November 23, 2016 - By Linda Rogers
Edward Perry is the director of Bemis Co Inc. He lately unloaded 1,561 shares in the company with the trade value amounting to $77,109 USD. The number is according to the SEC provided price of $49.4 for share. Mr. Edward currently owns 189,959 shares, accounting for 0.20% of Bemis Co Inc’s market cap.
Out of 12 analysts covering Bemis Company Inc. (NYSE:BMS), 1 rate it a “Buy”, 0 “Sell”, while 11 “Hold”. This means 8% are positive. $55 is the highest target while $42 is the lowest. The $50.38 average target is 0.14% above today’s ($50.31) stock price. Bemis Company Inc. has been the topic of 19 analyst reports since September 14, 2015 according to StockzIntelligence Inc. Citigroup upgraded Bemis Company, Inc. (NYSE:BMS) on Friday, January 8 to “Buy” rating. The firm earned “Neutral” rating on Friday, October 28 by Bank of America. The rating was initiated by Goldman Sachs with “Neutral” on Thursday, May 12. As per Tuesday, July 19, the company rating was maintained by Citigroup. The rating was maintained by Barclays Capital with “Equal Weight” on Monday, May 2. Barclays Capital upgraded Bemis Company, Inc. (NYSE:BMS) on Friday, January 8 to “Equal-Weight” rating. The rating was initiated by SunTrust on Wednesday, July 13 with “Buy”. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, February 19. The firm has “Hold” rating given on Friday, April 29 by Vertical Research. Jefferies maintained the stock with “Hold” rating in Thursday, July 14 report.
Insitutional Activity: The institutional sentiment decreased to 0.85 in Q2 2016. Its down 0.01, from 0.86 in 2016Q1. The ratio dived, as 31 funds sold all Bemis Company, Inc. shares owned while 127 reduced positions. 25 funds bought stakes while 111 increased positions. They now own 68.56 million shares or 10.69% less from 76.77 million shares in 2016Q1.
Barclays Public Lc has 13,348 shares for 0% of their US portfolio. Hbk Invests Ltd Partnership holds 4,700 shares or 0% of its portfolio. Blackrock has invested 0.01% of its portfolio in Bemis Company, Inc. (NYSE:BMS). Whittier Tru Of Nevada Incorporated has invested 0.07% of its portfolio in Bemis Company, Inc. (NYSE:BMS). Old Mutual (Uk) has 0% invested in the company for 271 shares. Guggenheim Ltd Com reported 222,308 shares or 0.04% of all its holdings. Dorsey And Whitney Ltd holds 1.82% or 154,184 shares in its portfolio. Park Natl Oh accumulated 0.11% or 32,112 shares. Eads And Heald Counsel has invested 0.48% of its portfolio in Bemis Company, Inc. (NYSE:BMS). Nationwide Fund holds 0.07% or 318,193 shares in its portfolio. Advantus Cap Incorporated, a Minnesota-based fund reported 11,467 shares. First Tru Advsr L P has 340,319 shares for 0.06% of their US portfolio. Bluemountain Mngmt Ltd Liability accumulated 7,678 shares or 0.01% of the stock. Moreover, Parametric Port Ltd Liability Co has 0.02% invested in Bemis Company, Inc. (NYSE:BMS) for 232,754 shares. Walleye Trading Ltd Llc reported 845 shares or 0% of all its holdings.
About 241,420 shares traded hands. Bemis Company, Inc. (NYSE:BMS) has declined 3.51% since April 21, 2016 and is downtrending. It has underperformed by 8.83% the S&P500.
Bemis Company, Inc. is a manufacturer of packaging products. The company has a market cap of $4.76 billion. The Firm operates through two business divisions: U.S. It has a 20.71 P/E ratio. Packaging and Global Packaging.
According to Zacks Investment Research, “Bemis Company, Inc. a principal manufacturer of flexible packaging products and pressure sensitive materials selling to customers throughout the United States, Canada, and Europe with a growing presence in Asia Pacific, South America, and Mexico. The primary market for its products is the food industry. Other markets include companies in chemical, agribusiness, medical, pharmaceutical, sanitary products, graphic industries, and other consumer goods.”
Analysts await Bemis Company, Inc. (NYSE:BMS) to report earnings on January, 26. They expect $0.67 earnings per share, up 11.67% or $0.07 from last year’s $0.6 per share. BMS’s profit will be $63.39M for 18.77 P/E if the $0.67 EPS becomes a reality. After $0.75 actual earnings per share reported by Bemis Company, Inc. for the previous quarter, Wall Street now forecasts -10.67% negative EPS growth.
More recent Bemis Company, Inc. (NYSE:BMS) news were published by: Plasticsnews.com which released: “Bemis Co. Inc. files offering for senior notes” on September 12, 2016. Also Moodys.com published the news titled: “Moody’s rates Bemis’ new unsecured notes, existing ratings unchanged” on September 08, 2016. Plasticsnews.com‘s news article titled: “First quarter brings challenging issues for Bemis Co. Inc.” with publication date: April 28, 2016 was also an interesting one.
Bemis Company, Inc., incorporated on May 18, 1885, is a maker of packaging products. The Firm operates through two business divisions: U.S. Packaging and Global Packaging. The Firm offers its products primarily to clients in the food industry. The Company’s other clients include companies operating in a range of businesses, including chemical, agribusiness, medical, pharmaceutical, personal care, electronics, construction and other consumer goods.
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By Linda Rogers