The most recent report that NorthRock Partners LLC has provided to the Securities and Exchange Commission indicates that during the third quarter, the company’s stock holdings of Amcor plc (NYSE: AMCR) were reduced by 61.8%. Following the completion of a transaction in which 57,497 shares were sold during the most recent fiscal quarter, the corporation currently holds a total of 35,560 shares. At the end of the most recent fiscal quarter that was just finished, NorthRock Partners LLC had a stake in Amcor worth $382,000 in their possession.
Recently, several prominent investors have altered the interests they currently hold in the company due to recent transactions. The value of Hexagon Capital Partners LLC’s investment in Amcor rose by 1,680.9% during the second quarter of this year. Hexagon Capital Partners LLC now has a total of 2,422 shares of the company’s stock, currently valued at $30,000, after purchasing an additional 2,286 shares during the period in question. During the second quarter of the fiscal year, First Horizon Advisors Inc. increased the percentage of Amcor stock owned by 81.2 percent. First Horizon Advisors Inc. now has 3,076 shares after purchasing an additional 1,378 shares during the previous period. Each share of the company is currently worth $37,000, and the company’s shares are currently worth a total of $37,000. Clear Street Markets LLC increased its ownership of Amcor by 406.6 percent during the second quarter by purchasing additional company shares. Because it purchased an additional 2,521 shares during the relevant period, Clear Street Markets LLC now has 3,141 shares. These shares have a value of $39,000, and Clear Street Markets LLC owns the company’s stock. During the second quarter, CX Institutional established a new position in Amcor valued at $52,000. And finally, during the second quarter, Concord Wealth Partners accomplished an increase of 23.4% in the amount of Amcor stock it owned. The newly acquired 882 shares are included in the calculation of the value of Concord Wealth Partners’ current holdings in the company’s stock, which comes to $58,000. This brings the total number of shares the firm owns to 4,656, bringing the total value of those holdings to $58,000. To the tune of 46.79 percent of the company’s shares, institutional investors and hedge funds are the proud owners of those shares.
When trading started on Tuesday, the price of a share of Amcor stock was $12.13. The company has had a moving average of $12.04 for the past 50 days, and the moving average for the past 200 days is $11.98, respectively. The value of the current ratio comes in at 1.27, while the value of the quick ratio comes in at 0.71, and the value of the debt-to-equity ratio comes in at 1.73. The stock trades at a price-to-earnings ratio of 21.66, a price-to-earnings-to-growth ratio of 3.92, and a beta value of 0.79. The market capitalization of the company is $18.6 billion. The company has a price-to-earnings ratio of 3.92, which is a very healthy number. During the last year, Amcor plc’s share price ranged from a record high of $13.60 to a record low of $10.42.
The most recent company to report its earnings was Amcor (NYSE: AMCR), which did so on November 1, making it the most recent company to do so. The company was the most recent one to report its quarterly earnings, which came in at $0.18 per share, making it the most recent company to do so. The company’s quarterly earnings came in at $0.18 per share, which was $0.05 less than the consensus estimate of $0.19 per share. According to various estimates provided by analysts, the current quarter’s revenue could fall between $3.58 billion and $3.71 billion. Amcor had a return on equity of 28.47%, and the company’s net margin was 5.63%. [Citation needed] Amcor plc is expected to generate earnings of $0.78 per share during the current fiscal year, according to the consensus among financial experts.
In addition, the corporation has just announced and paid out a quarterly dividend, which was done so on Tuesday, December 13. On Wednesday, November 23, 2018, shareholders who had their information “recorded” received a $0.1225 dividend payment per share. This payment was made. On November 22, a Tuesday, the dividend was disbursed to shareholders. This event took place. The dividend payment that Amcor made in the past, which was $0.12 per quarter, has been raised to the current amount. When calculated annually, this results in a dividend yield of 4.04% and a dividend payment of $0.49. Amcor’s dividend payout ratio (DPR) is currently set at 87.50 percent as of this writing.
A company insider named Louis Fred Stephan sold 497,022 shares of the company’s stock on November 22. The following are examples of additional recent news: The total value of the company’s stock that changed hands was $5,954,323.56, with each share changing hands for an average price of $11.98. Following the completion of the sale, the corporate insider will then directly own 112,464 shares of the company. The current market price of these shares is $1,347,318.72. You will be taken to the legal file presented to the Securities and Exchange Commission if you click the link. In this file, the transaction is described in greater detail. According to reports from other news outlets, on November 22, a company insider named Louis Fred Stephan sold a total of 497,022 shares of Amcor stock. The total value of the stock sold was $5,954,323.56, and the price received for each share, on average, was $11.98. Following the conclusion of the transaction, the company insider now directly owns 112,464 shares of the company, which have a combined value of $1,347,318.72. The Securities and Exchange Commission was given legal documents about the transaction, which were subsequently uploaded to the SEC website after being provided to the SEC. In addition, on Monday, December 12, Nicholas T. Long, currently serving as a director for Amcor, sold 5,372 shares of the company’s stock. With a price of $12.40 per share on average, a total of $66,612,80.80 worth of the stock was traded, resulting in revenue for the company. After the completion of the transaction, the director will have 29,769 shares of the company. Based on the current market price, the director’s total holdings are estimated to be worth $369,135.60. Disclosures that are related to the sale might be found in this section of the website. Insiders of the company have sold 1,081,955 shares of company stock over the past three months, bringing in total revenue of $13,145,237. The company’s management and employees collectively own 0.61% of the company’s total shares of stock.
AMCR has been a topic of discussion at a few different brokerages over the past few weeks. The Street raised Amcor’s rating from its previous designation of “c+” to “b-” based on the findings of a research study that was made available to the general public on Thursday, November 10. This past Thursday, October 13, Bank of America changed its recommendation for Amcor from “underperform” to “buy,” reflecting the company’s confidence in its potential future performance. The following are the recommendations that research analysts currently have for the stock: four hold ratings, two buy ratings, one sell rating, and three hold ratings. According to Bloomberg.com, the stock is currently rated “Hold” on average, and analysts have set a consensus price target of $12.15. Both of these pieces of information refer to the stock.