Toth Financial Advisory Corp Has $2.92 Million Stock Holdings in Ball Co. (NYSE:BALL)

Toth Financial Advisory Corp boosted its position in Ball Co. (NYSE:BALL) by 5.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 53,034 shares of the company’s stock after acquiring an additional 2,867 shares during the period. Toth Financial Advisory Corp’s holdings in Ball were worth $2,924,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Gradient Investments LLC raised its holdings in shares of Ball by 3.4% in the 4th quarter. Gradient Investments LLC now owns 221,125 shares of the company’s stock worth $12,191,000 after acquiring an additional 7,215 shares during the last quarter. Exchange Traded Concepts LLC increased its position in shares of Ball by 14.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 2,631 shares of the company’s stock valued at $145,000 after purchasing an additional 337 shares during the last quarter. Brighton Jones LLC grew its position in shares of Ball by 41.2% during the 4th quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after purchasing an additional 1,531 shares in the last quarter. Hengehold Capital Management LLC grew its position in shares of Ball by 63.9% during the 4th quarter. Hengehold Capital Management LLC now owns 5,088 shares of the company’s stock valued at $281,000 after purchasing an additional 1,983 shares in the last quarter. Finally, Veracity Capital LLC grew its position in shares of Ball by 326.1% during the 4th quarter. Veracity Capital LLC now owns 14,980 shares of the company’s stock valued at $826,000 after purchasing an additional 11,464 shares in the last quarter. 86.51% of the stock is owned by institutional investors and hedge funds.

Ball Trading Down 0.3 %

Shares of BALL opened at $55.01 on Friday. The stock has a market capitalization of $16.42 billion, a P/E ratio of 4.15, a PEG ratio of 1.35 and a beta of 0.93. The company has a quick ratio of 0.82, a current ratio of 1.09 and a debt-to-equity ratio of 0.79. The firm has a fifty day simple moving average of $57.04 and a two-hundred day simple moving average of $61.41. Ball Co. has a twelve month low of $51.96 and a twelve month high of $71.32.

Ball (NYSE:BALL) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The business had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.13 billion. Ball had a net margin of 34.05% and a return on equity of 17.46%. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.83 EPS. On average, research analysts anticipate that Ball Co. will post 3.15 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BALL. Morgan Stanley reduced their price target on shares of Ball from $78.00 to $75.00 and set an “overweight” rating for the company in a research report on Monday, January 13th. Mizuho raised Ball from a “neutral” rating to an “outperform” rating and set a $67.00 price objective for the company in a report on Tuesday, December 10th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $75.00 price target on shares of Ball in a research note on Monday, November 4th. Truist Financial reduced their price objective on Ball from $78.00 to $73.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Finally, Wells Fargo & Company restated an “underweight” rating and issued a $49.00 target price (down previously from $56.00) on shares of Ball in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Ball presently has a consensus rating of “Moderate Buy” and an average price target of $68.17.

About Ball

Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages.