Westrock Company Common Stock W (NYSE:WRK).
Agf Investments Inc. says it decreased its ownership in Westrock Company Common Stock W stock by 25,547 shares in the last quarter. Its stake stood at $20,651,000 a decrease of 6.5% as of the end of the quarter.
Here are some institutional investors who have increased or decreased their stake in (WRK). Tredje Ap-fonden bolstered its holdings by buying 9,680 shares an increase of 19.7% in the quarter. Tredje Ap-fonden claims 58,902 shares valued at $3,342,000. The value of the position overall is up by 19.8%. As of quarter end Hosking Partners Llp had bought 697 shares growing its position 0.5%. The value of the investment in (WRK) went from $7,279,000 to $7,327,000 a change of 0.7% for the reporting period.
As of the end of the quarter Raymond James & Associates had disposed of a total of 49 shares trimming its holdings by 0.0%. The value in dollars increased from $20,577,000 to $20,600,000 increasing 0.1% quarter over quarter.
Equity analyst Barclays PLC raised the price target on November 6 changing the price objective from $58.00 to $60.00 and stated a “Equal Weight” rating. DA Davidson raised the price target on November 3 changing the forecast from $0.00 to $74.00 with a rating of “Buy”.
On October 24 analysts at Stephens released a research note on WRK with an initial rating of “Equal Weight”. October 11 investment analysts at KeyCorp kept a “Hold” rating on the company.
October 9 investment analysts at Deutsche Bank AG maintained a stock rating of “Buy” targeting a price of $65.00. On September 25 Royal Bank Of Canada made no change to the company rating of “Buy” with a current price target of $65.00.
The company is up by 0.44% since yesterday’s close of 58.65. The company currently has a P/E ratio of 21.29 and the market value is 14.96B. In the latest earnings report the EPS was $2.77 with 253.90M shares presently outstanding.
Short traders are feeling a little more bullish on shares of Westrock Company Common Stock W lately if you take into consideration the decrease in short interest. The company saw a fall in short interest of -0.14% between September 29, 2017 and October 13, 2017. Short interest fell from 2,787,508 to 2,783,618 over that period. The days to cover decreased to 2.0 and the percentage of shorted shares was 0.01% on October 13.