Berry Global Group, Inc. (NYSE:BERY) Shares Purchased by Bokf Na

Bokf Na boosted its position in Berry Global Group, Inc. (NYSE:BERY) by 0.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,348 shares of the industrial products company’s stock after buying an additional 164 shares during the period. Bokf Na owned approximately 0.06% of Berry Global Group worth $4,859,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BERY. UMB Bank n.a. boosted its holdings in shares of Berry Global Group by 89.0% in the fourth quarter. UMB Bank n.a. now owns 650 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 306 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Berry Global Group by 28.8% in the 4th quarter. Quadrant Capital Group LLC now owns 738 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 165 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in Berry Global Group by 3,569.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 844 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 821 shares during the period. Venturi Wealth Management LLC increased its position in Berry Global Group by 463.5% during the 4th quarter. Venturi Wealth Management LLC now owns 1,065 shares of the industrial products company’s stock worth $69,000 after purchasing an additional 876 shares during the period. Finally, Atlas Capital Advisors Inc. raised its stake in shares of Berry Global Group by 7,390.9% during the 4th quarter. Atlas Capital Advisors Inc. now owns 1,648 shares of the industrial products company’s stock worth $107,000 after buying an additional 1,626 shares in the last quarter. 95.36% of the stock is owned by institutional investors and hedge funds.

Berry Global Group Trading Down 2.8 %

Shares of Berry Global Group stock opened at $67.69 on Wednesday. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.61 and a quick ratio of 1.09. The business has a 50 day moving average price of $68.68 and a 200 day moving average price of $68.54. The company has a market capitalization of $7.84 billion, a P/E ratio of 16.88, a P/E/G ratio of 1.54 and a beta of 1.14. Berry Global Group, Inc. has a 1 year low of $57.52 and a 1 year high of $74.24.

Berry Global Group (NYSE:BERY) last issued its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.03. The business had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.60 billion. Berry Global Group had a net margin of 3.99% and a return on equity of 28.26%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.95 earnings per share. Sell-side analysts anticipate that Berry Global Group, Inc. will post 6.25 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BERY has been the topic of a number of recent analyst reports. StockNews.com assumed coverage on Berry Global Group in a report on Sunday. They set a “buy” rating on the stock. UBS Group upped their price target on shares of Berry Global Group from $72.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Finally, Truist Financial cut their price target on shares of Berry Global Group from $76.00 to $71.00 and set a “hold” rating for the company in a report on Tuesday, April 22nd. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Berry Global Group presently has an average rating of “Hold” and an average price target of $75.13.

About Berry Global Group

Berry Global Group, Inc manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.