Ball Corporation (NYSE:BLL) is expected to pay $0.13 on Dec 15, 2016. The indicated annual dividend is $0.52. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Ball Corporation’s current price of $77.05, the dividend is 0.17%. This dividend’s record date is Dec 1, 2016 and the announcement date is Oct 27, 2016. The stock decreased 0.79% or $0.61 on November 25, hitting $77.05. Ball Corporation (NYSE:BLL) has risen 3.15% since April 25, 2016 and is uptrending. It has underperformed by 2.87% the S&P500.
Ball Corporation is a supplier of metal packaging to the beverage, food, personal care and household products industries. The company has a market cap of $13.36 billion. The Company’s packaging products are produced for a range of end uses and are manufactured in facilities around the world. It has a 42.21 P/E ratio. The Firm operates in four divisions: metal beverage packaging, Americas and Asia; metal beverage packaging, Europe; metal food and household products packaging, and aerospace and technologies.
Insitutional Activity: The institutional sentiment decreased to 1.32 in 2016 Q2. Its down 0.14, from 1.46 in 2016Q1. The ratio dived, as 36 funds sold all Ball Corporation shares owned while 104 reduced positions. 45 funds bought stakes while 159 increased positions. They now own 129.58 million shares or 10.47% more from 117.30 million shares in 2016Q1.
Adage Ptnrs Gp Ltd Liability Com reported 259,720 shares or 0.05% of all its holdings. Moreover, Putnam Invests Limited Liability Company has 0.18% invested in Ball Corporation (NYSE:BLL) for 1.02 million shares. The Massachusetts-based Geode Capital Management Ltd has invested 0.05% in Ball Corporation (NYSE:BLL). Hap Trading Llc has invested 1.35% of its portfolio in Ball Corporation (NYSE:BLL). Security National owns 800 shares or 0.02% of their US portfolio. Bluecrest Management accumulated 0.5% or 168,175 shares. Principal Fincl Group Inc Inc has 0.03% invested in the company for 264,144 shares. Kbc Group Inc Nv last reported 18,792 shares in the company. The New York-based Fred Alger Mngmt has invested 0.15% in Ball Corporation (NYSE:BLL). Sunbelt has 264 shares for 0% of their US portfolio. Profund Ltd Liability has 0.02% invested in the company for 4,787 shares. The Ontario – Canada-based Cibc Asset Mngmt Inc has invested 0.01% in Ball Corporation (NYSE:BLL). Locust Wood Capital Advisers Ltd Liability, a New York-based fund reported 358,173 shares. Natl Pension last reported 0.07% of its portfolio in the stock. Balyasny Asset Mngmt Limited Liability holds 0.01% of its portfolio in Ball Corporation (NYSE:BLL) for 19,361 shares.
Insider Transactions: Since August 8, 2016, the stock had 12 insider purchases, and 2 sales for $1.79 million net activity. 2,400 shares with value of $190,337 were bought by HAYES JOHN A on Monday, August 8. $242,190 worth of Ball Corporation (NYSE:BLL) shares were bought by HEINRICH DANIEL J. 3,000 shares were bought by Mariani Pedro Henrique, worth $240,540. NELSON GEORGIA R bought 3,000 shares worth $240,909. $240,310 worth of shares were bought by CAVE MICHAEL J on Monday, August 8. Bouts Erik bought $794,139 worth of stock or 10,000 shares. FIEDLER HANNO C bought $237,960 worth of stock or 3,000 shares.
Ball Corporation (NYSE:BLL) Ratings Coverage
Out of 7 analysts covering Ball Corporation (NYSE:BLL), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. $94 is the highest target while $69 is the lowest. The $82 average target is 6.42% above today’s ($77.05) stock price. Ball Corporation has been the topic of 12 analyst reports since October 15, 2015 according to StockzIntelligence Inc. Jefferies upgraded Ball Corporation (NYSE:BLL) on Wednesday, December 9 to “Buy” rating. Citigroup initiated it with “Neutral” rating and $77 target price in Friday, July 29 report. The rating was upgraded by Wells Fargo to “Outperform” on Thursday, December 3. The stock of Ball Corporation (NYSE:BLL) earned “Outperform” rating by Macquarie Research on Tuesday, November 10. The firm has “Buy” rating by Jefferies given on Friday, August 5. Citigroup maintained Ball Corporation (NYSE:BLL) rating on Friday, August 5. Citigroup has “Neutral” rating and $80 price target. JP Morgan upgraded it to “Overweight” rating and $79 target price in Thursday, March 31 report. The stock of Ball Corporation (NYSE:BLL) earned “Hold” rating by Vertical Research on Friday, August 5. The firm earned “Equal-Weight” rating on Thursday, July 14 by Barclays Capital.
More important recent Ball Corporation (NYSE:BLL) news were published by: Prnewswire.com which released: “Ball Corporation Wins Aerosol Packaging Award for Innovative ReAlâ„¢ Canmaking” on November 09, 2016, also Prnewswire.com published article titled: “Ball Corporation to Present at R.W. Baird 2016 Global Industrial Conference”, Nasdaq.com published: “Ball Corporation (BLL) Surpasses Q3 Earnings, Revenues Lag” on November 03, 2016. More interesting news about Ball Corporation (NYSE:BLL) was released by: Zacks.com and their article: “Ball Corporation (BLL) Q3 Earnings: A Surprise in Store?” with publication date: November 01, 2016.
BLL Company Profile
Ball Corporation (Ball), incorporated on December 19, 1922, 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. The Firm operates in four divisions: metal beverage packaging, Americas and Asia; metal beverage packaging, Europe; metal food and household products packaging, and aerospace and technologies. The Company’s product lines include aluminum and steel beverage containers. The Firm also produces steel food, aerosol, paint, general line and decorative specialty containers, as well as extruded aluminum aerosol and beverage containers and aluminum slugs. The Firm sells its packaging products to multinational beverage, food, personal care and household products companies. The Company’s aerospace business is engaged in the designing, development and manufacturing of aerospace systems for civil, commercial and national security aerospace markets. It produces spacecraft, instruments and sensors, radio frequency systems and components, data exploitation solutions and a range of aerospace technologies and products.
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