Blair William & Co. IL lowered its stake in
WestRock while
Mitsubishi UFJ Trust & Banking Corp also reduced its shares in the company. Investors are still expecting a pull-back in
WestRock Company. It reported mixed Fiscal Q2 results, with an EPS of
$0.39. Its stock's performance was slightly variable, but the firm recorded some achievements such as surpassing Q2 Earnings estimates and hitting a 52-week high. A notable transaction was
President of Global Paper at WestRock Co selling shares. Meanwhile, institutional owners seem to ignore
WestRock's recent market cap decline. The company announced a
Quarterly Dividend offering and had other company stake adjustments with various firms.
WestRock confirmed a merger with
Smurfit Kappa, which resulted in the company's shares gaining. This merger boosted Westrock's position in the industry and made it appear more attractive to investors. However, due to the preparation for this merger,
WestRock has announced the closure of one of its plants in North Carolina. WestRock stockholders approved the combination with Smurfit Kappa which led to a surge in the company's stocks.
Westrock Company WRK News Analytics from Fri, 14 Feb 2020 08:00:00 GMT to Wed, 24 Jul 2024 16:45:54 GMT -
Rating -5
- Innovation 2
- Information 4
- Rumor -7
