Bemis Company, Inc. (NYSE:BMS) is expected to pay $0.29 on Dec 1, 2016. The indicated annual dividend is $1.16. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Bemis Company, Inc.’s current price of $48.05, the dividend is 0.60%. This dividend’s record date is Nov 16, 2016 and the announcement date is Nov 4, 2016. The stock increased 0.73% or $0.35 on November 11, hitting $48.05. About 1.56 million shares traded hands or 113.32% up from the average. Bemis Company, Inc. (NYSE:BMS) has declined 6.43% since April 12, 2016 and is downtrending. It has underperformed by 11.41% the S&P500.
Bemis Company, Inc. is a manufacturer of packaging products. The company has a market cap of $4.54 billion. The Firm operates through two business divisions: U.S. It has a 19.78 P/E ratio. Packaging and Global Packaging.
Insitutional Activity: The institutional sentiment decreased to 0.86 in Q2 2016. Its down 0.32, from 1.18 in 2016Q1. The ratio is negative, as 31 funds sold all Bemis Company, Inc. shares owned while 127 reduced positions. 25 funds bought stakes while 111 increased positions. They now own 68.56 million shares or 10.69% less from 76.77 million shares in 2016Q1.
Victory Cap Mgmt has invested 0.28% of its portfolio in Bemis Company, Inc. (NYSE:BMS). Winfield Associates Inc holds 0% of its portfolio in Bemis Company, Inc. (NYSE:BMS) for 15 shares. Ig Investment Mngmt Limited accumulated 410,596 shares or 0.08% of the stock. Jacobs Levy Equity, a New Jersey-based fund reported 77,785 shares. Tower Rech Cap Ltd Liability Co (Trc) last reported 3,790 shares in the company. Old Mutual Global Invsts (Uk) Ltd has 271 shares for 0% of their US portfolio. Fifth Third National Bank last reported 0% of its portfolio in the stock. Voya Mgmt Ltd Llc last reported 32,392 shares in the company. Highland Capital Management Lc has invested 0.44% of its portfolio in Bemis Company, Inc. (NYSE:BMS). First Quadrant Ltd Partnership Ca holds 0.07% or 61,776 shares in its portfolio. Bbva Compass Bank & Trust Inc has 0.02% invested in the company for 5,049 shares. Winch Advisory Ser Ltd Liability last reported 0% of its portfolio in the stock. Financial Bank Of America Corp De holds 0.01% or 660,684 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has 2,686 shares for 0% of their US portfolio. Regentatlantic Llc accumulated 0.04% or 7,365 shares.
Bemis Company, Inc. (NYSE:BMS) Ratings Coverage
Out of 12 analysts covering Bemis Company Inc. (NYSE:BMS), 1 rate it a “Buy”, 0 “Sell”, while 11 “Hold”. This means 8% are positive. $55 is the highest target while $42 is the lowest. The $50.38 average target is 4.85% above today’s ($48.05) stock price. Bemis Company Inc. has been the topic of 19 analyst reports since September 14, 2015 according to StockzIntelligence Inc. SunTrust initiated the stock with “Buy” rating in Wednesday, July 13 report. Citigroup upgraded Bemis Company, Inc. (NYSE:BMS) on Friday, January 8 to “Buy” rating. Citigroup maintained it with “Neutral” rating and $55 target price in Tuesday, July 19 report. The stock of Bemis Company, Inc. (NYSE:BMS) earned “Neutral” rating by Goldman Sachs on Thursday, May 12. The stock has “Market Perform” rating given by BMO Capital Markets on Thursday, March 31. The firm earned “Neutral” rating on Friday, October 28 by Bank of America. Macquarie Research initiated it with “Neutral” rating and $45 target price in Tuesday, November 10 report. Jefferies maintained the shares of BMS in a report on Thursday, July 14 with “Hold” rating. The company was downgraded on Wednesday, April 6 by Citigroup. On Friday, January 8 the stock rating was upgraded by Barclays Capital to “Equal-Weight”.
More news for Bemis Company, Inc. (NYSE:BMS) were recently published by: Plasticsnews.com, which released: “Bemis Co. Inc. files offering for senior notes” on September 12, 2016. Moodys.com‘s article titled: “Moody’s rates Bemis’ new unsecured notes, existing ratings unchanged” and published on September 08, 2016 is yet another important article.
BMS Company Profile
Bemis Company, Inc., incorporated on May 18, 1885, is a maker of packaging products. The Firm operates through two business divisions: U.S. Packaging and Global Packaging. The Firm offers its products primarily to clients in the food industry. The Company’s other clients include companies operating in a range of businesses, including chemical, agribusiness, medical, pharmaceutical, personal care, electronics, construction and other consumer goods.
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