2 weeks Ago By ABMN Staff
Renaissance Technologies LLC grew its stake in Ardagh Metal Packaging S.A. ( NYSE:AMBP – Free Report ) by 48.
7% in the second quarter, Holdings Channel.com reports. The institutional investor owned 1,325,132 shares of the company’s stock after buying an additional 433,700 shares during the quarter.
Renaissance Technologies LLC’s holdings in Ardagh Metal Packaging were worth $4,505,000 at the end of the most recent reporting period. Other institutional investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc.
MD grew its position in Ardagh Metal Packaging by 17.6% during the first quarter. Price T Rowe Associates Inc.
MD now owns 32,881 shares of the company’s stock valued at $113,000 after acquiring an additional 4,922 shares during the last quarter. Principal Financial Group Inc. boosted its position in Ardagh Metal Packaging by 34.
5% during the second quarter. Principal Financial Group Inc. now owns 19,521 shares of the company’s stock valued at $66,000 after buying an additional 5,009 shares during the period.
HB Wealth Management LLC grew its stake in shares of Ardagh Metal Packaging by 33.2% during the first quarter. HB Wealth Management LLC now owns 32,228 shares of the company’s stock valued at $111,000 after buying an additional 8,026 shares during the last quarter.
Keeley Teton Advisors LLC increased its holdings in shares of Ardagh Metal Packaging by 0.5% in the first quarter. Keeley Teton Advisors LLC now owns 1,695,498 shares of the company’s stock worth $5,816,000 after buying an additional 8,433 shares during the period.
Finally, Gabelli Funds LLC lifted its stake in shares of Ardagh Metal Packaging by 12.0% in the 1st quarter. Gabelli Funds LLC now owns 112,000 shares of the company’s stock valued at $384,000 after acquiring an additional 12,000 shares during the last quarter.
Institutional investors own 16.93% of the company’s stock. Wall Street Analyst Weigh In Several research firms recently issued reports on AMBP.
UBS Group lowered Ardagh Metal Packaging from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $5.00 to $3.75 in a research report on Wednesday, July 17th.
Citigroup cut their target price on shares of Ardagh Metal Packaging from $4.50 to $4.00 and set a “buy” rating on the stock in a report on Monday, July 8th.
Finally, Wells Fargo & Company upped their price target on shares of Ardagh Metal Packaging from $3.95 to $4.25 and gave the company an “equal weight” rating in a report on Friday, July 26th.
Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Ardagh Metal Packaging currently has an average rating of “Hold” and a consensus target price of $3.
67. Ardagh Metal Packaging Trading Up 0.5 % Shares of AMBP opened at $3.
74 on Friday. Ardagh Metal Packaging S.A.
has a 1-year low of $2.57 and a 1-year high of $4.17.
The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of -26.71, a PEG ratio of 0.
78 and a beta of 0.61. The firm’s 50-day moving average price is $3.
54 and its 200-day moving average price is $3.62. The company has a current ratio of 0.
95, a quick ratio of 0.66 and a debt-to-equity ratio of 124.21.
Ardagh Metal Packaging ( NYSE:AMBP – Get Free Report ) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.
05 by $0.01. Ardagh Metal Packaging had a positive return on equity of 114.
77% and a negative net margin of 1.02%. The business had revenue of $1.
26 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the firm posted $0.
04 EPS. The business’s revenue was up .3% on a year-over-year basis.
Sell-side analysts anticipate that Ardagh Metal Packaging S.A. will post 0.
16 EPS for the current year. Ardagh Metal Packaging Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th were issued a $0.
10 dividend. The ex-dividend date was Thursday, September 12th. This represents a $0.
40 dividend on an annualized basis and a yield of 10.70%. Ardagh Metal Packaging’s dividend payout ratio (DPR) is -285.
69%. Ardagh Metal Packaging Profile ( Free Report ) Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.
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