Traders sold shares of Ball Co. (NYSE:BLL) on strength during trading on Tuesday. $14.83 million flowed into the stock on the tick-up and $53.21 million flowed out of the stock on the tick-down, for a money net flow of $38.38 million out of the stock. Of all stocks tracked, Ball had the 26th highest net out-flow for the day. Ball traded up $0.49 for the day and closed at $38.39

Several research analysts recently weighed in on BLL shares. UBS Group started coverage on Ball in a research report on Monday, October 23rd. They set a “buy” rating and a $50.00 price target on the stock. Robert W. Baird reissued a “buy” rating and set a $45.00 price target on shares of Ball in a research report on Thursday, October 12th. Vertical Research raised Ball from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Friday, December 15th. They noted that the move was a valuation call. TheStreet lowered Ball from a “b-” rating to a “c+” rating in a research report on Thursday, December 14th. Finally, Zacks Investment Research raised Ball from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. Ball has a consensus rating of “Hold” and an average price target of $45.00.

The company has a current ratio of 1.04, a quick ratio of 0.66 and a debt-to-equity ratio of 1.95. The company has a market capitalization of $13,420.00, a P/E ratio of 51.88, a P/E/G ratio of 3.08 and a beta of 0.97.

Ball (NYSE:BLL) last issued its earnings results on Thursday, November 2nd. The industrial products company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.07). Ball had a net margin of 2.13% and a return on equity of 18.31%. The firm had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.91 billion. During the same quarter last year, the firm earned $0.48 EPS. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. equities analysts expect that Ball Co. will post 1.95 earnings per share for the current year.

In other Ball news, Chairman John A. Hayes sold 5,695 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $41.29, for a total value of $235,146.55. Following the transaction, the chairman now owns 407,973 shares in the company, valued at $16,845,205.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO James N. Peterson sold 1,349 shares of the business’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $38.05, for a total value of $51,329.45. Following the completion of the transaction, the chief operating officer now owns 38,008 shares in the company, valued at approximately $1,446,204.40. The disclosure for this sale can be found here. Insiders sold 19,345 shares of company stock worth $773,173 in the last 90 days. Corporate insiders own 2.70% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio boosted its stake in shares of Ball by 106.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 152,514 shares of the industrial products company’s stock worth $6,438,000 after acquiring an additional 78,637 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Ball by 104.6% during the 2nd quarter. Vanguard Group Inc. now owns 35,339,156 shares of the industrial products company’s stock worth $1,491,666,000 after acquiring an additional 18,062,724 shares in the last quarter. Norinchukin Bank The boosted its stake in shares of Ball by 113.6% during the 2nd quarter. Norinchukin Bank The now owns 24,296 shares of the industrial products company’s stock worth $1,026,000 after acquiring an additional 12,921 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of Ball by 65.2% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 296,870 shares of the industrial products company’s stock worth $12,261,000 after acquiring an additional 117,140 shares in the last quarter. Finally, Bank of Nova Scotia boosted its stake in shares of Ball by 250.6% during the 2nd quarter. Bank of Nova Scotia now owns 140,422 shares of the industrial products company’s stock worth $5,928,000 after acquiring an additional 100,369 shares in the last quarter. Hedge funds and other institutional investors own 89.51% of the company’s stock.

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Ball Company Profile

Ball Corporation is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company’s packaging products are produced for a range of end uses and are manufactured in facilities around the world. Its segments include beverage packaging, North and Central America; beverage packaging, South America; beverage packaging, Europe; food and aerosol packaging; aerospace, and other.

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