1 week Ago By ABMN Staff
American Century Companies Inc. lifted its position in shares of O-I Glass, Inc. ( NYSE:OI – Free Report ) by 11.
9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 293,814 shares of the industrial products company’s stock after purchasing an additional 31,200 shares during the period. American Century Companies Inc.
’s holdings in O-I Glass were worth $3,185,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds also recently made changes to their positions in OI. Centiva Capital LP raised its position in O-I Glass by 83.
3% during the 3rd quarter. Centiva Capital LP now owns 36,250 shares of the industrial products company’s stock worth $476,000 after purchasing an additional 16,473 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of O-I Glass in the third quarter valued at about $148,000.
Barclays PLC raised its position in shares of O-I Glass by 349.3% during the third quarter. Barclays PLC now owns 261,161 shares of the industrial products company’s stock worth $3,427,000 after acquiring an additional 203,037 shares during the last quarter.
Geode Capital Management LLC lifted its stake in shares of O-I Glass by 1.1% in the third quarter. Geode Capital Management LLC now owns 3,568,443 shares of the industrial products company’s stock worth $46,827,000 after acquiring an additional 37,238 shares during the period.
Finally, Sanctuary Advisors LLC bought a new stake in O-I Glass in the third quarter valued at approximately $263,000. Institutional investors and hedge funds own 97.24% of the company’s stock.
O-I Glass Trading Down 6.1 % OI opened at $10.53 on Monday.
The company has a fifty day moving average price of $11.60 and a two-hundred day moving average price of $11.80.
O-I Glass, Inc. has a 1-year low of $9.85 and a 1-year high of $16.
19. The company has a market cap of $1.62 billion, a P/E ratio of -14.
82, a price-to-earnings-growth ratio of 0.24 and a beta of 0.98.
The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 3.
78. Analysts Set New Price Targets Several research analysts have issued reports on the stock. Citigroup lowered their price target on shares of O-I Glass from $12.
00 to $11.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Bank of America lifted their target price on shares of O-I Glass from $14.
00 to $15.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Wells Fargo & Company cut their price target on shares of O-I Glass from $18.
00 to $16.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $16.
00 price objective on shares of O-I Glass in a research report on Monday, March 17th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.
com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $15.38. View Our Latest Research Report on O-I Glass O-I Glass Company Profile ( Free Report ) O-I Glass, Inc, through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally.
The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. See Also Want to see what other hedge funds are holding OI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O-I Glass, Inc.
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