Diversified Trust Co decreased its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 28.9% during the 4th quarter, Holdings Channel reports. The firm owned 28,562 shares of the industrial products company’s stock after selling 11,635 shares during the quarter. Diversified Trust Co’s holdings in Crown were worth $1,607,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Toronto Dominion Bank lifted its holdings in Crown by 12.1% in the second quarter. Toronto Dominion Bank now owns 1,715 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 185 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of Crown by 40.6% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,988 shares of the industrial products company’s stock valued at $179,000 after purchasing an additional 863 shares in the last quarter. First Republic Investment Management Inc. bought a new position in shares of Crown during the 3rd quarter valued at $205,000. Oakbrook Investments LLC bought a new position in shares of Crown during the 3rd quarter valued at $207,000. Finally, ETRADE Capital Management LLC bought a new position in shares of Crown during the 3rd quarter valued at $223,000. 90.02% of the stock is currently owned by institutional investors and hedge funds.

Crown Holdings, Inc. (NYSE CCK) traded up $0.56 during trading hours on Friday, hitting $57.85. 378,183 shares of the stock traded hands, compared to its average volume of 2,647,625. Crown Holdings, Inc. has a one year low of $51.76 and a one year high of $62.27. The company has a debt-to-equity ratio of 4.60, a quick ratio of 0.57 and a current ratio of 1.04. The company has a market cap of $7,730.00, a P/E ratio of 16.53, a price-to-earnings-growth ratio of 1.87 and a beta of 1.42.

Crown (NYSE:CCK) last issued its earnings results on Wednesday, October 18th. The industrial products company reported $1.41 earnings per share for the quarter, meeting the consensus estimate of $1.41. Crown had a net margin of 5.64% and a return on equity of 60.44%. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.39 billion. During the same period in the previous year, the business earned $1.33 EPS. The firm’s revenue was up 6.1% on a year-over-year basis. research analysts forecast that Crown Holdings, Inc. will post 4.03 EPS for the current fiscal year.

CCK has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Crown from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a report on Thursday, September 21st. KeyCorp restated a “hold” rating on shares of Crown in a report on Tuesday, October 3rd. Wells Fargo & Co raised their price target on shares of Crown from $57.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, October 20th. Barclays raised their price target on shares of Crown from $69.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, October 20th. Finally, UBS Group began coverage on shares of Crown in a report on Wednesday, November 29th. They issued a “neutral” rating and a $65.00 target price on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $64.27.

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Crown Profile

Crown Holdings, Inc is engaged in the design, manufacture and sale of packaging products for consumer goods. The Company’s business is organized within three divisions: Americas, Europe and Asia Pacific. Within each division, the Company is organized along product lines. The Company’s segments within the Americas Division are Americas Beverage and North America Food.

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Institutional Ownership by Quarter for Crown (NYSE:CCK)

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