Shares of Ball Co. (NYSE:BLL) have received a consensus rating of “Hold” from the fifteen analysts that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $44.73.

Several analysts have commented on the stock. KeyCorp restated a “hold” rating on shares of Ball in a report on Thursday, November 2nd. Zacks Investment Research downgraded shares of Ball from a “hold” rating to a “sell” rating in a report on Monday, October 16th. UBS assumed coverage on shares of Ball in a report on Monday, October 23rd. They set a “buy” rating and a $50.00 target price on the stock. Robert W. Baird restated a “buy” rating and set a $45.00 target price on shares of Ball in a report on Thursday, October 12th. Finally, Royal Bank of Canada assumed coverage on shares of Ball in a report on Monday, October 9th. They set an “outperform” rating and a $46.00 target price on the stock.

In related news, Chairman John A. Hayes sold 5,519 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $40.74, for a total value of $224,844.06. Following the completion of the transaction, the chairman now directly owns 408,451 shares of the company’s stock, valued at $16,640,293.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Lisa Ann Pauley sold 17,090 shares of the firm’s stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $40.79, for a total transaction of $697,101.10. Following the completion of the transaction, the senior vice president now directly owns 108,923 shares of the company’s stock, valued at $4,442,969.17. The disclosure for this sale can be found here. Insiders have sold a total of 33,923 shares of company stock valued at $1,392,977 over the last ninety days. Company insiders own 2.70% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio grew its stake in shares of Ball by 106.4% in the second quarter. Public Employees Retirement System of Ohio now owns 152,514 shares of the industrial products company’s stock valued at $6,438,000 after buying an additional 78,637 shares in the last quarter. Thomas White International Ltd. grew its stake in shares of Ball by 100.0% in the second quarter. Thomas White International Ltd. now owns 27,410 shares of the industrial products company’s stock valued at $1,157,000 after buying an additional 13,705 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Ball by 111.7% in the second quarter. JPMorgan Chase & Co. now owns 14,936,002 shares of the industrial products company’s stock valued at $630,447,000 after buying an additional 7,881,436 shares in the last quarter. Fragasso Group Inc. grew its stake in shares of Ball by 79.9% in the second quarter. Fragasso Group Inc. now owns 37,740 shares of the industrial products company’s stock valued at $1,593,000 after buying an additional 16,761 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Ball by 100.0% in the second quarter. KBC Group NV now owns 53,272 shares of the industrial products company’s stock valued at $2,248,000 after buying an additional 26,636 shares in the last quarter. 89.54% of the stock is owned by institutional investors and hedge funds.

Shares of Ball (BLL) opened at $39.40 on Monday. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.66 and a current ratio of 1.04. The company has a market cap of $13,790.00, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 3.67 and a beta of 0.97. Ball has a fifty-two week low of $35.65 and a fifty-two week high of $43.24.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, November 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.02%. Ball’s dividend payout ratio is currently 54.05%.

ILLEGAL ACTIVITY WARNING: “Ball Co. (BLL) Given Consensus Recommendation of “Hold” by Brokerages” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another publication, it was copied illegally and reposted in violation of international trademark & copyright law. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/12/18/ball-co-bll-given-consensus-recommendation-of-hold-by-brokerages.html.

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.

Analyst Recommendations for Ball (NYSE:BLL)

Receive News & Ratings for Ball Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ball and related companies with MarketBeat.com's FREE daily email newsletter.