SG Americas Securities LLC has invested $5.33M in
Amcor Plc (AMCR) while maintaining their optimistic outlook surrounding AMCR as a dividend aristocrat. Nevertheless, their investment was later reduced, a sign possibly suggesting oscillating investor sentiment. Various institutional investors such as
Empowered Funds LLC, Cetera Advisors LLC, and Cardinal Capital Management have significantly increased their positions in AMCR, endorsing confidence in the company's potential. However, some investment groups like
Epoch Investment Partners Inc. and the Teachers Retirement System of Kentucky had reduced their holdings, possibly indicating concerns related to the company’s slow earnings performance.
Short interest in AMCR has also seen a 5.5% increase suggesting potential bearish sentiment. Nonetheless, top investment firms like Vanguard Group Inc. have managed to hike their investment positions. Reports of
AMCR's underperformance on a certain Monday could suggest market skepticism, despite AMCR's solid
ROE of 26%. AMCR's stock price has dripped 16% in a span of a year, but some investors still see potential for a rebound.
Amcor Plcs AMCR News Analytics from Fri, 02 Aug 2019 18:20:26 GMT to Sun, 11 Aug 2024 14:48:39 GMT -
Rating -2
- Innovation 0
- Information 3
- Rumor 1
