Libbey Inc. (LBY) Expected to Post Q4 2018 Earnings of $0.22 Per Share
Libbey Inc. (NYSEAMERICAN:LBY) – Analysts at Dougherty & Co issued their Q4 2018 earnings per share estimates for shares of Libbey in a research report issued on Thursday, November 8th. Dougherty & Co analyst J. Hamblin expects that the company will earn $0.22 per share for the quarter. Dougherty & Co has a “Buy” rating and a $12.00 price objective on the stock.
Shares of NYSEAMERICAN:LBY opened at $6.45 on Friday. Libbey has a 52 week low of $4.60 and a 52 week high of $11.54.
Institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company lifted its stake in shares of Libbey by 205.1% during the first quarter. The Manufacturers Life Insurance Company now owns 20,615 shares of the company’s stock worth $101,000 after purchasing an additional 13,859 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Libbey during the first quarter worth about $115,000. Bank of America Corp DE lifted its stake in shares of Libbey by 99.0% during the second quarter. Bank of America Corp DE now owns 19,208 shares of the company’s stock worth $156,000 after purchasing an additional 9,555 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Libbey during the third quarter worth about $165,000. Finally, Bank of Montreal Can lifted its stake in shares of Libbey by 695.4% during the second quarter. Bank of Montreal Can now owns 22,406 shares of the company’s stock worth $182,000 after purchasing an additional 19,589 shares in the last quarter.
Libbey Company Profile
Libbey Inc designs, produces, and sells tableware and other products worldwide. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and other items; storage ware; serve ware; bakeware; handmade glass tableware; and other components for original equipment manufacturers, such as blender jars and mixing bowls.
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