Traders purchased shares of Ball Co. (NYSE:BLL) on weakness during trading hours on Monday following insider selling activity. $37.64 million flowed into the stock on the tick-up and $17.16 million flowed out of the stock on the tick-down, for a money net flow of $20.48 million into the stock. Of all equities tracked, Ball had the 31st highest net in-flow for the day. Ball traded down ($0.96) for the day and closed at $37.76Specifically, VP Scott C. Morrison sold 2,591 shares of Ball stock in a transaction on Friday, January 19th. The stock was sold at an average price of $38.62, for a total value of $100,064.42. Following the completion of the sale, the vice president now owns 390,052 shares of the company’s stock, valued at $15,063,808.24. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO James N. Peterson sold 1,349 shares of Ball stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $38.05, for a total value of $51,329.45. Following the completion of the sale, the chief operating officer now directly owns 38,008 shares of the company’s stock, valued at approximately $1,446,204.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,936 shares of company stock valued at $873,238. Company insiders own 2.70% of the company’s stock.

A number of brokerages recently weighed in on BLL. Citigroup upgraded Ball from a “neutral” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Wednesday, January 17th. Zacks Investment Research upgraded Ball from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. BMO Capital Markets upgraded Ball from a “market perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a report on Monday, December 4th. TheStreet cut Ball from a “b-” rating to a “c+” rating in a report on Thursday, December 14th. Finally, KeyCorp reiterated a “hold” rating on shares of Ball in a report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $45.00.

The firm has a market capitalization of $13,220.00, a P/E ratio of 51.03, a P/E/G ratio of 3.15 and a beta of 0.97. The company has a quick ratio of 0.66, a current ratio of 1.04 and a debt-to-equity ratio of 1.95.

Ball (NYSE:BLL) last issued its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.07). The company had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.91 billion. Ball had a return on equity of 18.31% and a net margin of 2.13%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.48 EPS. equities analysts forecast that Ball Co. will post 1.95 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of BLL. Garcia Hamilton & Associates LP DE lifted its stake in shares of Ball by 9.6% in the second quarter. Garcia Hamilton & Associates LP DE now owns 8,540 shares of the industrial products company’s stock worth $360,000 after acquiring an additional 746 shares in the last quarter. Chartwell Investment Partners LLC lifted its stake in shares of Ball by 5.0% in the third quarter. Chartwell Investment Partners LLC now owns 30,939 shares of the industrial products company’s stock worth $1,277,000 after acquiring an additional 1,485 shares in the last quarter. Aperio Group LLC lifted its stake in shares of Ball by 0.8% in the third quarter. Aperio Group LLC now owns 180,150 shares of the industrial products company’s stock worth $7,440,000 after acquiring an additional 1,492 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in shares of 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 worth $147,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Ball by 5.1% in the third quarter. Janney Montgomery Scott LLC now owns 31,447 shares of the industrial products company’s stock worth $1,299,000 after acquiring an additional 1,524 shares in the last quarter. Institutional investors own 89.60% of the company’s stock.

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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.

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