Silgan Holdings Inc. (SLGN) Shares Bought by Teachers Advisors LLC

Teachers Advisors LLC increased its stake in Silgan Holdings Inc. (NASDAQ:SLGN) by 264.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 161,986 shares of the industrial products company’s stock after acquiring an additional 117,593 shares during the period. Teachers Advisors LLC owned approximately 0.15% of Silgan Holdings worth $5,148,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. boosted its position in shares of Silgan Holdings by 1.0% in the first quarter. Pacer Advisors Inc. now owns 2,732 shares of the industrial products company’s stock worth $162,000 after acquiring an additional 27 shares during the last quarter. Utah Retirement Systems boosted its position in shares of Silgan Holdings by 1.5% in the first quarter. Utah Retirement Systems now owns 6,752 shares of the industrial products company’s stock worth $401,000 after acquiring an additional 100 shares during the last quarter. US Bancorp DE boosted its position in shares of Silgan Holdings by 3.1% in the first quarter. US Bancorp DE now owns 3,381 shares of the industrial products company’s stock worth $200,000 after acquiring an additional 101 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Silgan Holdings by 9.8% in the first quarter. Envestnet Asset Management Inc. now owns 2,322 shares of the industrial products company’s stock worth $139,000 after acquiring an additional 207 shares during the last quarter. Finally, Advantus Capital Management Inc boosted its position in shares of Silgan Holdings by 4.5% in the first quarter. Advantus Capital Management Inc now owns 4,793 shares of the industrial products company’s stock worth $285,000 after acquiring an additional 207 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors and hedge funds.

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In other Silgan Holdings news, VP Anthony P. Andreacchi sold 2,192 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $30.18, for a total transaction of $66,154.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas James Snyder sold 10,506 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $30.78, for a total value of $323,374.68. The disclosure for this sale can be found here. In the last three months, insiders sold 19,698 shares of company stock valued at $597,429. 33.10% of the stock is currently owned by company insiders.

Silgan Holdings Inc. (NASDAQ:SLGN) opened at 29.36 on Wednesday. The firm has a market capitalization of $3.24 billion, a PE ratio of 23.32 and a beta of 0.53. The firm’s 50-day moving average is $29.44 and its 200-day moving average is $30.52. Silgan Holdings Inc. has a 12 month low of $23.58 and a 12 month high of $32.50.

Silgan Holdings (NASDAQ:SLGN) last announced its quarterly earnings results on Wednesday, July 26th. The industrial products company reported $0.35 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.35. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Silgan Holdings had a return on equity of 31.19% and a net margin of 3.83%. The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. On average, equities research analysts expect that Silgan Holdings Inc. will post $1.66 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were paid a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.36 annualized dividend and a dividend yield of 1.23%. Silgan Holdings’s payout ratio is 29.03%.

Several equities research analysts recently issued reports on SLGN shares. KeyCorp reissued a “hold” rating on shares of Silgan Holdings in a research report on Friday, August 25th. Goldman Sachs Group, Inc. (The) cut shares of Silgan Holdings from a “neutral” rating to a “sell” rating and set a $30.00 target price on the stock. in a research report on Thursday, July 13th. BidaskClub cut shares of Silgan Holdings from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada started coverage on shares of Silgan Holdings in a research report on Monday. They issued a “sector perform” rating and a $30.00 target price on the stock. Finally, BMO Capital Markets reissued a “

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. boosted its position in shares of Silgan Holdings by 1.0% in the first quarter. Pacer Advisors Inc. now owns 2,732 shares of the industrial products company’s stock worth $162,000 after acquiring an additional 27 shares during the last quarter. Utah Retirement Systems boosted its position in shares of Silgan Holdings by 1.5% in the first quarter. Utah Retirement Systems now owns 6,752 shares of the industrial products company’s stock worth $401,000 after acquiring an additional 100 shares during the last quarter. US Bancorp DE boosted its position in shares of Silgan Holdings by 3.1% in the first quarter. US Bancorp DE now owns 3,381 shares of the industrial products company’s stock worth $200,000 after acquiring an additional 101 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Silgan Holdings by 9.8% in the first quarter. Envestnet Asset Management Inc. now owns 2,322 shares of the industrial products company’s stock worth $139,000 after acquiring an additional 207 shares during the last quarter. Finally, Advantus Capital Management Inc boosted its position in shares of Silgan Holdings by 4.5% in the first quarter. Advantus Capital Management Inc now owns 4,793 shares of the industrial products company’s stock worth $285,000 after acquiring an additional 207 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://ledgergazette.com/2017/10/11/silgan-holdings-inc-slgn-shares-bought-by-teachers-advisors-llc.html.

In other Silgan Holdings news, VP Anthony P. Andreacchi sold 2,192 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $30.18, for a total transaction of $66,154.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas James Snyder sold 10,506 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $30.78, for a total value of $323,374.68. The disclosure for this sale can be found here. In the last three months, insiders sold 19,698 shares of company stock valued at $597,429. 33.10% of the stock is currently owned by company insiders.

Silgan Holdings Inc. (NASDAQ:SLGN) opened at 29.36 on Wednesday. The firm has a market capitalization of $3.24 billion, a PE ratio of 23.32 and a beta of 0.53. The firm’s 50-day moving average is $29.44 and its 200-day moving average is $30.52. Silgan Holdings Inc. has a 12 month low of $23.58 and a 12 month high of $32.50.

Silgan Holdings (NASDAQ:SLGN) last announced its quarterly earnings results on Wednesday, July 26th. The industrial products company reported $0.35 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.35. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Silgan Holdings had a return on equity of 31.19% and a net margin of 3.83%. The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. On average, equities research analysts expect that Silgan Holdings Inc. will post $1.66 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were paid a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.36 annualized dividend and a dividend yield of 1.23%. Silgan Holdings’s payout ratio is 29.03%.

Several equities research analysts recently issued reports on SLGN shares. KeyCorp reissued a “hold” rating on shares of Silgan Holdings in a research report on Friday, August 25th. Goldman Sachs Group, Inc. (The) cut shares of Silgan Holdings from a “neutral” rating to a “sell” rating and set a $30.00 target price on the stock. in a research report on Thursday, July 13th. BidaskClub cut shares of Silgan Holdings from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada started coverage on shares of Silgan Holdings in a research report on Monday. They issued a “sector perform” rating and a $30.00 target price on the stock. Finally, BMO Capital Markets reissued a “buy” rating and issued a $34.00 target price on shares of Silgan Holdings in a research report on Sunday, July 9th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. Silgan Holdings presently has an average rating of “Hold” and an average price target of $32.00.

Silgan Holdings Profile

Silgan Holdings Inc is a holding company. The Company is a manufacturer of rigid packaging for consumer goods products. The Company operates in three business segments: metal containers, closures and plastic containers. Its metal container segment is engaged in the manufacture and sale of steel and aluminum containers for human and pet food and general line products.

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Institutional Ownership by Quarter for Silgan Holdings (NASDAQ:SLGN)

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