Ball Co. (NYSE:BLL) SVP Lisa Ann Pauley sold 18,660 shares of Ball stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $39.44, for a total value of $735,950.40. Following the sale, the senior vice president now owns 122,208 shares in the company, valued at $4,819,883.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Lisa Ann Pauley also recently made the following trade(s):
- On Thursday, February 15th, Lisa Ann Pauley sold 7,017 shares of Ball stock. The stock was sold at an average price of $38.89, for a total value of $272,891.13.
Shares of Ball Co. (NYSE BLL) traded up $0.18 on Friday, hitting $39.73. The stock had a trading volume of 1,643,570 shares, compared to its average volume of 3,707,815. The firm has a market cap of $13,701.18, a price-to-earnings ratio of 35.31, a price-to-earnings-growth ratio of 3.09 and a beta of 0.97. The company has a current ratio of 0.92, a quick ratio of 0.55 and a debt-to-equity ratio of 1.60. Ball Co. has a one year low of $35.60 and a one year high of $43.24.
Ball (NYSE:BLL) last issued its earnings results on Wednesday, February 7th. The industrial products company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.52 by $0.08. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.64 billion. Ball had a return on equity of 19.20% and a net margin of 3.63%. The business’s revenue was up 8.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 EPS. sell-side analysts forecast that Ball Co. will post 2.3 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.40 annualized dividend and a dividend yield of 1.01%. Ball’s payout ratio is 35.71%.
A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its position in Ball by 0.9% during the 4th quarter. BlackRock Inc. now owns 21,323,444 shares of the industrial products company’s stock valued at $807,092,000 after purchasing an additional 196,683 shares during the period. JPMorgan Chase & Co. boosted its position in Ball by 1.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,182,399 shares of the industrial products company’s stock valued at $628,855,000 after purchasing an additional 246,397 shares during the period. Iridian Asset Management LLC CT boosted its position in Ball by 25.8% during the 3rd quarter. Iridian Asset Management LLC CT now owns 7,871,056 shares of the industrial products company’s stock valued at $325,075,000 after purchasing an additional 1,613,246 shares during the period. Janus Henderson Group PLC boosted its position in Ball by 3.4% during the 3rd quarter. Janus Henderson Group PLC now owns 4,271,901 shares of the industrial products company’s stock valued at $176,431,000 after purchasing an additional 139,329 shares during the period. Finally, Bessemer Group Inc. boosted its position in Ball by 19.2% during the 3rd quarter. Bessemer Group Inc. now owns 4,074,776 shares of the industrial products company’s stock valued at $168,289,000 after purchasing an additional 656,667 shares during the period. Institutional investors and hedge funds own 88.53% of the company’s stock.
Several equities research analysts have issued reports on the company. KeyCorp restated a “hold” rating on shares of Ball in a report on Thursday, November 2nd. Robert W. Baird lifted their price objective on Ball from $45.00 to $47.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. BMO Capital Markets upgraded Ball from a “market perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a report on Monday, December 4th. TheStreet downgraded Ball from a “b-” rating to a “c+” rating in a report on Thursday, December 14th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a $48.00 price objective (up from $47.00) on shares of Ball in a report on Thursday, February 8th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $45.21.
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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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