Shay Capital LLC Invests $506,000 in Ardagh Metal Packaging S.A. (NYSE:AMBP)

Shay Capital LLC bought a new stake in shares of Ardagh Metal Packaging S.A. (NYSE:AMBP - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 168,250 shares of the company's stock, valued at approximately $506,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AMBP. ProShare Advisors LLC raised its holdings in shares of Ardagh Metal Packaging by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 40,696 shares of the company's stock valued at $122,000 after acquiring an additional 13,390 shares during the period. Mountaineer Partners Management LLC acquired a new stake in shares of Ardagh Metal Packaging during the fourth quarter valued at approximately $3,184,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Ardagh Metal Packaging by 10.1% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,421,972 shares of the company's stock valued at $10,300,000 after buying an additional 312,640 shares during the period. Moore Capital Management LP increased its stake in Ardagh Metal Packaging by 100.0% in the 4th quarter. Moore Capital Management LP now owns 100,000 shares of the company's stock valued at $301,000 after buying an additional 50,000 shares during the period. Finally, Lazard Asset Management LLC increased its stake in Ardagh Metal Packaging by 47.0% in the 4th quarter. Lazard Asset Management LLC now owns 280,218 shares of the company's stock valued at $843,000 after buying an additional 89,622 shares during the period. 16.93% of the stock is owned by institutional investors and hedge funds.

Ardagh Metal Packaging Price Performance

Ardagh Metal Packaging stock traded up $0.03 during trading hours on Tuesday, hitting $3.94. The company had a trading volume of 1,839,591 shares, compared to its average volume of 1,592,356. The firm has a market capitalization of $2.35 billion, a P/E ratio of -32.83, a price-to-earnings-growth ratio of 0.54 and a beta of 0.51. The firm's fifty day moving average is $3.15 and its 200-day moving average is $3.10. Ardagh Metal Packaging S.A. has a fifty-two week low of $2.50 and a fifty-two week high of $4.26.

Ardagh Metal Packaging (NYSE:AMBP - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.17 billion. Ardagh Metal Packaging had a negative net margin of 0.99% and a positive return on equity of 1,760.00%. The company's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.01 EPS. Analysts anticipate that Ardagh Metal Packaging S.A. will post 0.16 earnings per share for the current year.

Ardagh Metal Packaging Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were paid a $0.10 dividend. The ex-dividend date was Monday, May 5th. This represents a $0.40 annualized dividend and a yield of 10.15%. Ardagh Metal Packaging's dividend payout ratio is presently -1,000.00%.

Ardagh Metal Packaging Company Profile

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.