Wrapmanager Inc. purchased a new stake in shares of Amcor plc (NASDAQ:AMCR) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,657 shares of the company’s stock, valued at approximately $226,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of AMCR. CENTRAL TRUST Co purchased a new stake in shares of Amcor in the second quarter worth about $28,000. Riverview Trust Co purchased a new stake in shares of Amcor in the second quarter worth about $34,000. American Research & Management Co. purchased a new stake in shares of Amcor in the second quarter worth about $35,000. Bessemer Group Inc. purchased a new stake in shares of Amcor in the second quarter worth about $49,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in shares of Amcor in the second quarter worth about $53,000.

AMCR stock opened at $9.95 on Thursday. The stock has a 50 day moving average of $10.97. Amcor plc has a 1-year low of $9.92 and a 1-year high of $11.77.

A number of equities research analysts have recently issued reports on the stock. Goldman Sachs Group assumed coverage on shares of Amcor in a report on Wednesday, June 12th. They issued a “sell” rating on the stock. Citigroup assumed coverage on shares of Amcor in a report on Thursday, June 20th. They issued a “buy” rating and a $13.00 price target on the stock.

Amcor Profile

Amcor plc develops, manufactures, and sells various packaging products for food, beverage, pharmaceutical, medical, home and personal care, and other products worldwide. It provides flexible packaging products, specialty cartons, plastic bottles and jars, and capsules and closures. The company is based in Bristol, the United Kingdom.

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Institutional Ownership by Quarter for Amcor (NASDAQ:AMCR)

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