Economy

The Capital Fund Management SA Takes Position in Silgan Holdings Inc. (SLGN)

The Firm operates in the Fabricated Products segment. It has a 20.15 P/E ratio. The Firm is a maker of rigid packaging for consumer goods products. Menta Capital LLC purchased a new stake in Silgan Holdings during the fourth quarter worth approximately $2,092,000. Cardinal Capital Management LLC CT now owns 1,151,138 shares of the industrial products company's stock valued at $58,915,000 after buying an additional 6,369 shares in the last quarter. Silgan Holdings Inc now has $3.41 billion valuation.

The stock rose 0.41% or $0.13 reaching $31.76. About shares traded. Silgan Holdings Inc. (NASDAQ:SLGN) news were published by: Moodys.com which released: "Moody's downgrades Silgan's CFR to Ba2, concludes review, rates new notes ..." on February 07, 2017, also Seekingalpha.com with their article: "Silgan Holdings' (SLGN) CEO Anthony Allott on Q1 2017 Results - Earnings Call ..." published on April 27, 2017, Seekingalpha.com published: "Silgan Holdings' (SLGN) CEO Anthony Allott on Q4 2016 Results - Earnings Call ..." on February 01, 2017. It has outperformed by 10.11% the S&P500. Company insiders own 32.94% of the company's stock. Company insiders own 32.94% of the company's stock. Envestnet Asset Management Incorporated accumulated 2,115 shares or 0% of the stock. As of quarter end Morgan Stanley had disposed of a total of 122 shares trimming its holdings by 0.4%. It has underperformed by 4.50% the S&P500. Out of 3 Wall Street analysts rating Kaiser Alum, 2 give it "Buy", 1 "Sell" rating, while 0 recommend "Hold". On July 28 the company was set at "Market Perform" according to a Wells Fargo report which is down from the previous "Outperform" rating. The firm has "Outperform" rating by Robert W. Baird given on Tuesday, January 5. The firm has "Buy" rating given on Friday, September 9 by Seaport Global Securities. Citigroup maintained it with "Neutral" rating and $55 target in Tuesday, July 19 report.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $255,288 activity. On average, equities research analysts predict that Silgan Holdings will post $1.66 earnings per share for the current fiscal year. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company's stock. Therefore 40% are positive. Silgan Holdings's dividend payout ratio is now 28.46%. BMO Capital Markets upgraded the stock to "Outperform" rating in Tuesday, January 24 report. As per Monday, September 21, the company rating was downgraded by Zacks. The rating was initiated by Macquarie Research with "Neutral" on Tuesday, November 10. The rating was maintained by Barclays Capital with "Equal Weight" on Monday, October 26.

SLGN has been the topic of several recent analyst reports. BMO Capital Markets upgraded the shares of SLGN in report on Thursday, January 21 to "Market Perform" rating.

TRADEMARK VIOLATION NOTICE: "Somewhat Positive News Coverage Somewhat Likely to Impact Silgan Holdings (SLGN) Stock Price" was posted by Transcript Daily and is the sole property of of Transcript Daily.

In other news, VP B Frederik Prinzen sold 3,204 shares of the business's stock in a transaction dated Thursday, May 11th.

In related news, VP Adam J. Greenlee sold 5,643 shares of the company's stock in a transaction that occurred on Friday, May 19th. When there are more buyers than sellers, the stock price will rise because of the increased demand. It is down 26.81% since June 19, 2016 and is uptrending. The Benin Management Corp holds 110,610 shares with $11.57 million value, up from 107,232 last quarter. (NASDAQ:SLGN) for 71,978 shares. Prior to the last earnings report, Zacks Research had a consensus estimate looking for EPS of $0.27.

Silgan Holdings earned a media sentiment score of 0.13 on AlphaOne's scale. The dividend yield was $1.14. It dropped, as 30 investors sold SLGN shares while 75 reduced holdings. (SLGN) opened at 31.57 on Monday. Gemmer Asset Mgmt Lc, California-based fund reported 49 shares. State Bank Of America De holds 0% in Silgan Holdings Inc. (NASDAQ:SLGN) for 76,720 shares. Moreover, Royal Savings Bank Of Canada has 0.01% invested in Silgan Holdings Inc. (NASDAQ:SLGN) on Tuesday, January 24 to "Outperform" rating. State Board Of Administration Of Florida Retirement Systems holds 54,409 shares or 0.01% of its portfolio. Amalgamated Commercial Bank reported 7,173 shares stake. Dekabank Deutsche Girozentrale reported 57,963 shares or 0.03% of all its holdings. Dimensional Fund Advisors LP has invested 0.02% in Silgan Holdings Inc. (NASDAQ:SLGN). The Colorado-based Asset Mngmt has invested 0% in Silgan Holdings Inc. Ngam Advisors L.P. owned approximately 0.10% of Silgan Holdings worth $3,155,000 as of its most recent filing with the SEC. (NASDAQ:SLGN) for 131,642 shares. (NASDAQ:SLGN). Guggenheim Limited Company reported 0% of its portfolio in Silgan Holdings Inc. American International Group Inc. raised its stake in Silgan Holdings by 3.8% in the first quarter. Renaissance Technologies Ltd Liability Company has 63,740 shares. BMO Capital Markets upgraded Silgan Holdings Inc. Jlb & Assocs Inc owns 105,609 shares.



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