1 week Ago By ABMN Staff
Shares of Berry Global Group, Inc. ( NYSE:BERY – Get Free Report ) have been given a consensus rating of “Hold” by the nine analysts that are currently covering the stock, Marketbeat.com reports.
Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $74.56.
A number of equities analysts have issued reports on BERY shares. StockNews.com began coverage on Berry Global Group in a report on Thursday.
They set a “buy” rating on the stock. Truist Financial boosted their price objective on shares of Berry Global Group from $74.00 to $76.
00 and gave the company a “hold” rating in a report on Monday, February 10th. Finally, UBS Group increased their target price on shares of Berry Global Group from $72.00 to $73.
00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Get Our Latest Report on BERY Berry Global Group Trading Up 4.1 % Berry Global Group ( NYSE:BERY – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 4th.
The industrial products company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.
09. Berry Global Group had a return on equity of 28.26% and a net margin of 3.
99%. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.
35 billion. During the same quarter in the prior year, the business posted $1.22 EPS.
The firm’s quarterly revenue was up 2.2% on a year-over-year basis. On average, analysts predict that Berry Global Group will post 6.
25 EPS for the current year. Berry Global Group Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a dividend of $0.
31 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.
24 dividend on an annualized basis and a dividend yield of 1.85%. Berry Global Group’s payout ratio is presently 30.
92%. Institutional Investors Weigh In On Berry Global Group Several institutional investors have recently bought and sold shares of BERY. UMB Bank n.
a. grew its stake in shares of Berry Global Group by 89.0% during the 4th quarter.
UMB Bank n.a. now owns 650 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 306 shares in the last quarter.
Quadrant Capital Group LLC boosted its holdings in Berry Global Group by 28.8% during the fourth quarter. Quadrant Capital Group LLC now owns 738 shares of the industrial products company’s stock worth $48,000 after purchasing an additional 165 shares during the last quarter.
Steward Partners Investment Advisory LLC grew its position in Berry Global Group by 3,569.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 844 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 821 shares in the last quarter.
Venturi Wealth Management LLC lifted its position in Berry Global Group by 463.5% during the 4th quarter. Venturi Wealth Management LLC now owns 1,065 shares of the industrial products company’s stock worth $69,000 after buying an additional 876 shares in the last quarter.
Finally, Atlas Capital Advisors Inc. grew its holdings in shares of Berry Global Group by 7,390.9% in the 4th quarter.
Atlas Capital Advisors Inc. now owns 1,648 shares of the industrial products company’s stock valued at $107,000 after acquiring an additional 1,626 shares in the last quarter. Institutional investors own 95.
36% of the company’s stock. About Berry Global Group ( Get Free Report Berry Global Group, Inc manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.
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