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Investors boost holdings in Amcor, a packaging company meeting earnings expectations.
Morningstar Investment Management and Convergence Investment Partners have increased their holdings in Amcor plc, with other institutions also boosting their stakes.
Amcor's recent earnings matched analysts' expectations at $0.16 per share, and the company has a "Moderate Buy" rating with a price target of $11.46.
Amcor, which develops and sells packaging products, has seen various investor positions change significantly in recent quarters.
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Los inversores aumentan sus participaciones en Amcor, una empresa de envases que cumple con las expectativas de ganancias.