Internacional

Sealed Air Corporation (SEE) Shares Bought by KCG Holdings Inc

Sealed Air Corporation (SEE) Shares Bought by KCG Holdings Inc

Finally, Renaissance Technologies LLC acquired a new position in Sealed Air Corporation during the fourth quarter valued at $29,435,000. Moreover, Banc Funds Co Llc has 1.23% invested in the company for 1.76 million shares. Sealed Air Corp (NYSE:SEE) has declined 6.94% since July 6, 2016 and is downtrending. Ltd owned about 0.93% of Sealed Air Corporation as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company.

05/09/2017 - Sealed Air Corporation was downgraded to " by analysts at Bank of America Merrill Lynch. Ladenburg Thalmann Financial Services Inc. now owns 3,571 shares of the industrial products company's stock valued at $163,000 after buying an additional 578 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in Sealed Air Corporation by 19.3% in the fourth quarter. Bank of New York Mellon Corp now owns 1,788,451 shares of the industrial products company's stock valued at $77,943,000 after buying an additional 23,184 shares in the last quarter. Equities analysts expect Sealed Air Corp to earn $2.50 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 25.6%. Following the completion of the transaction, the insider now directly owns 148,077 shares of the company's stock, valued at approximately $6,380,637.93. LSV Asset Management raised its stake in Air Lease Corporation by 797.6% in the first quarter. The fund owned 37,312 shares of the industrial products company's stock after buying an additional 21,970 shares during the period.

KCG Holdings Inc. increased its stake in Sealed Air Corporation (NYSE:SEE) by 143.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The stock has a market cap of $3.99 billion, a PE ratio of 11.52 and a beta of 1.78. The firm has a 50-day moving average price of $44.38 and a 200 day moving average price of $45.68. Air Lease Corporation has a 52-week low of $26.27 and a 52-week high of $40.24.

Sealed Air Corp (NYSE:SEE) last announced its earnings results on Tuesday, May 9th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.03. The business's revenue for the quarter was up 2.6% compared to the same quarter a year ago. Jefferies maintained Sealed Air Corp (NYSE:SEE) on Thursday, July 14 with "Hold" rating. The company's revenue for the quarter was up 2.6% on a year-over-year basis.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 11th. Stockholders of record on Friday, September 1st will be issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, June 12th. The stock rose 1.41% or $0.63 reaching $45.35. Air Lease Corporation's dividend payout ratio is now 8.90%.

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The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.58 billion. Zacks Investment Research raised Air Lease Corporation from a "sell" rating to a "hold" rating in a report on Monday.

In other Air Lease Corporation news, EVP Grant A. Levy sold 27,854 shares of the stock in a transaction that occurred on Tuesday, June 13th.

04/04/2017 - Sealed Air Corporation had its "buy" rating reiterated by analysts at Goldman Sachs. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Sealed Air Corp has a consensus rating of "Hold" and a consensus target price of $49.09. The stock was bought at an average price of $42.97 per share, for a total transaction of $299,071.20. Following the completion of the purchase, the insider now directly owns 199,000 shares of the company's stock, valued at approximately $8,551,030. Also, CAO William G. Stiehl sold 3,000 shares of the firm's stock in a transaction dated Friday, May 19th. The shares were purchased at an average price of $43.09 per share, with a total value of $129,270.00. The disclosure for this sale can be found here. Diversey refers to the Diversey Care and food hygiene and cleaning business.