Smart Money Still Has Faith in Berry Global Group, Inc. (NYSE:BERY)

Joanna Estrada
November 14, 2017

RBC Capital Markets has "Hold" rating and $77.0 target.

Analysts await Berry Global Group Inc (NYSE:BERY) to report earnings on December, 5. (BERY) lately? The stock closed the regular trading session at $58.57 yesterday, compared to the closing price of $57.54 the previous day - a change of 1.79 percent. About 366,142 shares traded.

The price to book ratio or market to book ratio for Berry Global Group, Inc. It has outperformed by 30.98% the S&P500.

Proffitt & Goodson Inc increased Dominion Energy Inc (D) stake by 142.17% reported in 2017Q2 SEC filing. Magnetar Ltd Liability invested in 6,469 shares or 0.01% of the stock. The Osterweis Capital Management Inc holds 706,646 shares with $40.29M value, up from 592,876 last quarter. Harris Corp Del now has $16.60B valuation. It is down 10.88% since November 13, 2016 and is uptrending. About 121,136 shares traded or 64.18% up from the average. Axovant Sciences Ltd (NASDAQ:AXON) has risen 97.46% since November 12, 2016 and is uptrending. It has outperformed by 20.17% the S&P500.

Investors sentiment increased to 1.15 in Q2 2017. Narrowing in a bit closer, the 5 month price index is 1.00589, the 3 month is 1.01221, and the 1 month is now 0.98173. 28,020 are owned by Nippon Life Glob Investors Americas. 71 funds opened positions while 154 raised stakes. AXON's SI was 4.94 million shares in November as released by FINRA. Da Davidson Company accumulated 134 shares or 0% of the stock. The California-based Symphony Asset Management Limited Liability Co has invested 0.05% in Berry Global Group Inc (NYSE:BERY). Royal Bancorporation Of Canada holds 130,965 shares or 0% of its portfolio. Bowen Hanes accumulated 286,555 shares. (NYSE:BERY) is 41. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. Canyon Advsr Limited Liability Corp holds 5.23% or 5.55 million shares in its portfolio. Caxton Assocs Lp, a New Jersey-based fund reported 9,100 shares. Ngam Advsrs Limited Partnership has 111,709 shares. It has a 24.68 P/E ratio. It also upped A stake by 150,000 shares and now owns 375,000 shares. 33,600 shares valued at $3.76 million were sold by DUFFY ROBERT L on Wednesday, May 31. Also, the Hold rating count is 2 as of 11/13/17. Therefore 89% are positive. Par Pacific had 7 analyst reports since November 23, 2015 according to SRatingsIntel. They issued a "buy" rating and a $52.00 price target on the stock. The average return on assets for companies in the same sector is 10.63. As per Wednesday, August 23, the company rating was maintained by KeyBanc Capital Markets. The stock has "Overweight" rating by Barclays Capital on Monday, August 7. The stock of Harris Corporation (NYSE:HRS) has "Buy" rating given on Monday, November 7 by Seaport Global Securities. The rating was upgraded by SunTrust on Monday, June 26 to "Buy". The rating was maintained by JP Morgan with "Neutral" on Thursday, October 12. Its up 0.10, from 1.26 in 2017Q1. It is negative, as 29 investors sold BERY shares while 126 reduced holdings. 119.74 million shares or 3.80% less from 124.48 million shares in 2017Q1 were reported. M&T State Bank reported 0% stake.

At the moment, the top institutional investor at Berry Global Group, Inc. (NYSE:ESE). Legal General Grp Pcl invested in 50,052 shares. The Virginia-based Virginia Retirement System Et Al has invested 0.02% in Berry Global Group Inc (NYSE:BERY). The hedge fund run by Daniel Lascano held 286,317 shares of the plastic products company at the end of 2017Q2, valued at $16.32M, down from 309,536 at the end of the previous reported quarter. First Personal Svcs owns 713 shares for 0.01% of their portfolio. Iberiabank stated it has 0.09% of its portfolio in Dominion Energy Inc (NYSE:D). The stock of Berry Global Group Inc (NYSE:BERY) earned "Outperform" rating by RBC Capital Markets on Friday, February 19. State Of Wisconsin Invest Board reported 0% in Berry Global Group Inc (NYSE:BERY). BERY's profit would be $102.97 million giving it 18.21 P/E if the $0.79 EPS is correct. Berry Plastics Group Inc. has a 52-week low of $27.79 and a 52-week high of $50.88. Therefore 43% are positive.

Shares of Berry Plastics Group Inc.

Another recent and important Berry Global Group Inc (NYSE:BERY) news was published by Businesswire.com which published an article titled: "Berry Global Group, Inc.to Report Fourth Quarter and Fiscal Year 2017 Results ..." on October 18, 2017.

Berry Global Group, Inc., formerly Berry Plastics Group, Inc., is a well-known provider of value-added plastic consumer packaging, non-woven specialty materials and engineered materials. Canaccord Genuity maintained it with "Hold" rating and $35 target in Wednesday, August 12 report. The stock has "Buy" rating by UBS on Tuesday, July 25. The company was downgraded on Friday, September 11 by Goldman Sachs. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. Anthem Inc (NYSE:ANTM) was reduced too. The rating was maintained by BMO Capital Markets with "Hold" on Monday, May 1. The consensus recommendation rating is a Moderate Buy. Westfield Capital Com Limited Partnership invested in 1.14M shares.

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