Ball Co. (NYSE:BLL) VP Scott C. Morrison sold 2,591 shares of the company’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $38.62, for a total transaction of $100,064.42. Following the transaction, the vice president now directly owns 390,052 shares of the company’s stock, valued at approximately $15,063,808.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Ball Co. (BLL) traded down $0.25 during midday trading on Friday, reaching $38.79. 3,354,400 shares of the company were exchanged, compared to its average volume of 3,111,183. The company has a market capitalization of $13,520.00, a PE ratio of 52.42, a P/E/G ratio of 3.18 and a beta of 0.97. Ball Co. has a twelve month low of $35.65 and a twelve month high of $43.24. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.66 and a current ratio of 1.04.
Ball (NYSE:BLL) last posted its earnings results on Thursday, November 2nd. The industrial products company reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.07). The business had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.91 billion. Ball had a net margin of 2.13% and a return on equity of 18.31%. The business’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.48 EPS. equities analysts predict that Ball Co. will post 1.95 EPS for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC increased its stake in Ball by 5,297.8% in the second quarter. Tower Research Capital LLC TRC now owns 2,483 shares of the industrial products company’s stock valued at $104,000 after acquiring an additional 2,437 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in Ball by 63.0% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 3,881 shares of the industrial products company’s stock valued at $147,000 after acquiring an additional 1,500 shares during the period. Howe & Rusling Inc. bought a new stake in Ball in the third quarter valued at about $182,000. Dai Ichi Life Insurance Company Ltd bought a new stake in Ball in the third quarter valued at about $209,000. Finally, DF Dent & Co. Inc. bought a new stake in Ball in the third quarter valued at about $224,000. 89.51% of the stock is currently owned by institutional investors and hedge funds.
COPYRIGHT VIOLATION WARNING: This news story was first reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of international copyright & trademark laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2018/01/19/ball-co-bll-vp-scott-c-morrison-sells-2591-shares.html.
Ball Company Profile
Ball Corporation is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company’s packaging products are produced for a range of end uses and are manufactured in facilities around the world. Its segments include beverage packaging, North and Central America; beverage packaging, South America; beverage packaging, Europe; food and aerosol packaging; aerospace, and other.
Receive News & Ratings for Ball Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ball and related companies with MarketBeat.com's FREE daily email newsletter.