According to the most recent Form 13F filing that the company made with the Securities and Exchange Commission, Assenagon Asset Management S.A.
Bought a new position in shares of Ball Co (NYSE: BALL) during the fourth quarter.
The corporation shelled out around $8,208,000 in exchange for 160,500 shares of equity.
The most recent report with the SEC revealed that Assenagon Asset Management S.A. owned around 0.05% of Ball.
There have been several more significant investors who have either increased or decreased their holdings of BALL.
During the third quarter, Covington Capital Management made an investment in Ball for $26,000.
During the third quarter, Livforsakringsbolaget Skandia Omsesidigt purchased a new investment in Ball for $30 000.MinichMacGregor Wealth Management LLC invested $31,000 in Ball during the fourth quarter of 2018.
During the third quarter, Versant Capital Management, INC made an investment in Ball for $35,000.
In the final step of the process, General Partner INC put $35,000 into Ball during the fourth quarter.
Institutional investors own the company’s stock at 82.65%.
On Friday, the price of Ball stock was $52.53 when it first traded.
The company has a beta value of 0.78, a market capitalization of $16.51 billion, a P/E ratio of 23.56, a P/E growth ratio of 3.36, and a P/E growth ratio of 3.36.
The company’s moving average for the past 50 days is $56.07, and the moving average over the past 200 days is $53.80.
Ball Co’s lowest price the last year was $46, and its highest price the last year was $94.79.
There is a debt-to-equity ratio of 2.14, a quick ratio of 0.47, a current ratio of 0.78, and the quick ratio of 0.47.
On Thursday, February 2, the publicly traded company Ball (NYSE: BALL) disclosed its most recent quarterly earnings report.
The company reported a profit of $0.44 per share for the third quarter, which was $0.10 less than the consensus forecast of $0.54 per share among industry analysts.
The actual revenue for the quarter was $3.55 billion, which is lower than the consensus forecast of $3.69 billion for that metric.
Ball’s return on equity was 24.47%, and the company’s net margin was 4.68%.
The company’s revenue for the quarter decreased by 3.4% compared to the previous year.
The company made $0.97 in profit per share in the same quarter as the previous year.
This year, market watchers anticipate that Ball Co will generate $3.08 per share earnings.
Also, on March 15, the company declared a quarterly dividend, which was disbursed.
Dividends of $0.20 per share were given to stockholders whose shares were held as of March 1.
The distribution of the dividend took place on February 28.
This results in a dividend payout of $0.80 annually and a yield of 1.52%.
Ball’s dividend payout ratio (also known as the DPR) is now at 35.87%.
On Monday, February 6, director John A. Hayes sold 100,000 shares of the company’s stock.
This information was revealed in other Ball news.
The shares were sold for $5,840,000.00 at an average price of $58.40.
As a result of the transaction, the director now owns 480,552 shares in the company, which are currently valued at $28,064,236.80.You may learn more about the transaction revealed in a legal file submitted to the Securities and Exchange Commission by following the link provided above.
There is insider ownership of 1.40% of the corporation.
Several brokerage business studies have focused on Ball as their primary theme.
The research firm Mizuho upped their price target on Ball stock from $53.00 to $58.00 and gave it a “neutral” rating in a report published on Friday, February 3. UBS Group lowered their target price on Ball shares from $64.00 to $58.00 and gave the company a “neutral” rating in a research report published on Thursday, December 15. Citigroup increased its target price on Ball stock from $51.00 to $54.00 in a research report published on Wednesday, January 4. JPMorgan Chase & Co increased their target price on Ball stock from $55.00 to $61.00 and assigned the stock a “neutral” rating in a research report that was issued on February 7. Finally, Wells Fargo & Company increased their target price on shares of Ball from $46.00 to $51.00 and assigned the stock an “underweight” rating in a research report published on Friday, February 3. Only one of the investing analysts recommends selling the company, while eleven others say it should be held, and two say it should be purchased.
According to statistics provided by Bloomberg, the general public gives the stock a rating of “Hold” and has an average price target of $58.31.