Crown Holdings (CCK) : Campbell Co Investment Adviser added new position in Crown Holdings during the most recent quarter end. The investment management firm now holds 8,952 shares of Crown Holdings which is valued at $479,648 , the company said in a statement filed on May 2, 2016 with the SEC.Crown Holdings makes up approximately 1.75% of Campbell Co Investment Adviser’s portfolio.
Crown Holdings (CCK) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $53.59 and reached the intraday high at $53.81. The bulls started the profit booking and pushed the shares to intraday low of $53.27. The trading session was marked by a volume range of 9,08,970 shares exchanging hands. The 52-week high of the shares is $57.08 and the 52-week low is $43.3. The market cap of the company stands at $7,473 M and there are 13,94,77,290 shares in public circulation.
Other Hedge Funds, Including , Wedge Capital Management L L Pnc boosted its stake in CCK in the latest quarter, The investment management firm added 12,531 additional shares and now holds a total of 172,011 shares of Crown Holdings which is valued at $9,216,349. Crown Holdings makes up approx 0.10% of Wedge Capital Management L L Pnc’s portfolio. Winfield Associates added CCK to its portfolio by purchasing 80 company shares during the most recent quarter which is valued at $4,237.Wealthtrust-arizona reduced its stake in CCK by selling 3 shares or 0.62% in the most recent quarter. The Hedge Fund company now holds 479 shares of CCK which is valued at $25,368. Crown Holdings makes up approx 0.02% of Wealthtrust-arizona’s portfolio.Davenport Co reduced its stake in CCK by selling 13,700 shares or 69.19% in the most recent quarter. The Hedge Fund company now holds 6,100 shares of CCK which is valued at $323,056. Crown Holdings makes up approx 0.01% of Davenport Co’s portfolio.New York State Teachers Retirement System reduced its stake in CCK by selling 2,600 shares or 21.67% in the most recent quarter. The Hedge Fund company now holds 9,400 shares of CCK which is valued at $508,634.
On the company’s financial health, Crown Holdings reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $0.62. The company had revenue of $1893.00 million for the quarter, compared to analysts expectations of $2031.69 million. The company’s revenue was down -5.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.53 EPS.
Many Wall Street Analysts have commented on Crown Holdings. Crown Holdings was Upgraded by BofA/Merrill to ” Buy” on Feb 19, 2016.
Crown Holdings Inc. is engaged in design manufacture and sale of packaging products for consumer goods. The Company’s business is organized within three divisions Americas Europe and Asia Pacific. Within each Division the Company is organized along product lines. Within the Americas Division the Company operates Americas Beverage and North America Food. Within the European Division the Company operates European Beverage and European Food. The Company’s Asia Pacific Division consists of beverage can operations and also includes the Company’s non-beverage can operations such as food cans and specialty packaging. The Company also operates European aerosol and specialty packaging business its North American aerosol can business and its tooling and equipment operations in the United States and United Kingdom. The Company’s products include steel and aluminum cans for food beverage household and other consumer products and metal vacuum closures and caps.