Ball Co. (NYSE:BLL) VP Scott C. Morrison sold 2,225 shares of the stock in a transaction that occurred on Thursday, April 19th. The shares were sold at an average price of $41.18, for a total value of $91,625.50. Following the sale, the vice president now directly owns 408,256 shares of the company’s stock, valued at approximately $16,811,982.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of BLL stock opened at $40.67 on Friday. Ball Co. has a 52 week low of $35.60 and a 52 week high of $43.24. The firm has a market capitalization of $14,340.08, a P/E ratio of 20.16, a price-to-earnings-growth ratio of 3.23 and a beta of 0.85. The company has a quick ratio of 0.54, a current ratio of 0.92 and a debt-to-equity ratio of 1.61.

Ball (NYSE:BLL) last announced its quarterly earnings results on Wednesday, February 7th. The industrial products company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08. Ball had a return on equity of 19.24% and a net margin of 3.63%. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter last year, the firm posted $0.44 earnings per share. The firm’s revenue was up 8.9% on a year-over-year basis. sell-side analysts anticipate that Ball Co. will post 2.3 EPS for the current fiscal year.

A number of research firms have recently weighed in on BLL. Zacks Investment Research lowered Ball from a “buy” rating to a “hold” rating in a research note on Friday, April 13th. ValuEngine lowered Ball from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. TheStreet raised Ball from a “c+” rating to a “b-” rating in a research note on Tuesday, March 6th. KeyCorp raised Ball from an “underweight” rating to a “sector weight” rating in a research note on Monday, February 12th. Finally, Citigroup raised Ball from a “neutral” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Wednesday, January 17th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. Ball currently has a consensus rating of “Hold” and a consensus target price of $45.38.

A number of institutional investors and hedge funds have recently bought and sold shares of BLL. Tower Research Capital LLC TRC bought a new position in Ball in the fourth quarter worth $121,000. Calton & Associates Inc. bought a new position in Ball in the fourth quarter worth $125,000. Benjamin F. Edwards & Company Inc. raised its holdings 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 worth $147,000 after purchasing an additional 1,500 shares in the last quarter. Dupont Capital Management Corp bought a new position in Ball in the fourth quarter worth $164,000. Finally, Evermay Wealth Management LLC bought a new position in Ball in the fourth quarter worth $226,000. Institutional investors and hedge funds own 88.70% of the company’s stock.

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Ball Company Profile

Ball Corporation supplies metal packaging products to the beverage, food, personal care, and household products industries. It operates in five segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; Food and Aerosol Packaging; and Aerospace.

Insider Buying and Selling by Quarter for Ball (NYSE:BLL)

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