Pallas Capital Advisors LLC purchased a brand new place in shares of Berry World Group, Inc. (NYSE:BERY – Free Report) throughout the third quarter, in line with the corporate in its most up-to-date disclosure with the SEC. The agency purchased 5,880 shares of the commercial merchandise firm’s inventory, valued at roughly $403,000.
Different hedge funds additionally just lately made adjustments to their positions within the firm. State of Alaska Division of Income raised its place in shares of Berry World Group by 3.3% throughout the third quarter. State of Alaska Division of Income now owns 22,962 shares of the commercial merchandise firm’s inventory valued at $1,560,000 after buying an extra 730 shares within the final quarter. Wealth Enhancement Advisory Providers LLC elevated its stake in Berry World Group by 95.1% throughout the third quarter. Wealth Enhancement Advisory Providers LLC now owns 15,280 shares of the commercial merchandise firm’s inventory valued at $1,039,000 after buying an extra 7,447 shares over the past quarter. Ballentine Companions LLC raised its holdings in shares of Berry World Group by 0.9% throughout the third quarter. Ballentine Companions LLC now owns 59,121 shares of the commercial merchandise firm’s inventory value $4,019,000 after buying an extra 501 shares throughout the interval. Tectonic Advisors LLC lifted its place in shares of Berry World Group by 1.8% within the third quarter. Tectonic Advisors LLC now owns 76,231 shares of the commercial merchandise firm’s inventory value $5,182,000 after shopping for an extra 1,341 shares over the past quarter. Lastly, Dakota Wealth Administration boosted its holdings in shares of Berry World Group by 26.2% within the third quarter. Dakota Wealth Administration now owns 31,770 shares of the commercial merchandise firm’s inventory valued at $2,160,000 after shopping for an extra 6,600 shares throughout the interval. Institutional traders and hedge funds personal 95.36% of the corporate’s inventory.
Insider Shopping for and Promoting
In different Berry World Group information, Director Evan Bayh offered 14,000 shares of the inventory in a transaction on Tuesday, October fifteenth. The inventory was offered at a median worth of $70.13, for a complete transaction of $981,820.00. Following the completion of the transaction, the director now immediately owns 30,228 shares of the corporate’s inventory, valued at roughly $2,119,889.64. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which could be accessed by means of this hyperlink. 4.00% of the inventory is owned by company insiders.
Berry World Group Buying and selling Down 0.4 %
NYSE:BERY opened at $70.45 on Friday. The inventory has a market cap of $8.07 billion, a price-to-earnings ratio of 15.05, a PEG ratio of 1.10 and a beta of 1.15. The corporate has a debt-to-equity ratio of two.57, a fast ratio of 1.08 and a present ratio of 1.82. Berry World Group, Inc. has a 1 yr low of $54.06 and a 1 yr excessive of $71.17. The enterprise has a fifty day shifting common of $67.83 and a 200-day shifting common of $63.14.
Berry World Group (NYSE:BERY – Get Free Report) final introduced its earnings outcomes on Friday, August 2nd. The economic merchandise firm reported $2.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.16. Berry World Group had a internet margin of 4.55% and a return on fairness of 27.32%. The agency had income of $3.16 billion throughout the quarter, in comparison with analyst estimates of $3.26 billion. Throughout the identical quarter within the prior yr, the agency posted $1.90 EPS. Berry World Group’s income was down 2.1% in comparison with the identical quarter final yr. Equities analysts predict that Berry World Group, Inc. will submit 7.6 earnings per share for the present yr.
Berry World Group Will increase Dividend
The enterprise additionally just lately disclosed a quarterly dividend, which will likely be paid on Monday, December sixteenth. Stockholders of file on Monday, December 2nd will likely be issued a $0.31 dividend. The ex-dividend date is Monday, December 2nd. This can be a enhance from Berry World Group’s earlier quarterly dividend of $0.28. This represents a $1.24 annualized dividend and a dividend yield of 1.76%. Berry World Group’s dividend payout ratio (DPR) is 23.50%.
Analysts Set New Worth Targets
A number of analysis companies just lately weighed in on BERY. UBS Group dropped their worth goal on shares of Berry World Group from $89.00 to $77.00 and set a “purchase” score on the inventory in a analysis word on Wednesday, July seventeenth. Morgan Stanley started protection on Berry World Group in a analysis report on Wednesday, September 4th. They set an “equal weight” score and a $76.00 worth goal on the inventory. StockNews.com upgraded Berry World Group from a “maintain” score to a “purchase” score in a analysis report on Wednesday. Lastly, Truist Monetary elevated their goal worth on Berry World Group from $68.00 to $74.00 and gave the inventory a “maintain” score in a analysis report on Tuesday, October fifteenth. Seven equities analysis analysts have rated the inventory with a maintain score and 4 have issued a purchase score to the corporate. In accordance with knowledge from MarketBeat.com, the corporate presently has a consensus score of “Maintain” and a consensus worth goal of $71.22.
Berry World Group Profile
Berry World Group, Inc manufactures and provides non-woven, versatile, and inflexible merchandise in client and industrial finish markets in the US, Canada, Europe, and internationally. The corporate operates by means of Shopper Packaging Worldwide; Shopper Packaging North America; Engineered Supplies; and Well being, Hygiene & Specialties segments.
Beneficial Tales
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