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Investors boost holdings in Amcor, a packaging company, as it meets earnings expectations with a $0.16 EPS.
Morningstar Investment Management and Convergence Investment Partners have increased their holdings in Amcor, a packaging products company.
Several other institutional investors also adjusted their stakes.
Amcor's recent earnings report showed $0.16 EPS, meeting analyst expectations, with a consensus "Moderate Buy" rating and a price target of $11.46.
The company has a market cap of $14.74 billion and a dividend yield of 5.00%.
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Los inversores aumentan sus participaciones en Amcor, una empresa de embalaje, ya que satisface las expectativas de ganancias con un EPS de 0,16.