Bemis Company Inc (NYSE:BMS) Shorted Shares Decreased By 18.25%

May 18, 2018 - By Melody Miller

Bemis Company, Inc. (NYSE:BMS) Logo

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.14, from 0.75 in 2017Q3. It increased, as 37 investors sold Bemis Company, Inc. shares while 105 reduced holdings. 42 funds opened positions while 84 raised stakes. 64.69 million shares or 0.37% less from 64.94 million shares in 2017Q3 were reported.
Pggm Invs holds 255,700 shares or 0.07% of its portfolio. Zeke Advsr Ltd Liability Corp owns 38,790 shares or 0.19% of their US portfolio. Swiss Bancorporation reported 155,700 shares stake. Automobile Association stated it has 255,732 shares or 0.03% of all its holdings. Jnba Fincl holds 0% or 418 shares in its portfolio. Wellington Grp Inc Ltd Liability Partnership reported 0% of its portfolio in Bemis Company, Inc. (NYSE:BMS). First Republic Mgmt Inc has invested 0% in Bemis Company, Inc. (NYSE:BMS). Lowe Brockenbrough, a Virginia-based fund reported 16,350 shares. Silvercrest Asset Group Limited Com owns 4,545 shares or 0% of their US portfolio. Homrich Berg holds 0.06% or 19,519 shares. Btim stated it has 464,108 shares. South Dakota Council accumulated 21,000 shares. Farallon Management Ltd Limited Liability Company holds 0.02% of its portfolio in Bemis Company, Inc. (NYSE:BMS) for 60,000 shares. Moreover, Rowland And Inv Counsel Adv has 0.93% invested in Bemis Company, Inc. (NYSE:BMS). Regentatlantic Capital Limited Liability Corp, New Jersey-based fund reported 5,715 shares.

The stock of Bemis Company Inc (NYSE:BMS) registered a decrease of 18.25% in short interest. BMS’s total short interest was 2.50 million shares in May as published by FINRA. Its down 18.25% from 3.06M shares, reported previously. With 726,400 shares average volume, it will take short sellers 3 days to cover their BMS’s short positions. The short interest to Bemis Company Inc’s float is 2.78%.

The stock increased 0.82% or $0.35 during the last trading session, reaching $43. About 422,919 shares traded. Bemis Company, Inc. (NYSE:BMS) has declined 11.36% since May 18, 2017 and is downtrending. It has underperformed by 22.91% the S&P500.

Bemis Company, Inc. manufactures and sells packaging products. The company has market cap of $3.91 billion. It operates through two divisions, U.S. It has a 42.16 P/E ratio. Packaging and Global Packaging.

Bemis Company, Inc. (NYSE:BMS) Ratings Coverage

Among 5 analysts covering Bemis Company Inc. (NYSE:BMS), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Bemis Company Inc. had 7 analyst reports since January 2, 2018 according to SRatingsIntel. The firm has “Underperform” rating given on Friday, February 2 by Bank of America. The firm has “Sell” rating given on Thursday, February 1 by RBC Capital Markets. The firm has “Hold” rating by SunTrust given on Wednesday, January 31. Bank of America downgraded the stock to “Underperform” rating in Tuesday, January 2 report. Credit Suisse maintained the stock with “Neutral” rating in Tuesday, February 6 report. The stock has “Buy” rating by Bank of America on Monday, April 2. Citigroup maintained it with “Neutral” rating and $46 target in Thursday, April 5 report.

Bemis Company, Inc. (NYSE:BMS) Institutional Positions Chart

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