Amcor plc (AMCR) figures prominently in finance news due to a significant shift in positions by high-profile investors. For instance, CANADA LIFE ASSURANCE Co has reduced its position while Mitsubishi UFJ Trust & Banking Corp sold approximately 18,000 of its shares. Meanwhile, Empowered Funds LLC and O Shaughnessy Asset Management LLC bolstered their holdings, with O Shaughnessy purchasing over 1 million shares. Intech Investment Management LLC also maintains a notable $488,000 position in Amcor. There has been an increase in short interest by 5.5%, signaling a potential bearish sentiment in the market. However, the company remains popular among institutional investors, owning 61% of the company. Ensuing discussions delve into whether this is the right time to buy Amcor stocks and the company's consistent financial performance, with Q3 2024 Earnings Call Transcript made public. Some parties challenge its dividend aristocrat status while others eye a possible earnings surprise. Despite a 16% decrease in share value over six months, some still view this as a potential buying opportunity.
Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Thu, 25 Jul 2024 19:49:00 GMT - Rating -1 - Innovation 0 - Information 8 - Rumor -3
