Ardagh Metal Packaging S.A. (NYSE:AMBP) Shares Purchased by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD boosted its holdings in shares of Ardagh Metal Packaging S.A. (NYSE:AMBP) by 22.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,588 shares of the company’s stock after acquiring an additional 10,729 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in Ardagh Metal Packaging were worth $174,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. CenterBook Partners LP boosted its position in shares of Ardagh Metal Packaging by 161.0% during the fourth quarter. CenterBook Partners LP now owns 2,370,730 shares of the company’s stock worth $7,136,000 after buying an additional 1,462,548 shares during the period. Renaissance Technologies LLC boosted its position in shares of Ardagh Metal Packaging by 19.4% during the fourth quarter. Renaissance Technologies LLC now owns 1,817,632 shares of the company’s stock worth $5,471,000 after buying an additional 294,700 shares during the period. Geode Capital Management LLC boosted its holdings in Ardagh Metal Packaging by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 1,810,069 shares of the company’s stock valued at $5,448,000 after purchasing an additional 25,187 shares during the period. Gamco Investors INC. ET AL boosted its holdings in Ardagh Metal Packaging by 7.5% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,314,433 shares of the company’s stock valued at $3,956,000 after purchasing an additional 91,500 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Ardagh Metal Packaging by 6.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 935,648 shares of the company’s stock valued at $2,816,000 after purchasing an additional 59,663 shares during the period. Institutional investors and hedge funds own 16.93% of the company’s stock.

Ardagh Metal Packaging Trading Up 2.8%

NYSE:AMBP opened at $3.87 on Friday. The firm has a market cap of $2.32 billion, a PE ratio of -32.28, a price-to-earnings-growth ratio of 0.54 and a beta of 0.51. The stock has a fifty day moving average price of $3.12 and a 200 day moving average price of $3.10. Ardagh Metal Packaging S.A. has a 12-month low of $2.50 and a 12-month high of $4.26.

Ardagh Metal Packaging (NYSE:AMBP) last released its earnings results on Thursday, April 24th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.17 billion. Ardagh Metal Packaging had a positive return on equity of 1,760.00% and a negative net margin of 0.99%. Ardagh Metal Packaging’s revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $0.01 earnings per share. Equities analysts forecast that Ardagh Metal Packaging S.A. will post 0.16 EPS for the current year.

Ardagh Metal Packaging Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $0.40 dividend on an annualized basis and a yield of 10.33%. Ardagh Metal Packaging’s dividend payout ratio (DPR) is presently -1,000.00%.

Ardagh Metal Packaging Company Profile

Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.