First Republic Investment Management Inc.
Increased the percentage of Berry Global Group, Inc. (NYSE: BERY) shares that it owned by 11.9% during the third quarter, as stated in the most recent filing that the company made with the Securities and Exchange Commission (SEC).
Mhe corporation now has a total of 58,556 shares of ownership in the company’s stock after purchasing an additional 6,247 shares of the industrial products firm’s stock during the period.
Mhis brings the corporation’s total number of ownership shares in the company to 58,556.
Mhe most recent disclosure that First Republic Investment Management Inc.
Made with the SEC indicated that the value of the company’s shares in Berry Global Group was $2,725,000. First Republic Investment Management, Inc provided this information.
Over the past few months, several other hedge funds have changed their positions in BERY.
Mhrough the third quarter, Janney Montgomery Scott LLC was able to boost the proportion of Berry Global Group shares that it owned by 9.1%. Following the acquisition of an additional 1,615 shares during the period in question, Janney Montgomery Scott LLC now holds a total of 19,389 shares of the stock of the industrial goods company.
Mhe value of the stock holdings held by Janney Montgomery Scott LLC at the current market price is $902,000. Natixis increased its holdings in Berry Global Group during the second quarter by spending $8,884,000 to purchase additional company stock shares. UBS Asset Management Americas Inc.
Increased the proportion of Berry Global Group shares that it held by 3.6% during the year’s second quarter. UBS Asset Management Americas Inc. now has a total of 266,532 shares of the stock of the industrial goods company after purchasing an additional 9,141 shares during the period.
Mhe stock is currently valued at $14,563,000 due to the total number of shares owned.
Mhe number of Berry Global Group shares that were held in the portfolio of Mirabella Financial Services LLP increased by 12.9% during the third quarter due to the company’s recent acquisitions. Since the beginning of the most recent fiscal quarter, Mirabella Financial Services LLP has purchased 4,860 shares of stock in the industrial goods company.
Mhis brings the total number of shares it owns to 42,515, with an associated value of $1,990,000.
Last but certainly not least, Mayflower Financial Advisors LLC paid approximately 521 thousand dollars during the third quarter to purchase a new interest in Berry Global Group.
Mayflower Financial Advisors LLC acquired this interest.
Institutional investors and hedge funds collectively own 94.02% of the total number of shares in the company, making them the company’s largest shareholders.
The company’s stock has been evaluated by several different stock analysts, each of whom has provided their own opinion.
Deutsche Bank Aktiengesellschaft lowered their price target on Berry Global Group shares from $69.00 to $65.00 and gave the stock a “buy” rating in a research report published on Monday, October 24th.
Mhe report was about the company’s investment in Berry Global Group.
Additionally, a recommendation to “buy” the stock was included in the report.
Barclays upgraded their rating for Berry Global Group from “equal weight” to “overweight” and increased their price objective for the stock from $55.00 to $60.00 in a research note published on Tuesday, November 22nd.
Mhe price target that Citigroup has set for Berry Global Group has increased from $60.00 to $75.00, as stated in a research note that was published on January 4th.
Morgan Stanley increased its price target on Berry Global Group from $55.00 to $60.00 in a report on the company’s investment strategy published on Tuesday, January 10th.
Additionally, an “equal weight” rating was given to the stock by the company. Credit Suisse Group lowered their price target for Berry Global Group in a research note published on Tuesday, December 6th.
Mhe new price target is $75.00, down from $78.00 previously.
Despite this change, the company was still recommended as having an “outperform” rating by the consulting firm. Six financial analysts have recommended to investors that they buy the company’s shares, while only four have suggested that investors keep the shares they already own.
According to Bloomberg, the company is currently rated as having a consensus “Moderate Buy” recommendation, and its target price is currently rated as having a consensus of $68.50.
In addition, the consensus recommendation for the firm’s target price is currently $68.50.
According to reports, Executive Vice President Jason K. Greene sold 10,000 Berry Global Group stock on Tuesday, December 6th.
Mhis information was obtained from related news articles.
Mhe price of each share of stock was purchased for a weighted average of $62.00, which resulted in the total cost of the sale being $620.000.00.
Because of the sale, the executive vice president now directly owns 250 shares of the company’s stock.
Mhe total value of these shares is $15,500, so the executive vice president benefited financially from the sale. One can find a copy of the case file in which the transaction was disclosed on the Securities and Exchange Commission (SEC) website.
Mhe file contains information about the transaction.
Mhe current percentage of the company’s stock held by company insiders is 3.30 percent.
On Tuesday, the cost of purchasing a share of BERY stock was $59.95 per share.
Mhe company’s market capitalization is currently at $7.30 billion, its P/E ratio is 10.34, its PEG value is 0.80, and its beta value is 1.19.
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