NumerixS Investment Technologies Inc Has $154,000 Stake in Bemis Company, Inc. (NYSE:BMS)

NumerixS Investment Technologies Inc increased its position in Bemis Company, Inc. (NYSE:BMS) by 250.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,800 shares of the industrial products company’s stock after purchasing an additional 2,000 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Bemis were worth $154,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc raised its holdings in Bemis by 0.6% in the 3rd quarter. Vanguard Group Inc now owns 9,177,852 shares of the industrial products company’s stock valued at $446,043,000 after acquiring an additional 50,396 shares in the last quarter. Rhumbline Advisers raised its holdings in Bemis by 51.7% in the 4th quarter. Rhumbline Advisers now owns 235,915 shares of the industrial products company’s stock valued at $10,828,000 after acquiring an additional 80,450 shares in the last quarter. Dupont Capital Management Corp acquired a new position in Bemis in the 4th quarter valued at $275,000. M&T Bank Corp raised its holdings in Bemis by 6.4% in the 4th quarter. M&T Bank Corp now owns 10,096 shares of the industrial products company’s stock valued at $463,000 after acquiring an additional 607 shares in the last quarter. Finally, CIBC Private Wealth Group LLC acquired a new position in Bemis in the 4th quarter valued at $7,987,000. 72.13% of the stock is currently owned by institutional investors.

Shares of NYSE BMS opened at $57.25 on Friday. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 20.52, a P/E/G ratio of 2.63 and a beta of 0.82. The company has a quick ratio of 0.97, a current ratio of 1.93 and a debt-to-equity ratio of 1.12. Bemis Company, Inc. has a fifty-two week low of $40.86 and a fifty-two week high of $59.85.

Bemis (NYSE:BMS) last announced its quarterly earnings data on Monday, April 22nd. The industrial products company reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Bemis had a return on equity of 21.46% and a net margin of 5.62%. The company’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.63 EPS. As a group, equities research analysts forecast that Bemis Company, Inc. will post 3.01 EPS for the current fiscal year.

Several equities analysts have weighed in on the company. Zacks Investment Research cut Bemis from a “buy” rating to a “hold” rating in a report on Wednesday, April 10th. BMO Capital Markets cut Bemis from an “outperform” rating to a “market perform” rating in a report on Sunday, April 7th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $52.71.

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Bemis Profile

Bemis Company, Inc manufactures and sells packaging products in the United States, Brazil, other Americas, Europe, and the Asia-Pacific. It operates through three segments: U.S. Packaging, Latin America Packaging, and Rest of World Packaging. The company offers multilayer polymer, blown, and cast film structures; and injection molded and thermoformed plastic packaging products.

Further Reading: What is a Reverse Stock Split?

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Institutional Ownership by Quarter for Bemis (NYSE:BMS)

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