2 weeks Ago By Defense World Staff
Commonwealth Equity Services LLC raised its position in Berry Global Group, Inc. ( NYSE:BERY – Free Report ) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC.
The fund owned 10,033 shares of the industrial products company’s stock after buying an additional 241 shares during the period. Commonwealth Equity Services LLC’s holdings in Berry Global Group were worth $649,000 as of its most recent filing with the SEC. Other hedge funds and other institutional investors have also recently modified their holdings of the company.
UMB Bank n.a. lifted its holdings in Berry Global Group by 89.
0% during the fourth 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 during the period. Steward Partners Investment Advisory LLC increased its position in shares of Berry Global Group by 3,569.6% during the 4th 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 during the last quarter. Venturi Wealth Management LLC raised its stake in shares of 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 purchasing an additional 876 shares during the period. Merit Financial Group LLC purchased a new position in shares of Berry Global Group in the 4th quarter worth about $200,000. Finally, Townsquare Capital LLC bought a new position in Berry Global Group during the third quarter valued at about $201,000.
Hedge funds and other institutional investors own 95.36% of the company’s stock. Analysts Set New Price Targets A number of research firms have weighed in on BERY.
StockNews.com started coverage on shares of Berry Global Group in a research note on Wednesday. They issued a “buy” rating on the stock.
Truist Financial upped their price objective on Berry Global Group from $74.00 to $76.00 and gave the company a “hold” rating in a research note on Monday, February 10th.
Finally, UBS Group raised their target price on Berry Global Group from $72.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th.
Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Berry Global Group has an average rating of “Hold” and an average price target of $74.
56. Berry Global Group Stock Performance NYSE:BERY opened at $68.84 on Friday.
The business’s fifty day moving average is $70.35 and its 200 day moving average is $68.72.
The firm has a market cap of $7.97 billion, a price-to-earnings ratio of 17.17, a PEG ratio of 1.
54 and a beta of 1.13. The company has a debt-to-equity ratio of 3.
35, a quick ratio of 1.09 and a current ratio of 1.61.
Berry Global Group, Inc. has a 52-week low of $55.24 and a 52-week high of $74.
24. Berry Global Group ( NYSE:BERY – Get Free Report ) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.
09 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.09.
The firm had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.35 billion.
Berry Global Group had a return on equity of 28.26% and a net margin of 3.99%.
The company’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.
22 earnings per share. Research analysts predict that Berry Global Group, Inc. will post 6.
25 EPS for the current year. Berry Global Group Announces Dividend The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given 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 1.80%. Berry Global Group’s dividend payout ratio (DPR) is currently 30.
92%. Berry Global Group Company Profile ( 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.
Recommended Stories Five stocks we like better than Berry Global Group Using the MarketBeat Dividend Yield Calculator Shares of RH Down Nearly 40%: Where Investors Can Turn To Now What is a support level? Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian 3 Monster Growth Stocks to Buy Now Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy? Want to see what other hedge funds are holding BERY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Berry Global Group, Inc. ( NYSE:BERY – Free Report ).
Receive News & Ratings for Berry Global Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berry Global Group and related companies with MarketBeat.com's FREE daily email newsletter ..
_0.jpg?itok=yAIF6nFK)
