Ball Co. (NYSE:BLL) VP Scott C. Morrison sold 2,225 shares of Ball stock in a transaction on Thursday, April 19th. The shares were sold at an average price of $41.18, for a total transaction of $91,625.50. Following the completion of the transaction, the vice president now directly owns 408,256 shares in the company, valued at $16,811,982.08. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of BLL opened at $40.67 on Friday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.54 and a current ratio of 0.92. The firm has a market capitalization of $14,252.47, a price-to-earnings ratio of 20.03, a PEG ratio of 3.21 and a beta of 0.85. Ball Co. has a 1 year low of $35.60 and a 1 year high of $43.24.

Ball (NYSE:BLL) last announced its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.08. The company had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Ball had a net margin of 3.63% and a return on equity of 19.24%. Ball’s revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.44 EPS. equities research analysts expect that Ball Co. will post 2.3 EPS for the current year.

A number of equities analysts have recently commented on BLL shares. TheStreet raised shares of Ball from a “c+” rating to a “b-” rating in a report on Tuesday, March 6th. Zacks Investment Research raised shares of Ball from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Citigroup raised shares of Ball from a “neutral” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Wednesday, January 17th. KeyCorp raised shares of Ball from an “underweight” rating to a “sector weight” rating in a report on Monday, February 12th. Finally, ValuEngine cut shares of Ball from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. Ball has an average rating of “Hold” and a consensus target price of $45.38.

A number of institutional investors and hedge funds have recently made changes to their positions in BLL. Millennium Management LLC increased its stake in Ball by 322.0% in the 4th quarter. Millennium Management LLC now owns 1,450,695 shares of the industrial products company’s stock valued at $54,909,000 after buying an additional 1,106,893 shares during the period. Lodge Hill Capital LLC acquired a new position in Ball in the 4th quarter valued at $39,743,000. Eaton Vance Management increased its stake in Ball by 87.3% in the 4th quarter. Eaton Vance Management now owns 1,523,918 shares of the industrial products company’s stock valued at $57,680,000 after buying an additional 710,179 shares during the period. Carillon Tower Advisers Inc. acquired a new position in Ball in the 4th quarter valued at $23,561,000. Finally, Ascend Capital LLC acquired a new position in Ball in the 4th quarter valued at $21,736,000. 88.70% of the stock is currently owned by institutional investors.

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Ball Company Profile

Ball Corporation supplies metal packaging products to the beverage, food, personal care, and household products industries. It operates in five segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; Food and Aerosol Packaging; and Aerospace.

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

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