1 day Ago By ABMN Staff
American Century Companies Inc. cut its stake in shares of Pactiv Evergreen Inc. ( NASDAQ:PTVE – Free Report ) by 74.
3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 808,219 shares of the company’s stock after selling 2,334,686 shares during the quarter. American Century Companies Inc.
’s holdings in Pactiv Evergreen were worth $14,120,000 as of its most recent SEC filing. Several other hedge funds have also recently made changes to their positions in the company. Magnetar Financial LLC acquired a new stake in Pactiv Evergreen during the 4th quarter worth about $53,645,000.
Alpine Associates Management Inc. acquired a new stake in shares of Pactiv Evergreen during the fourth quarter worth about $14,325,000. Alberta Investment Management Corp purchased a new stake in Pactiv Evergreen in the fourth quarter valued at approximately $9,958,000.
Picton Mahoney Asset Management purchased a new stake in Pactiv Evergreen in the fourth quarter valued at approximately $6,426,000. Finally, Versor Investments LP acquired a new position in Pactiv Evergreen in the 4th quarter worth approximately $4,709,000. 22.
23% of the stock is owned by institutional investors and hedge funds. Pactiv Evergreen Stock Up 0.4 % PTVE opened at $18.
03 on Wednesday. The company has a fifty day moving average of $17.84 and a two-hundred day moving average of $15.
36. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of -19.
59, a PEG ratio of 1.47 and a beta of 1.24.
Pactiv Evergreen Inc. has a fifty-two week low of $8.83 and a fifty-two week high of $18.
03. The company has a debt-to-equity ratio of 3.26, a quick ratio of 1.
04 and a current ratio of 1.93. Wall Street Analyst Weigh In Get Our Latest Report on Pactiv Evergreen Pactiv Evergreen Company Profile ( Free Report ) Pactiv Evergreen Inc manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally.
It operates in two segments, Foodservice, and Food and Beverage Merchandising. The Foodservice segment offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. Read More Want to see what other hedge funds are holding PTVE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Pactiv Evergreen Inc. ( NASDAQ:PTVE – Free Report ). Receive News & Ratings for Pactiv Evergreen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pactiv Evergreen and related companies with MarketBeat.
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