Ardagh Metal Packaging S.A. (NYSE:AMBP) Shares Acquired by Clarity Financial LLC

Clarity Financial LLC increased its holdings in Ardagh Metal Packaging S.A. (NYSE:AMBP) by 318.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 52,244 shares of the company’s stock after buying an additional 39,744 shares during the period. Clarity Financial LLC’s holdings in Ardagh Metal Packaging were worth $157,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Janney Montgomery Scott LLC grew its position in Ardagh Metal Packaging by 0.5% in the third quarter. Janney Montgomery Scott LLC now owns 641,868 shares of the company’s stock worth $2,420,000 after buying an additional 3,290 shares during the last quarter. Signaturefd LLC grew its position in Ardagh Metal Packaging by 23.1% in the third quarter. Signaturefd LLC now owns 18,739 shares of the company’s stock worth $71,000 after buying an additional 3,515 shares during the last quarter. Dakota Wealth Management grew its position in Ardagh Metal Packaging by 2.8% in the fourth quarter. Dakota Wealth Management now owns 146,682 shares of the company’s stock worth $442,000 after buying an additional 4,030 shares during the last quarter. nVerses Capital LLC grew its position in Ardagh Metal Packaging by 70.4% in the third quarter. nVerses Capital LLC now owns 12,100 shares of the company’s stock worth $46,000 after buying an additional 5,000 shares during the last quarter. Finally, US Bancorp DE grew its position in Ardagh Metal Packaging by 17.8% in the third quarter. US Bancorp DE now owns 39,978 shares of the company’s stock worth $151,000 after buying an additional 6,031 shares during the last quarter. 16.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMBP has been the subject of a number of recent analyst reports. Bank of America lowered shares of Ardagh Metal Packaging from a “buy” rating to an “underperform” rating and decreased their price objective for the stock from $4.90 to $4.00 in a research note on Wednesday, December 11th. UBS Group decreased their price objective on shares of Ardagh Metal Packaging from $4.25 to $2.75 and set a “neutral” rating for the company in a research note on Friday, January 10th. Citigroup decreased their price objective on shares of Ardagh Metal Packaging from $4.50 to $4.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $3.35 price objective (down previously from $3.60) on shares of Ardagh Metal Packaging in a research note on Thursday, January 16th. Finally, Morgan Stanley raised shares of Ardagh Metal Packaging from an “underweight” rating to an “equal weight” rating and decreased their price objective for the stock from $3.60 to $3.10 in a research note on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Ardagh Metal Packaging currently has a consensus rating of “Hold” and a consensus price target of $3.37.

Ardagh Metal Packaging Price Performance

AMBP opened at $2.80 on Friday. Ardagh Metal Packaging S.A. has a fifty-two week low of $2.66 and a fifty-two week high of $4.26. The firm has a 50 day simple moving average of $3.10 and a 200 day simple moving average of $3.46.

About Ardagh Metal Packaging

Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.