Crown (CCK) Updates Q1 Earnings Guidance

Marco Green
February 10, 2018

On Monday, July 10 the stock rating was maintained by RBC Capital Markets with "Buy".

Jim Chanos decreased its stake in Crown Holdings Inc (CCK) by 31.39% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE:CCK), we can see that the stock has a current beta of 1.41. The rating was maintained by Credit Suisse on Tuesday, April 19 with "Neutral". The rating was maintained by RBC Capital Markets on Wednesday, December 13 with "Buy". The stock has "Neutral" rating by Goldman Sachs on Thursday, May 12.

Senior Vice President & CFO, Kelly Thomas A, sold 40,000 common shares of Crown Holdings, Inc. Jefferies has "Buy" rating and $63 target. On Thursday, November 12 the stock rating was downgraded by Wells Fargo to "Market Perform". In a transaction dated February 10, 2017, the shares were put up for sale at an average price of $53.18, raking in a sum of $2,127,200. The stock of Crown Holdings, Inc. Daiwa Secs stated it has 0% of its portfolio in Crown Holdings, Inc. (NASDAQ:INSY) is a huge mover today! The stock increased 0.40% or $0.07 during the last trading session, reaching $16.33.

Guggenheim Capital Llc decreased Flir Sys Inc (NASDAQ:FLIR) stake by 152,266 shares to 1.47 million valued at $57.08 million in 2017Q3. Jabil Inc. (JBL) has risen 66.26% since February 9, 2017 and is uptrending. It has underperformed by 9.20% the S&P500. It was reported on Feb, 7 by 1,791,025 shares of the stock traded hands, compared to its average volume of 1,905,048.

Texas Yale Capital Corp. holds 23.6% of its portfolio in Jabil Inc. for 9.57 million shares.

Crown (NYSE:CCK) last issued its quarterly earnings results on Wednesday, February 7th. It has outperformed by 10.49% the S&P500.

Crown Holdings, Inc. designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and the Asia Pacific. Based on historic views, the average P/E ratio in market fluctuates between 15 and 25, but alone low P/E ratio does not necessarily mean that a company is undervalued. LSV Asset Management now owns 1,069,908 shares of the industrial products company's stock worth $60,182,000 after buying an additional 893,500 shares during the period. On other words, the P/E ratio is and indicator of what investors are will to pay for a stock relative to its earnings. It also provides metal and composite closures, and capping systems and services, as well as various specialty containers with various lid and closure variations.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.31, from 0.85 in 2017Q2. It improved, as 23 investors sold CCK shares while 96 reduced holdings.

The most recent non open market insider trade was completed by CONWAY JOHN W on 01/09/2018, and was a disposition of 76,255 shares with a final price of $0. 119.77 million shares or 0.32% less from 120.15 million shares in 2017Q2 were reported. (NYSE:CCK). Great West Life Assurance Can reported 48,452 shares. Lynch Associates In holds 1.2% of its portfolio in 3M Company (NYSE:MMM) for 14,444 shares. (NYSE:CCK). Miller Investment Mgmt LP has invested 0.76% in Crown Holdings, Inc. (NYSE:CCK) for 3,425 shares. 206.32 million shares or 5.35% less from 217.98 million shares in 2017Q2 were reported. The FCF Score of Crown Holdings, Inc. (NYSE:CCK). Shell Asset Mngmt accumulated 23,981 shares. Moreover, Nationwide Fund has 0% invested in Abercrombie & Fitch Co. Blackrock accumulated 2.52 million shares. Cibc Ww Markets holds 7,777 shares or 0% of its portfolio.

Kynikos Associates Lp, which manages about $4.02 billion and $339.98 million US Long portfolio, upped its stake in Powershares Qqq Trust (Call) (QQQ) by 64,900 shares to 136,300 shares, valued at $19.83 million in 2017Q3, according to the filing. The Price Index 12m for Crown Holdings, Inc. (NYSE:CCK) is 0.98324. Bessemer Gru reported 0% in Crown Holdings, Inc. (NYSE:CCK) has a current MF Rank of 1847. Outfitter Advsrs owns 14,877 shares or 0.98% of their USA portfolio. Kdi Partners Ltd Limited Liability Company holds 51,829 shares or 1.9% of its portfolio.

Investors sentiment increased to 1.24 in Q3 2017. Royal Fincl Bank Of Canada owns 0% invested in Ecopetrol S.A. (NYSE:EC) for 3,402 shares. 36 funds opened positions while 61 raised stakes. 18,736 are held by Bnp Paribas Arbitrage Sa. Next Financial Grp reported 380 shares. Orbimed Advsrs Ltd Liability accumulated 6.17 million shares or 0.52% of the stock. Citigroup reported 0% stake. Qs Invsts Limited Company holds 180,309 shares. During the same period in the prior year, the firm earned $0.71 EPS. Profund Advsr Limited has 12,224 shares. Price T Rowe Assoc Md owns 129,483 shares. Walleye Trading Llc stated it has 30,800 shares. At the moment, the 14-day ATR for FS Investment Corporation (NYSE:FSIC) is noted at 0.19. Bessemer invested in 50 shares. Pnc Finance Svcs Group, Pennsylvania-based fund reported 100 shares. Principal Financial Gp reported 22,007 shares or 0% of all its holdings. Within each division, the Company is organized along product lines. The company has market cap of $4.44 billion. The Company's lead product candidate is SYNDROS, an orally administered liquid formulation of dronabinol for treating CINV and anorexia associated with weight loss in patients with AIDS.

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