DekaBank Deutsche Girozentrale Has $426000 Stake in Owens Corning Inc (OC)

Marco Green
December 5, 2017

Investors sentiment increased to 1.18 in 2017 Q2. The stock has a market capitalization of $1.95 billion, a PE ratio of 18.93 and a beta of 0.97.

Shares of Owens-Illinois, Inc.

A number of other hedge funds have also recently made changes to their positions in OC. 151.63 million shares or 0.58% more from 150.76 million shares in 2017Q1 were reported. Teacher Retirement Of Texas has invested 0% of its portfolio in Owens-Illinois, Inc. (NYSE:OMI). Nationwide Fund owns 217,725 shares. Security National Bank of Sioux City Iowa IA now owns 18,871 shares of the company's stock worth $607,000 after purchasing an additional 267 shares during the period. NYSE:OMI is 0.082920. Earnings Yield helps investors measure the return on investment for a given company. After $1.25 actual earnings per share reported by Owens Corning for the previous quarter, Wall Street now forecasts -19.20% negative EPS growth. Voya Investment Mgmt Ltd Com owns 1.10M shares for 0.08% of their portfolio. Personal Advsr owns 136,510 shares for 0.2% of their portfolio. Morgan Stanley owns 500,255 shares. Riverhead Mgmt Ltd Co owns 0.01% invested in Owens-Illinois, Inc. New York-based Goldman Sachs Grp Inc has invested 0% in Owens & Minor, Inc. (NYSE OI) traded down $0.08 during trading hours on Monday, hitting $24.11. The construction company reported $1.25 EPS for the quarter, missing analysts' consensus estimates of $1.26 by ($0.01). The Georgia-based Concourse Capital Management Llc has invested 4.21% in the stock. (NYSE:OI). State Of Wisconsin Investment Board holds 0% in Owens-Illinois, Inc. Bank of America increased their target price on shares of Owens Corning from $84.00 to $97.00 and gave the stock a "buy" rating in a research note on Friday, November 17th.

Among 14 analysts covering Owens-Illinois Inc (NYSE:OI), 3 have Buy rating, 1 Sell and 10 Hold. Therefore 0 are positive.

The average 1-year price target for Owens & Minor, Inc. Owens Corning presently has a consensus rating of "Buy" and a consensus target price of $78.70. Owens Corning had 68 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with "Hold" rating in Tuesday, May 30 report. Jefferies maintained Owens & Minor, Inc. Robert W. Baird reissued a "hold" rating and issued a $25.00 target price on shares of Owens-Illinois in a research report on Friday, September 1st. The firm has "Buy" rating given on Friday, November 17 by Bank of America. Credit Suisse maintained the shares of OMI in report on Monday, November 20 with "Underperform" rating. The original version of this story can be viewed at https://www.truebluetribune.com/2017/12/05/crossmark-global-holdings-inc-takes-532000-position-in-owens-illinois-inc-oi.html. (NYSE:OI) on Wednesday, August 2 with "Hold" rating. The firm has "Hold" rating by UBS given on Tuesday, October 24. The firm earned "Hold" rating on Tuesday, October 3 by KeyBanc Capital Markets.

ILLEGAL ACTIVITY WARNING: "DekaBank Deutsche Girozentrale Has $426,000 Stake in Owens Corning Inc (OC)" was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. The firm has "Neutral" rating by Citigroup given on Friday, October 20. The rating was upgraded by Goldman Sachs on Wednesday, January 4 to "Buy". Royal Bank Of Canada raised Owens Corning from an "outperform" rating to a "top pick" rating in a research note on Monday.

The stock increased 0.79% or $0.19 during the last trading session, reaching $24.38. About 413,365 shares traded.

Analysts await Owens-Illinois, Inc. It has outperformed by 15.73% the S&P500. The Value Composite Two of Owens & Minor, Inc.

OI has been the topic of several research analyst reports. During the same quarter in the prior year, the company earned $0.51 earnings per share.

Owens-Illinois, Inc., through its subsidiaries, makes and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the Asia Pacific. Past 5 years growth of the company observed at 0.85%, and for the next five years the analysts that follow the company are expecting its growth at 3.67%. The Company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits and wine. It has a 33.21 P/E ratio. The firm is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals. More interesting news about News Corporation (NASDAQ:NWSA) were released by: Ft.com and their article: "News Corp hits 2-year high in Sydney after US regulator loosens media ..." published on November 17, 2017 as well as Smh.com.Au's news article titled: "Starbucks, WD-40 and News Corp: Fundies name bargain picks" with publication date: November 30, 2017.

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