Ball Co. (NYSE:BLL) VP Charles E. Baker sold 19,563 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $80.06, for a total transaction of $1,566,213.78. Following the sale, the vice president now directly owns 215,223 shares of the company’s stock, valued at $17,230,753.38. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

NYSE BLL traded down $0.55 on Tuesday, hitting $79.19. The stock had a trading volume of 1,932,287 shares, compared to its average volume of 2,338,262. Ball Co. has a one year low of $40.39 and a one year high of $80.66. The company has a quick ratio of 0.81, a current ratio of 1.10 and a debt-to-equity ratio of 1.94. The stock has a market cap of $26.44 billion, a price-to-earnings ratio of 36.00, a P/E/G ratio of 5.60 and a beta of 0.80. The company’s 50-day moving average is $73.27 and its two-hundred day moving average is $62.97.

Ball (NYSE:BLL) last posted its earnings results on Thursday, August 1st. The industrial products company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.01). Ball had a return on equity of 21.32% and a net margin of 4.54%. The firm had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the company posted $0.58 EPS. Ball’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, sell-side analysts anticipate that Ball Co. will post 2.58 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 3rd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Friday, August 30th. Ball’s dividend payout ratio (DPR) is 27.27%.

A number of brokerages recently weighed in on BLL. Vertical Research cut shares of Ball from a “hold” rating to a “sell” rating in a research report on Monday, July 8th. UBS Group increased their price objective on shares of Ball from $60.00 to $78.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. KeyCorp reiterated a “hold” rating on shares of Ball in a research note on Friday, August 2nd. Wells Fargo & Co lowered shares of Ball from an “outperform” rating to a “market perform” rating and increased their price objective for the stock from $68.00 to $72.00 in a research note on Monday, August 5th. Finally, ValuEngine lowered shares of Ball from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. Two analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. Ball currently has a consensus rating of “Hold” and an average target price of $63.46.

A number of hedge funds and other institutional investors have recently bought and sold shares of BLL. Geode Capital Management LLC lifted its position in Ball by 7.6% in the 4th quarter. Geode Capital Management LLC now owns 4,417,275 shares of the industrial products company’s stock worth $202,755,000 after buying an additional 311,457 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in shares of Ball in the first quarter valued at approximately $304,000. Meeder Asset Management Inc. acquired a new position in shares of Ball in the first quarter valued at approximately $72,000. IFM Investors Pty Ltd boosted its holdings in shares of Ball by 11.0% in the first quarter. IFM Investors Pty Ltd now owns 21,333 shares of the industrial products company’s stock valued at $1,234,000 after buying an additional 2,110 shares during the period. Finally, Brookstone Capital Management boosted its holdings in shares of Ball by 14.8% in the first quarter. Brookstone Capital Management now owns 5,489 shares of the industrial products company’s stock valued at $318,000 after buying an additional 706 shares during the period. Hedge funds and other institutional investors own 79.67% of the company’s stock.

Ball Company Profile

Ball Corp. provides metal packaging for beverages, foods and household products, and of aerospace and other technologies and services to commercial and governmental customers. It operates through the following business segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; Food and Aerosol Packaging; and Aerospace.

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

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