Bemis Incorporated (NYSE:BMS)’s Trend Unknown, Especially After Increased Shorts

September 17, 2017 - By Linda Rogers

 Bemis Incorporated (NYSE:BMS)’s Trend Unknown, Especially After Increased Shorts

Investors sentiment is 0.85 in 2016 Q4. Its the same as in 2016Q3. It is flat, as 27 investors sold Bemis Company, Inc. shares while 130 reduced holdings. only 38 funds opened positions while 95 raised stakes. 67.58 million shares or 1.43% less from 68.55 million shares in 2016Q3 were reported.
Next Fincl Group holds 0% of its portfolio in Bemis Company, Inc. (NYSE:BMS) for 9,240 shares. Savings Bank Of Montreal Can accumulated 61,380 shares. Janus Capital Mngmt Ltd Llc invested 0% of its portfolio in Bemis Company, Inc. (NYSE:BMS). Smith Moore & Company owns 15,500 shares or 0.28% of their US portfolio. Deutsche Bank & Trust Ag owns 0.01% invested in Bemis Company, Inc. (NYSE:BMS) for 228,254 shares. Blackrock Institutional Na owns 2.91M shares or 0.02% of their US portfolio. Wealthtrust Axiom Ltd Liability Com reported 0.4% of its portfolio in Bemis Company, Inc. (NYSE:BMS). Proshare Advsr Limited Liability Com accumulated 136,805 shares or 0.07% of the stock. California Pub Employees Retirement, a California-based fund reported 275,113 shares. California State Teachers Retirement Sys holds 200,841 shares or 0.02% of its portfolio. Marshwinds Advisory, Georgia-based fund reported 19,915 shares. Greenwich Wealth Mngmt Ltd Liability accumulated 0.1% or 16,408 shares. Ahl Ptnrs Limited Liability Partnership accumulated 166,290 shares or 0.24% of the stock. Commercial Bank Of America Corporation De owns 669,052 shares or 0.01% of their US portfolio. 949,687 were accumulated by Morgan Stanley.

The stock of Bemis Incorporated (NYSE:BMS) registered an increase of 8.41% in short interest. BMS’s total short interest was 2.39 million shares in September as published by FINRA. Its up 8.41% from 2.21M shares, reported previously. With 779,300 shares average volume, it will take short sellers 3 days to cover their BMS’s short positions.

The stock decreased 0.30% or $0.14 on September 15, reaching $46.57. About 1.74 million shares traded or 11.54% up from the average. Bemis Company, Inc. (NYSE:BMS) has declined 9.13% since September 17, 2016 and is downtrending. It has underperformed by 25.83% the S&P500.

Bemis Company, Inc. is a manufacturer of packaging products. The company has market cap of $4.23 billion. The Firm operates through two divisions: U.S. It has a 20.97 P/E ratio. Packaging and Global Packaging.

Bemis Company, Inc. (NYSE:BMS) Ratings Coverage

Among 17 analysts covering Bemis Company Inc. (NYSE:BMS), 4 have Buy rating, 1 Sell and 12 Hold. Therefore 24% are positive. Bemis Company Inc. had 42 analyst reports since September 14, 2015 according to SRatingsIntel. The stock has “Equal Weight” rating by Barclays Capital on Monday, May 2. RBC Capital Markets maintained it with “Sell” rating and $4100 target in Tuesday, May 30 report. The rating was maintained by Citigroup with “Neutral” on Tuesday, July 19. As per Thursday, March 31, the company rating was downgraded by BMO Capital Markets. Macquarie Research initiated the shares of BMS in report on Tuesday, November 10 with “Neutral” rating. RBC Capital Markets downgraded Bemis Company, Inc. (NYSE:BMS) on Tuesday, December 13 to “Underperform” rating. The firm earned “Hold” rating on Friday, September 8 by Wells Fargo. BMO Capital Markets maintained it with “Hold” rating and $52 target in Thursday, April 13 report. The stock of Bemis Company, Inc. (NYSE:BMS) has “Sell” rating given on Monday, July 31 by RBC Capital Markets. On Friday, April 29 the stock rating was upgraded by Vertical Research to “Hold”.

More news for Bemis Company, Inc. (NYSE:BMS) were recently published by: Bizjournals.com, which released: “​Australia’s Amcor eyes $4B takeover of Bemis Co.” on September 08, 2017. Nasdaq.com‘s article titled: “Bemis (BMS) Up 9.4% Since Earnings Report: Can It Continue?” and published on September 12, 2017 is yet another important article.

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