Amcor Plc (NYSE:AMCR) has been the focus of many investment activities recently. Institutional investors have a strong reliance on the company, claiming a majority ownership of 63%. Despite some institutions like the California State Teachers Retirement System and Epoch Investment Partners Inc. cutting down their stock, new purchases from entities such as Empowered Funds LLC and CreativeOne Wealth LLC show continued confidence. A recent surge in short interest by 5.5% should also be noted. However, concerns arise from Amcor's dividend performance being regarded as one of the weakest among dividend aristocrats. Additionally, earnings have been seen to decline for investors who have held Amcor over the last three years. Market participants recognize the earnings of Amcor but concerns are there about Amcor's next dividend venture. Nevertheless, entities like the Vanguard Group and Russell Investments Group affirm their position by boosting and reducing their positions respectively. Recent insider activity, such as Eric V Roegner's 14,197 USD purchase of AMCR stock suggests potential gains.
Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Fri, 02 Aug 2024 18:13:41 GMT -
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