Ball Corporation (NYSE:BLL) SVP Lisa Ann Pauley sold 37,984 shares of the stock in a transaction on Friday, July 28th. The shares were sold at an average price of $42.03, for a total value of $1,596,467.52. Following the transaction, the senior vice president now directly owns 108,905 shares of the company’s stock, valued at $4,577,277.15. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Lisa Ann Pauley also recently made the following trade(s):
- On Wednesday, June 14th, Lisa Ann Pauley sold 20,960 shares of Ball Corporation stock. The shares were sold at an average price of $41.48, for a total value of $869,420.80.
Shares of Ball Corporation (NYSE:BLL) traded up 0.27% during mid-day trading on Friday, hitting $40.16. The company had a trading volume of 1,659,275 shares. The company has a market capitalization of $14.13 billion, a P/E ratio of 56.96 and a beta of 0.95. The firm’s 50-day moving average price is $41.90 and its 200 day moving average price is $39.16. Ball Corporation has a one year low of $35.65 and a one year high of $43.06.
Ball Corporation (NYSE:BLL) last posted its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by $0.02. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.81 billion. Ball Corporation had a return on equity of 17.63% and a net margin of 1.70%. The business’s revenue was up 40.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.05 EPS. Analysts predict that Ball Corporation will post $2.03 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 1.00%. Ball Corporation’s dividend payout ratio is currently 78.43%.
A number of hedge funds have recently modified their holdings of the stock. State of Alaska Department of Revenue bought a new stake in shares of Ball Corporation during the first quarter worth $544,000. DnB Asset Management AS raised its stake in shares of Ball Corporation by 24.3% in the first quarter. DnB Asset Management AS now owns 18,930 shares of the industrial products company’s stock worth $1,406,000 after buying an additional 3,700 shares in the last quarter. Pinnacle Bank bought a new stake in shares of Ball Corporation during the first quarter worth $126,000. CWM LLC bought a new stake in shares of Ball Corporation during the first quarter worth $4,529,000. Finally, Bank of Montreal Can raised its stake in shares of Ball Corporation by 39.4% in the first quarter. Bank of Montreal Can now owns 158,111 shares of the industrial products company’s stock worth $11,741,000 after buying an additional 44,669 shares in the last quarter. Hedge funds and other institutional investors own 46.59% of the company’s stock.
Several equities research analysts have recently weighed in on BLL shares. ValuEngine lowered Ball Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Jefferies Group LLC reissued a “buy” rating and set a $47.00 price objective on shares of Ball Corporation in a research note on Sunday, June 25th. Zacks Investment Research lowered Ball Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. BidaskClub raised Ball Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $47.00 target price (up previously from $44.00) on shares of Ball Corporation in a research report on Tuesday, July 18th. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Ball Corporation currently has an average rating of “Hold” and a consensus price target of $44.05.
Ball Corporation Company Profile
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.
Receive News & Ratings for Ball Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ball Corporation and related companies with our FREE daily email newsletter.