Cipher Capital LP Invests $1.01 Million in Bemis Company, Inc. (BMS) Stock

Street Talk

(NYSE:BMS) is performing -1.92%. The Business's products are sold to customers in the food industry.

A number of other institutional investors have also recently made changes to their positions in BMS. It increased, as 27 investors sold Bemis Company, Inc. shares while 130 reduced holdings. Currently, 46.05 million total shares are owned by the public and among those 41.5 million shares have been available to trade. Over the past five trading sessions it is 10.17%; 10.4% for the month; 6.33% for the last quarter; -4.03% for the past six-months; and -10.46% for the last 12 months. First Manhattan Co. increased its position in Bemis by 8.4% in the first quarter. Marshall Wace North America L.P. now owns 666,999 shares of the industrial products company's stock valued at $30,682,000 after acquiring an additional 621,350 shares in the last quarter. Cadence Capital Management LLC raised its holdings in shares of Bemis by 3.2% in the 2nd quarter. Advisory Services Network LLC acquired a new stake in shares of Bemis in the 1st quarter worth $116,000. Looking at this figure it suggests that the shares of Bemis Company, Inc. (NYSE BMS) opened at 46.90 on Friday. (NYSE:BMS) also making a striking appeal, share price swings at $42.67 with percentage change of -0.58% in most recent trading session. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 22.20 and a beta of 0.90. Bemis Company Inc. had 39 analyst reports since September 14, 2015 according to SRatingsIntel. Bemis Company, Inc. (NYSE:BMS) has declined 9.13% since September 8, 2016 and is downtrending. The industrial products company reported $0.48 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.08.

Among 16 analysts covering Bemis Company Inc. Next quarter's EPS is expected be $0.66 and the next full year EPS is anticipated to be $2.72. The business's revenue for the quarter was up.5% on a year-over-year basis.

Bemis Company, Inc. most recently reported earnings per share (EPS) of $0.48 for the June 2017 versus $0.67 in the same quarter past year, representing -28% growth. Additionally Bemis Company, Inc. declared a dividend paid on Friday the 1st of September 2017. Franklin Resources holds 1.85 million shares or 0.05% of its portfolio. The ex-dividend date was set for Tuesday the 15th of August 2017. A statistical measure of the dispersion of returns (volatility) for BMS producing salvation in Investors mouth, it has week volatility of 2.70% and for the month booked as 1.56%.

A number of brokerages have issued reports on BMS. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold.

In addition to BidaskClub reporting its stock price target, a total of 12 brokers have issued a research note on the company. The stock has "Hold" rating by KeyBanc Capital Markets on Thursday, June 1. UBS initiated the shares of BMS in report on Tuesday, July 25 with "Buy" rating. The analyst recommendations from a month ago are 7 Buy, 3 Overweight, 0 Sell, 12 Hold and 0 Underweight. (NYSE:BMS) latest ratings and price target changes. If you are viewing this report on another website, it was illegally stolen and reposted in violation of USA and global copyright and trademark legislation.

Bemis Company, a manufacturer of packaging products. That includes Amcor's continued investment globally in flexible packaging and the company's desire to grow "inorganically, including a bigger presence in the U.S". The U.S. Packaging segment represents food, consumer and industrial products packaging-related manufacturing operations in the United States. The insider, WEAVER PHILIP G, now holds 35,558 shares of BMS.



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