Two Sigma Investments LP trimmed its position in shares of Ardagh Metal Packaging S.A. (NYSE:AMBP - Free Report) by 81.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 258,783 shares of the company's stock after selling 1,110,387 shares during the quarter. Two Sigma Investments LP's holdings in Ardagh Metal Packaging were worth $779,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Marshall Wace LLP lifted its position in Ardagh Metal Packaging by 2.4% in the 4th quarter. Marshall Wace LLP now owns 171,277 shares of the company's stock valued at $516,000 after acquiring an additional 3,970 shares in the last quarter. EP Wealth Advisors LLC boosted its position in shares of Ardagh Metal Packaging by 9.5% during the fourth quarter. EP Wealth Advisors LLC now owns 54,647 shares of the company's stock valued at $164,000 after buying an additional 4,731 shares during the last quarter. Gabelli Funds LLC grew its holdings in Ardagh Metal Packaging by 3.7% during the fourth quarter. Gabelli Funds LLC now owns 139,000 shares of the company's stock worth $418,000 after buying an additional 5,000 shares in the last quarter. MetLife Investment Management LLC grew its holdings in Ardagh Metal Packaging by 6.1% during the fourth quarter. MetLife Investment Management LLC now owns 90,709 shares of the company's stock worth $273,000 after buying an additional 5,218 shares in the last quarter. Finally, Ieq Capital LLC raised its position in Ardagh Metal Packaging by 15.7% in the 4th quarter. Ieq Capital LLC now owns 39,028 shares of the company's stock valued at $117,000 after buying an additional 5,289 shares during the last quarter. 16.93% of the stock is owned by institutional investors and hedge funds.
Ardagh Metal Packaging Price Performance
AMBP opened at $3.94 on Friday. Ardagh Metal Packaging S.A. has a 1 year low of $2.50 and a 1 year high of $4.26. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of -32.83, a P/E/G ratio of 0.54 and a beta of 0.53. The firm's fifty day moving average price is $3.41 and its two-hundred day moving average price is $3.13.
Ardagh Metal Packaging (NYSE:AMBP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.01. Ardagh Metal Packaging had a negative net margin of 0.99% and a positive return on equity of 1,760.00%. The business had revenue of $1.27 billion for the quarter, compared to analysts' expectations of $1.17 billion. During the same period in the previous year, the company earned $0.01 earnings per share. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, equities analysts anticipate that Ardagh Metal Packaging S.A. will post 0.16 EPS for the current year.
Ardagh Metal Packaging Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were paid a $0.10 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 10.15%. Ardagh Metal Packaging's payout ratio is presently -1,000.00%.
Ardagh Metal Packaging Company Profile
(
Free Report)
Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.
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