Assetmark Inc. now owns 2,444 shares of the industrial products company's stock valued at $107,000 after buying an additional 25 shares during the period. Meyer Handelman Co.'s holdings in Sealed Air Corporation were worth $3,015,000 as of its most recent SEC filing. Penserra Capital Management LLC boosted its stake in shares of Air Lease Corporation by 674.8% in the first quarter. Finally, Janus Capital Management LLC purchased a new stake in shares of Air Lease Corporation during the fourth quarter valued at $209,000. US Bancorp DE raised its stake in shares of Sealed Air Corporation by 16.2% in the second quarter. LLC now owns 2,950 shares of the industrial products company's stock valued at $129,000 after buying an additional 687 shares during the period. Air Lease Corporation posted earnings of $0.84 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 1.2%. State Treasurer State of MI now owns 64,348 shares of the industrial products company's stock worth $2,880,000 after buying an additional 800 shares in the last quarter.
The share price of Air Lease Corporation (NYSE:AL) was up +0.03% during the last trading session, with a day high of 39.80. Following the sale, the executive vice president now owns 86,410 shares in the company, valued at approximately $3,283,580. Finally, ValuEngine upgraded shares of Air Lease Corporation from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 10th. Alliancebernstein L.P. now owns 2,949,448 shares of the industrial products company's stock valued at $128,537,000 after buying an additional 7,670 shares in the last quarter. Hedge funds and other institutional investors own 92.03% of the company's stock.
Analysts' mean recommendation for Sealed Air Corporation (SEE) stands at 2.30. The company had a trading volume of 586,644 shares. The stock's market capitalization is 4.08B, it has a 52-week low of 27.05 and a 52-week high of 41.44. The stock has a 50-day moving average price of $45.17 and a 200 day moving average price of $45.41. The Return on Investment (ROI) ratio of Sealed Air Corporation (SEE) is 14.6 percent. The institutional investor held 1.77 million shares of the diversified commercial services company at the end of 2016Q4, valued at $60.83M, down from 1.93 million at the end of the previous reported quarter. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.58 billion. Comparatively, SEE posted earnings of $0.8 per share in the same quarter, a year earlier. Sealed Air Corporation P/E (price to earnings) ratio is 24.35 and Forward P/E ratio of 17.56.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 1st will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.47%.
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Several research firms have commented on SEE.
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02/19/2015 - Sealed Air Corporation was upgraded to "buy" by analysts at Vertical Research.
A number of equities analysts recently issued reports on SEE shares. The original version of this story can be viewed at https://sportsperspectives.com/2017/07/31/exxonmobil-investment-management-inc-tx-lowers-position-in-sealed-air-corporation-nysesee-updated.html. The stock of Sealed Air Corp (NYSE:SEE) has "Buy" rating given on Wednesday, July 13 by SunTrust. Morgan Stanley raised their price objective on shares of Air Lease Corporation from $40.00 to $42.00 in a report on Tuesday, July 4th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Sealed Air Corporation presently has an average rating of "Hold" and an average target price of $48.91.
Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
In other Sealed Air Corporation news, insider Jerome A. Peribere acquired 6,960 shares of the firm's stock in a transaction on Friday, May 12th. Similarly, the company's Senior Vice President Chammas Emile Z. on 2017-05-16 Buy 3000 shares of the company at a price of $43.09. Following the completion of the purchase, the insider now owns 148,077 shares in the company, valued at approximately $6,380,637.93. The disclosure for this purchase can be found here. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them.
The Company's segments are Food Care, Diversey Care, Product Care and Other (includes Corporate, Medical Applications and New Ventures businesses).