Ball SVP Lisa Ann Pauley Sells 12,960 Shares (BLL)
Ball (NYSE:BLL) SVP Lisa Ann Pauley unloaded 12,960 shares of the company’s stock on the open market in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $61.22, for a total transaction of $793,411.20. Following the transaction, the senior vice president now directly owns 36,506 shares of the company’s stock, valued at approximately $2,234,897. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Ball (NYSE:BLL) traded up 0.15% during mid-day trading on Monday, hitting $61.60. 434,472 shares of the company’s stock traded hands. Ball has a 52-week low of $41.52 and a 52-week high of $61.66. The stock has a 50-day moving average of $59.88 and a 200-day moving average of $54.80. The company has a market cap of $8.588 billion and a P/E ratio of 21.07.
Ball (NYSE:BLL) last released its earnings data on Thursday, May 1st. The company reported $0.81 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.69 by $0.12. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the company posted $0.58 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. On average, analysts predict that Ball will post $3.77 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Bank of America downgraded shares of Ball from a “buy” rating to a “neutral” rating in a research note on Friday, June 13th. They now have a $65.00 price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Ball from $62.00 to $66.00 in a research note on Tuesday, May 6th. Finally, analysts at Deutsche Bank raised their price target on shares of Ball from $53.00 to $60.00 in a research note on Monday, May 5th. They now have a “hold” rating on the stock. They noted that the move was a valuation call. Ten equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $57.36.
Ball Corporation (NYSE:BLL) is a supplier of metal packaging to the beverage, food, personal care and household products industries.
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