Ball Corporation (BLL) : Handelsbanken Fonder Ab scooped up 30,000 additional shares in Ball Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 365,000 shares of Ball Corporation which is valued at $25,524,450.Ball Corporation makes up approximately 1.01% of Handelsbanken Fonder Ab’s portfolio.
Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in BLL in the latest quarter, The investment management firm added 690 additional shares and now holds a total of 30,070 shares of Ball Corporation which is valued at $2,144,893. Ball Corporation makes up approx 0.06% of Capstone Asset Management Co’s portfolio.Dnb Asset Management As boosted its stake in BLL in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 20,330 shares of Ball Corporation which is valued at $1,456,035. Ball Corporation makes up approx 0.03% of Dnb Asset Management As’s portfolio. Spirit Of America Management Corpny sold out all of its stake in BLL during the most recent quarter. The investment firm sold 3,100 shares of BLL which is valued $222,022.
Ball Corporation closed down -0.1 points or -0.14% at $69.93 with 28,07,891 shares getting traded on Monday. Post opening the session at $69.89, the shares hit an intraday low of $68.68 and an intraday high of $69.99 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Ball Corporation reported $0.59 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus of $0.69. The company had revenue of $1756.00 million for the quarter, compared to analysts expectations of $1881.80 million. The company’s revenue was down -8.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.69 EPS.
Many Wall Street Analysts have commented on Ball Corporation. Barclays Resumed Ball Corporation on Jul 14, 2016 to “Equal Weight”, Price Target of the shares are set at $75.BofA/Merrill Resumed Ball Corporation on Jul 7, 2016 to “Buy”, Price Target of the shares are set at $80.
Ball Corporation (Ball) is a supplier of metal packaging to the beverage food personal care and household products industries. The Company operates in four segments. The metal beverage packaging Americas and Asia segment consists of operations in the United States Canada Brazil and the PRC which manufacture aluminum containers used in beverage packaging. . The metal beverage packaging Europe segment consists of operations in Europe which manufacture and sell metal beverage containers. The metal food and household products packaging segment consists of operations in the United States Europe Canada Mexico and Argentina that manufacture and sell metal food aerosol paint general line and extruded aluminum containers decorative specialty containers and aluminum slugs. The aerospace and technologies segment consists of the manufacture and sale of aerospace and other related products and services provided for the defense civil space and commercial space industries.