WestRock Co (WRK) : Wcg Management has sold out all of its stake in WestRock Co during the most recent quarter, according to the disclosure filed by the company on Aug 1, 2016 with the SEC. The investment management company has sold out 62,400 shares of WestRock Co which is valued at $2,617,680.
Other Hedge Funds, Including , Agf Investments boosted its stake in WRK in the latest quarter, The investment management firm added 69,763 additional shares and now holds a total of 537,697 shares of WestRock Co which is valued at $22,556,389. WestRock Co makes up approx 0.25% of Agf Investments’s portfolio.Cornerstone Advisors boosted its stake in WRK in the latest quarter, The investment management firm added 42 additional shares and now holds a total of 134 shares of WestRock Co which is valued at $5,794. WestRock Co makes up approx 0.01% of Cornerstone Advisors’s portfolio.Robeco Institutional Asset Management B.v. reduced its stake in WRK by selling 7,707 shares or 42.53% in the most recent quarter. The Hedge Fund company now holds 10,416 shares of WRK which is valued at $449,242. Carroll Financial Associates sold out all of its stake in WRK during the most recent quarter. The investment firm sold 22 shares of WRK which is valued $959.
WestRock Co opened for trading at $42.43 and hit $44.99 on the upside on Thursday, eventually ending the session at $43.72, with a gain of 4.22% or 1.77 points. The heightened volatility saw the trading volume jump to 38,75,962 shares. Company has a market cap of $11,044 M.
On the company’s financial health, WestRock Co reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.66. The company had revenue of $3596.50 million for the quarter, compared to analysts expectations of $3698.46 million. The company’s revenue was down -2.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.15 EPS.
WestRock Company formerly Rome-Milan Holdings Inc. is a packaging company. The Company provides paper and packaging solutions in consumer and corrugated markets. The Company includes customers across the world from around 275 operating and business locations spanning North America South America Europe and Asia-Pacific. The Company’s products and services include consumer packaging corrugated packaging merchandising displays containerboard kraft paper pulp paperboard recycling and waste solutions and specialty paperboard. The Company’s consumer packaging includes the manufacturing of folding cartons and production of coated paperboard and serves markets such as printing and converting solid bleached sulfate and coated recycled board. Its corrugated packaging is engaged in the manufacturing of containerboard containers pre-print and microflute packaging retail displays and automated packaging systems. Rock-Tenn Company is a subsidiary of WestRock Co.