on Monday, December 17th. Investment shareholders will receive dividends of $ 0.10 per share on Monday, December 3. It is $ 0.40 a year and a dividend of 0.86%. The dividend end date is Friday, November 30th. The prize cost ratio is 19.61%.
Recently BLL has commented on several research firms. Zacks Investment Research nominated the "sell" rating for the "hold" rating report on Wednesday, October 10th. The vertical study reduced the prize from the "buy" rating to the "hold" rating and set the company target price of $ 50.00. report on Friday, 2 November. ValuEngine, on Wednesday, October 17, in a statement Wednesday, October 17, Ballet raised the prize from the "sell" rating to "hold". Bank of America canceled the target price of Ball from $ 54.00 to $ 55.00 and on Friday, November 2, it gave the stock-rating "buy". Finally, on Wednesday, August 1, TheStreet raised Ball from the "c +" rating to the "b-" rating report. Six investment analysts have ranked shares with a holding rating and nine have issued a stock purchase rating for the company. Boma has a Consensus score of "Buy" and the average bid is $ 50.00.
In other Ball news, John A. Hayes, chairman of the board, sold 96,667 shares in a deal on Monday, September 10th. The stock was sold at an average price of $ 43.00 for a total transaction of $ 4,156,600.00. Upon completion of the deal, the chairman now owns 471,228 corporate shares valued at $ 20,262,804. The transaction was disclosed in a document submitted to the Securities and Exchange Commission, which is available through this link. VP Jeff A. Knobel also sold 6,989 shares of the company on Monday, 5 November. The stock is sold at an average price of USD 47.42 for a total value of USD 327 150.58. After the transaction, the vice president now owns 68,389 corporate shares with a value of approximately $ 3,243,006.38. Information on this sale can be found here. Over the past three months, internal parties have sold 128,566 corporate shares worth $ 5,593,832. 2.70% of the stock is currently owned by corporate individuals.
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Ball company profile
Ball Corporation supplies metal packaging products in the beverage, food, personal care and household products sectors. It operates in five segments: Beverage packaging, North America and Central America; Beverage packaging, South America; Beverage packaging, Europe; Food and aerosol packaging; and Aerospace.
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