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Fisher Asset Management Raised Position in Kb Financial Group Adr (KB) by $3.46 Million as Stock Price Declined; Starboard Value LP Has Lowered Its Stake in Bemis (BMS) by $6.03 Million as Stock Value Declined

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Jeffrey Smith decreased its stake in Bemis Inc (BMS) by 6.58% based on its latest 2018Q1 regulatory filing with the SEC. Starboard Value Lp sold 140,250 shares as the company’s stock declined 2.24% with the market. The hedge fund run by Jeffrey Smith held 1.99M shares of the consumer durables company at the end of 2018Q1, valued at $86.59 million, down from 2.13M at the end of the previous reported quarter. Starboard Value Lp who had been investing in Bemis Inc for a number of months, seems to be less bullish one the $3.91 billion market cap company. The stock decreased 0.07% or $0.0296 during the last trading session, reaching $42.9504. About 70,396 shares traded. Bemis Company, Inc. (NYSE:BMS) has declined 1.36% since June 13, 2017 and is downtrending. It has underperformed by 13.93% the S&P500. Some Historical BMS News: 26/04/2018 – Bemis Co Backs 2018 Adj EPS $2.75-Adj EPS $2.90; 26/04/2018 – Bemis Co Maintains Full-Year 2018 Guidance; 26/04/2018 – BEMIS COMPANY INC QTRLY NET SALES $1,027.4 MLN VS $995.4 MLN; 16/03/2018 – BEMIS CO. REPORTS PACT WITH STARBOARD; 16/03/2018 – Bemis Names George W. Wurtz III, Robert H. Yanker to Board; 16/03/2018 – Packaging firm Bemis adds four directors in deal with Starboard; 26/04/2018 – Bemis Co 1Q Adj EPS 63c; 29/05/2018 – Bemis Closes Below 50-Day Moving Average: Technicals; 26/04/2018 – Bemis Co 1Q Net $47.6M; 16/03/2018 – Bemis Company Announces Agreement with Starboard

Ken Fisher increased its stake in Kb Financial Group Inc Adr (KB) by 27.32% based on its latest 2018Q1 regulatory filing with the SEC. Fisher Asset Management Llc bought 60,684 shares as the company’s stock declined 15.25% with the market. The hedge fund run by Ken Fisher held 282,840 shares of the commercial banks company at the end of 2018Q1, valued at $16.39M, up from 222,156 at the end of the previous reported quarter. Fisher Asset Management Llc who had been investing in Kb Financial Group Inc Adr for a number of months, seems to be bullish on the $20.78 billion market cap company. The stock decreased 0.52% or $0.27 during the last trading session, reaching $51.71. About 21,117 shares traded. KB Financial Group Inc. (NYSE:KB) has risen 6.79% since June 13, 2017 and is uptrending. It has underperformed by 5.78% the S&P500.

Starboard Value Lp, which manages about $2.57B and $4.56B US Long portfolio, upped its stake in Ishares Tr (Put) (IWM) by 986,900 shares to 3.95M shares, valued at $13.19 million in 2018Q1, according to the filing. It also increased its holding in Forest City Rlty Tr Inc by 9.94M shares in the quarter, for a total of 15.27M shares, and has risen its stake in Envision Healthcare Corp.

Analysts await Bemis Company, Inc. (NYSE:BMS) to report earnings on July, 26. They expect $0.64 EPS, up 33.33% or $0.16 from last year’s $0.48 per share. BMS’s profit will be $58.23M for 16.78 P/E if the $0.64 EPS becomes a reality. After $0.63 actual EPS reported by Bemis Company, Inc. for the previous quarter, Wall Street now forecasts 1.59% EPS growth.

Among 17 analysts covering Bemis Company Inc. (NYSE:BMS), 4 have Buy rating, 1 Sell and 12 Hold. Therefore 24% are positive. Bemis Company Inc. had 57 analyst reports since September 14, 2015 according to SRatingsIntel. Jefferies maintained Bemis Company, Inc. (NYSE:BMS) rating on Thursday, June 15. Jefferies has “Hold” rating and $4000 target. On Thursday, September 7 the stock rating was maintained by Jefferies with “Hold”. BMO Capital Markets maintained Bemis Company, Inc. (NYSE:BMS) on Friday, October 6 with “Buy” rating. Wells Fargo maintained the stock with “Hold” rating in Friday, September 8 report. The rating was upgraded by Citigroup to “Buy” on Friday, January 8. The stock of Bemis Company, Inc. (NYSE:BMS) has “Hold” rating given on Thursday, July 14 by Jefferies. The firm has “Sell” rating by RBC Capital Markets given on Tuesday, May 30. The firm has “Sell” rating by Vertical Research given on Friday, March 18. The stock has “Neutral” rating by Citigroup on Wednesday, April 6. The stock of Bemis Company, Inc. (NYSE:BMS) earned “Hold” rating by BMO Capital Markets on Friday, June 2.

Investors sentiment increased to 0.93 in Q1 2018. Its up 0.04, from 0.89 in 2017Q4. It is positive, as 29 investors sold BMS shares while 103 reduced holdings. 34 funds opened positions while 89 raised stakes. 64.30 million shares or 0.60% less from 64.69 million shares in 2017Q4 were reported. Glenmede Trust Na invested in 796 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 5,009 shares or 0% of its portfolio. Citigroup Incorporated reported 10,701 shares. Texas Permanent School Fund reported 60,227 shares or 0.03% of all its holdings. North Star Inv Mngmt Corporation holds 0% or 500 shares in its portfolio. Dorsey & Whitney Tru Ltd Liability stated it has 146,340 shares. Nwq Investment Management Ltd Com, California-based fund reported 811,355 shares. Clearbridge Investments Llc has 0% invested in Bemis Company, Inc. (NYSE:BMS) for 600 shares. Arrowstreet Ltd Partnership stated it has 0.01% in Bemis Company, Inc. (NYSE:BMS). Morgan Stanley reported 349,121 shares stake. Jarislowsky Fraser holds 22,663 shares or 0.01% of its portfolio. Carroll Fincl Assoc Inc has 0.01% invested in Bemis Company, Inc. (NYSE:BMS). Ontario – Canada-based Mackenzie Fincl Corporation has invested 0.02% in Bemis Company, Inc. (NYSE:BMS). Canada Pension Plan Investment Board has invested 0% of its portfolio in Bemis Company, Inc. (NYSE:BMS). Fiduciary Tru reported 210,017 shares.

Another recent and important KB Financial Group Inc. (NYSE:KB) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for Helen of Troy, Macro Bank, American Software, Shire plc, KB Financial Group …” on June 05, 2018.

Among 3 analysts covering HB Financial Group (NYSE:KB), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. HB Financial Group had 3 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of KB Financial Group Inc. (NYSE:KB) has “Overweight” rating given on Monday, February 13 by JP Morgan. The stock of KB Financial Group Inc. (NYSE:KB) has “Buy” rating given on Friday, July 24 by Nomura. The firm earned “Overweight” rating on Thursday, February 23 by Morgan Stanley.

Fisher Asset Management Llc, which manages about $81.96B US Long portfolio, decreased its stake in Magnit Pjsc Gdr by 2.98 million shares to 1.00M shares, valued at $18.47M in 2018Q1, according to the filing. It also reduced its holding in Ishares Tr Russell 2000 Etf (IWM) by 3,584 shares in the quarter, leaving it with 3,376 shares, and cut its stake in Bayerische Motoren Werke A Adr.

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

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