Investors sentiment decreased to 1.23 in Q2 2019. Its down 0.02, from 1.25 in 2019Q1. It dropped, as 16 investors sold Sonoco Products Company shares while 111 reduced holdings. 50 funds opened positions while 106 raised stakes. 72.05 million shares or 0.34% less from 72.30 million shares in 2019Q1 were reported.
Cambridge Invest Research Advsrs Incorporated accumulated 3,735 shares. Charles Schwab Investment Incorporated accumulated 824,764 shares. California Public Employees Retirement Sys stated it has 235,861 shares. Engineers Gate Manager L P stated it has 3,840 shares. Morgan Stanley reported 0% of its portfolio in Sonoco Products Company (NYSE:SON). Jpmorgan Chase And holds 0.01% in Sonoco Products Company (NYSE:SON) or 450,763 shares. Dekabank Deutsche Girozentrale stated it has 199,700 shares. Dimensional Fund Advsr L P accumulated 1.84M shares or 0.05% of the stock. Hanson Doremus Inv Mngmt accumulated 0.16% or 7,617 shares. Brookmont Capital Mgmt holds 1.11% of its portfolio in Sonoco Products Company (NYSE:SON) for 28,219 shares. Old Republic holds 0.59% in Sonoco Products Company (NYSE:SON) or 351,800 shares. Shelton Cap Management holds 0.03% of its portfolio in Sonoco Products Company (NYSE:SON) for 7,027 shares. Voya Ltd Liability Corporation has invested 0.03% in Sonoco Products Company (NYSE:SON). National Bank & Trust Of America Corporation De invested 0.02% in Sonoco Products Company (NYSE:SON). Veritable Ltd Partnership accumulated 0.01% or 5,080 shares.
Sonoco Products Company (NYSE:SON) Ratings Coverage
Among 2 analysts covering Sonoco Products (NYSE:SON), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Sonoco Products has $6500 highest and $56 lowest target. $60’s average target is -0.02% below currents $60.01 stock price. Sonoco Products had 9 analyst reports since June 24, 2019 according to SRatingsIntel. As per Friday, October 18, the company rating was upgraded by BMO Capital Markets. As per Friday, October 18, the company rating was maintained by Robert W. Baird. As per Monday, June 24, the company rating was downgraded by Goldman Sachs. Below is a list of Sonoco Products Company (NYSE:SON) latest ratings and price target changes.
27/11/2019 Broker: BidaskScore Rating: Sell Upgrade
21/10/2019 Broker: BMO Capital Markets Old Rating: Underperform New Rating: Market Perform Upgrade
18/10/2019 Broker: BMO Capital Markets Rating: Hold New Target: $56 Upgrade
17/10/2019 Broker: KeyBanc Capital Markets Rating: Hold Maintain
18/10/2019 Broker: Vertical Group Old Rating: Sell New Rating: Hold Upgrade
18/10/2019 Broker: Robert W. Baird Rating: Outperform Old Target: $70.0000 New Target: $65.0000 Maintain
16/07/2019 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Underperform Downgrade
12/07/2019 Broker: Bank of America Old Rating: Neutral New Rating: Underperform Downgrade
24/06/2019 Broker: Goldman Sachs Rating: Sell New Target: $59 Downgrade
The stock increased 0.35% or $0.21 during the last trading session, reaching $60.01. About 382,190 shares traded. Sonoco Products Company (NYSE:SON) has risen 8.32% since December 4, 2018 and is uptrending. It has outperformed by 8.32% the S&P500.
Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company has market cap of $6.01 billion. The firm operates through four divisions: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. It has a 18.75 P/E ratio. The Consumer Packaging segment offers composite and thermoformed plastic round and shaped rigid containers and trays; extruded and injection-molded plastic products; printed flexible packaging products; brand artwork management; and metal and peelable membrane ends and closures.
More notable recent Sonoco Products Company (NYSE:SON) news were published by: Seekingalpha.com which released: “Sonoco: The Slight Pullback Is Not Enough – Seeking Alpha” on November 07, 2019, also Globenewswire.com with their article: “Sonoco Releases Corporate Responsibility Report NYSE:SON – GlobeNewswire” published on August 05, 2019, Finance.Yahoo.com published: “Is It Worth Considering Sonoco Products Company (NYSE:SON) For Its Upcoming Dividend? – Yahoo Finance” on August 04, 2019. More interesting news about Sonoco Products Company (NYSE:SON) were released by: Globenewswire.com and their article: “Sonoco Declares Regular Quarterly Common Stock Dividend – GlobeNewswire” published on July 17, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Sonoco Products Company’s (NYSE:SON) Balance Sheet Strong Enough To Weather A Storm? – Yahoo Finance” with publication date: July 20, 2019.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.