Ball Corporation (BLL) Shares Bought by Andra AP fonden

Andra AP fonden raised its stake in Ball Corporation (NYSE:BLL) by 80.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 27,400 shares of the industrial products company’s stock after purchasing an additional 12,200 shares during the period. Andra AP fonden’s holdings in Ball Corporation were worth $1,132,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its position in shares of Ball Corporation by 100.0% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,450 shares of the industrial products company’s stock worth $103,000 after purchasing an additional 1,225 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Ball Corporation by 5,297.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,483 shares of the industrial products company’s stock worth $104,000 after purchasing an additional 2,437 shares during the last quarter. American Research & Management Co. increased its position in shares of Ball Corporation by 100.0% in the 2nd quarter. American Research & Management Co. now owns 2,800 shares of the industrial products company’s stock worth $118,000 after purchasing an additional 1,400 shares during the last quarter. Korea Investment CORP increased its position in shares of Ball Corporation by 385.5% in the 2nd quarter. Korea Investment CORP now owns 3,083 shares of the industrial products company’s stock worth $130,000 after purchasing an additional 2,448 shares during the last quarter. Finally, Ledyard National Bank increased its position in shares of Ball Corporation by 520.0% in the 2nd quarter. Ledyard National Bank now owns 3,100 shares of the industrial products company’s stock worth $131,000 after purchasing an additional 2,600 shares during the last quarter. 87.88% of the stock is owned by institutional investors.

Ball Corporation (BLL) opened at $40.31 on Tuesday. Ball Corporation has a 1 year low of $35.65 and a 1 year high of $43.24. The company has a quick ratio of 0.66, a current ratio of 1.04 and a debt-to-equity ratio of 1.95. The company has a market cap of $13,995.22, a PE ratio of 21.44, a price-to-earnings-growth ratio of 3.73 and a beta of 1.00.

Ball Corporation (NYSE:BLL) last posted its earnings results on Thursday, November 2nd. The industrial products company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.07). Ball Corporation had a return on equity of 18.31% and a net margin of 2.13%. The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter last year, the company posted $0.48 EPS. Ball Corporation’s revenue for the quarter was up 5.7% on a year-over-year basis. sell-side analysts forecast that Ball Corporation will post 1.95 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.99%. The ex-dividend date is Thursday, November 30th. Ball Corporation’s dividend payout ratio (DPR) is 62.50%.

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BLL has been the subject of several research analyst reports. BidaskClub raised shares of Ball Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Zacks Investment Research downgraded shares of Ball Corporation from a “hold” rating to a “sell” rating in a research report on Monday, October 16th. Robert W. Baird reissued a “buy” rating and issued a $45.00 target price on shares of Ball Corporation in a research report on Thursday, October 12th. Deutsche Bank AG reissued a “buy” rating and issued a $47.00 target price (up previously from $44.00) on shares of Ball Corporation in a research report on Tuesday, July 18th. Finally, KeyCorp reissued a “hold” rating on shares of Ball Corporation in a research report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $44.88.

In other Ball Corporation news, SVP Lisa Ann Pauley sold 39,241 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $39.10, for a total value of $1,534,323.10. Following the completion of the transaction, the senior vice president now owns 108,905 shares in the company, valued at approximately $4,258,185.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman John A. Hayes sold 5,619 shares of the company’s stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of $41.98, for a total transaction of $235,885.62. The disclosure for this sale can be found here. In the last 90 days, insiders sold 78,408 shares of company stock valued at $3,132,105. 2.70% of the stock is owned by insiders.

Ball Corporation Company Profile

Ball Corporation is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company’s packaging products are produced for a range of end uses and are manufactured in facilities around the world. Its segments include beverage packaging, North and Central America; beverage packaging, South America; beverage packaging, Europe; food and aerosol packaging; aerospace, and other.

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Institutional Ownership by Quarter for Ball Corporation (NYSE:BLL)

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