As Bemis INC (BMS) Shares Rose, Shareholder Starboard Value LP Decreased Stake

Bemis Company, Inc. (NYSE:BMS) Corporate LogoBig Money Sentiment decreased to 0.7 in 2018 Q4. It has change of 0.16, from 2018Q3’s 0.86. The ratio dropped due to BMS positioning: 44 sold and 101 reduced. 40 funds acquired positions and 61 increased positions. Investors holded 61.64 million in 2018Q3 but now own 62.43 million shares or 1.29% more. Citigroup Inc has invested 0.04% in Bemis Company, Inc. (NYSE:BMS). Fmr invested 0% in Bemis Company, Inc. (NYSE:BMS). Murphy Pohlad Asset Mgmt holds 14,935 shs. Bnp Paribas Arbitrage has 2,438 shs. Next holds 350 shs or 0% of its capital. Charles Schwab Invest Incorporated holds 0.02% of its capital in Bemis Company, Inc. (NYSE:BMS) for 580,717 shs. Teachers Retirement System Of The State Of Kentucky has invested 0.01% in Bemis Company, Inc. (NYSE:BMS). Cls Limited Liability Corporation reported 240 shs. Renaissance Technologies Limited Liability Co holds 227,100 shs. Ledyard National Bank owns 100 shs. Earnest Ptnrs Limited Liability Company has invested 0% in Bemis Company, Inc. (NYSE:BMS). Rhumbline Advisers holds 235,915 shs. Moreover, Sei Invs has 0.01% invested in Bemis Company, Inc. (NYSE:BMS) for 58,784 shs. Royal Natl Bank Of Canada stated it has 0% of its capital in Bemis Company, Inc. (NYSE:BMS). Rowland And Company Invest Counsel Adv holds 0% or 51,798 shs in its capital.

Starboard Value Lp’s holdings in Bemis Inc (BMS) is reduced by 71.35% based on its latest 2018Q4 regulatory filing with the SEC. By selling 1.41M shares Starboard Value Lp made the stock popped up with 10.22%. At the end of 2018Q4, the 565,274 shares of the consumer durables company held by the hedge fund were valued at $25.95M, down from 1.97M at the end of the previous reported quarter. $4.97B is Bemis Inc’s market cap. BMS is touching $54.48 during the last trading session, after increased 0.37%.Bemis Company, Inc. has volume of 469,124 shares. Since March 22, 2018 BMS has risen 20.14% and is uptrending. BMS outperformed the S&P500 by 15.77%.

For a total of 1.41M shares it increased its holding in Baxter Intl Inc (NYSE:BAX) by 678,000 shares in the quarter, and has risen its stake in Cars Com Inc.

Investors wait Bemis Company, Inc. (NYSE:BMS)’s quarterly earnings on April, 25., as reported by Faxor. Analysts predict 4.76 % diference or $0.66 from the $0.63 EPS from 2018. If BMS’s EPS is $0.66 the profit will be $60.17M for 20.64 P/E. After $0.71 EPS was reported last quarter, analysts now see negative EPS growth of -7.04 % for Bemis Company, Inc..

For more Bemis Company, Inc. (NYSE:BMS) news published briefly go to: Streetinsider.com, Globenewswire.com, Businesswire.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “Bristol-Myers Squibb (BMY) Highlights Significant Benefits of Pending Transaction with Celgene (CELG) – StreetInsider.com” published on March 19, 2019, “Report: Exploring Fundamental Drivers Behind Boston Scientific, United Insurance, MPLX LP, Arthur J. Gallagher, Axis Capital, and Bemis — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” on February 28, 2019, “Bristol-Myers Squibb Announces Dividend – Business Wire” with a publish date: March 07, 2019, “Bristol-Myers files proxy for Celgene merger – Seeking Alpha” and the last “Big Pharma trims projects — and a potential $1 billion in payments — from collaboration with small Peninsula biotech – San Francisco Business Times” with publication date: February 26, 2019.

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

Total analysts of 2 have positions in Bemis Co (NYSE:BMS) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. Since October 29, 2018 according to StockzIntelligence Inc Bemis Co has 3 analyst reports. On Monday, January 7 the stock of Bemis Company, Inc. (NYSE:BMS) earned “Neutral” rating by Citigroup. On Monday, October 29 the stock of Bemis Company, Inc. (NYSE:BMS) has “Overweight” rating given by Barclays Capital.

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

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