Traders sold shares of Sealed Air Corp. (NYSE:SEE) on strength during trading on Tuesday. $23.18 million flowed into the stock on the tick-up and $58.03 million flowed out of the stock on the tick-down, for a money net flow of $34.85 million out of the stock. Of all equities tracked, Sealed Air Corp. had the 0th highest net out-flow for the day. Sealed Air Corp. traded up $0.41 for the day and closed at $46.74

Several analysts have commented on SEE shares. Zacks Investment Research downgraded Sealed Air Corp. from a “buy” rating to a “hold” rating in a research note on Monday, July 4th. Goldman Sachs Group Inc. restated a “buy” rating and issued a $59.00 price target on shares of Sealed Air Corp. in a research note on Wednesday, June 1st. SunTrust Banks Inc. assumed coverage on Sealed Air Corp. in a research note on Tuesday, July 12th. They issued a “buy” rating and a $54.00 price target on the stock. Citigroup Inc. upgraded Sealed Air Corp. from a “neutral” rating to a “buy” rating and raised their price target for the stock from $54.00 to $56.00 in a research note on Friday, July 15th. Finally, Jefferies Group restated a “hold” rating and issued a $45.00 price target on shares of Sealed Air Corp. in a research note on Friday, April 29th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $53.82.

The firm has a market cap of $9.19 billion and a price-to-earnings ratio of 26.65. The company’s 50 day moving average price is $47.13 and its 200-day moving average price is $46.61.

Sealed Air Corp. (NYSE:SEE) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01. During the same period in the previous year, the company posted $0.60 earnings per share. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.74 billion. The business’s revenue for the quarter was down 3.2% on a year-over-year basis. Equities analysts predict that Sealed Air Corp. will post $2.60 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, September 2nd will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Wednesday, August 31st.

Other institutional investors have modified their holdings of the company. Russell Frank Co increased its position in shares of Sealed Air Corp. by 88.9% in the fourth quarter. Russell Frank Co now owns 73,316 shares of the company’s stock worth $3,294,000 after buying an additional 34,506 shares during the last quarter. Atlantic Trust Group LLC increased its position in shares of Sealed Air Corp. by 9.7% in the fourth quarter. Atlantic Trust Group LLC now owns 25,930 shares of the company’s stock worth $1,157,000 after buying an additional 2,288 shares during the last quarter. Aberdeen Asset Management PLC UK increased its position in shares of Sealed Air Corp. by 12.8% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 47,672 shares of the company’s stock worth $2,452,000 after buying an additional 5,400 shares during the last quarter. RS Investment Management Co. LLC increased its position in shares of Sealed Air Corp. by 9.8% in the fourth quarter. RS Investment Management Co. LLC now owns 2,717,186 shares of the company’s stock worth $121,186,000 after buying an additional 241,762 shares during the last quarter. Finally, Marshall Wace LLP increased its position in shares of Sealed Air Corp. by 63.5% in the fourth quarter. Marshall Wace LLP now owns 582,129 shares of the company’s stock worth $25,963,000 after buying an additional 226,031 shares during the last quarter.

Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company’s segments are Food Care, Diversey Care, Product Care and Other (includes Corporate, Medical Applications and New Ventures businesses). The Food Care segment focuses on providing processors, retailers and food service operators a range of integrated system solutions.

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