2 days Ago By ABMN Staff
Vanguard Group Inc. boosted its holdings in shares of Ranpak Holdings Corp. ( NYSE:PACK – Free Report ) by 2.
0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,543,196 shares of the company’s stock after buying an additional 49,102 shares during the period. Vanguard Group Inc.
’s holdings in Ranpak were worth $17,497,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. KLP Kapitalforvaltning AS purchased a new stake in Ranpak during the fourth quarter valued at about $42,000.
BNP Paribas Financial Markets boosted its holdings in Ranpak by 27.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,258 shares of the company’s stock valued at $93,000 after acquiring an additional 3,087 shares during the period.
SG Americas Securities LLC grew its position in Ranpak by 16.9% during the 4th quarter. SG Americas Securities LLC now owns 19,059 shares of the company’s stock worth $131,000 after acquiring an additional 2,758 shares during the last quarter.
Franklin Resources Inc. increased its stake in Ranpak by 15.6% in the 3rd quarter.
Franklin Resources Inc. now owns 28,900 shares of the company’s stock worth $183,000 after purchasing an additional 3,909 shares during the period. Finally, PNC Financial Services Group Inc.
lifted its position in Ranpak by 13.9% in the fourth quarter. PNC Financial Services Group Inc.
now owns 40,510 shares of the company’s stock valued at $279,000 after purchasing an additional 4,953 shares during the last quarter. 85.94% of the stock is currently owned by hedge funds and other institutional investors.
Ranpak Stock Performance Shares of Ranpak stock opened at $3.60 on Thursday. The stock has a market cap of $301.
00 million, a price-to-earnings ratio of -15.00 and a beta of 2.70.
The company has a debt-to-equity ratio of 0.71, a current ratio of 2.36 and a quick ratio of 2.
01. Ranpak Holdings Corp. has a 1 year low of $3.
46 and a 1 year high of $9.04. The firm’s 50-day moving average is $5.
81 and its 200 day moving average is $6.48. Analysts Set New Price Targets Check Out Our Latest Stock Analysis on Ranpak Ranpak Company Profile ( Free Report ) Ranpak Holdings Corp.
, together with its subsidiaries, provides product protection solutions and end-of-line automation solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands, as well as cold chain products, which are used to provide insulation for goods. See Also Want to see what other hedge funds are holding PACK? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Ranpak Holdings Corp. ( NYSE:PACK – Free Report ). Receive News & Ratings for Ranpak Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ranpak and related companies with MarketBeat.
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