Analysts take a look at Owens-Illinois, Inc. (NYSE:OI) having this to say.

April 17, 2018 - By Vivian Park

Owens-Illinois, Inc. (NYSE:OI) LogoInvestors sentiment decreased to 1.09 in Q4 2017. Its down 0.47, from 1.56 in 2017Q3. It dropped, as 36 investors sold Owens-Illinois, Inc. shares while 95 reduced holdings. 39 funds opened positions while 104 raised stakes. 150.68 million shares or 0.48% more from 149.96 million shares in 2017Q3 were reported.
First Pacific Advsr Limited Liability Company accumulated 9.80M shares. Hancock holds 0.12% or 126,155 shares in its portfolio. Dekabank Deutsche Girozentrale holds 0% or 5,741 shares. Systematic Financial L P reported 0.03% of its portfolio in Owens-Illinois, Inc. (NYSE:OI). Golub Gp Ltd Limited Liability Company invested in 1.65M shares. Lpl Financial Limited Company holds 0% or 40,170 shares in its portfolio. 31,170 are held by Jensen Mngmt Inc. Bokf Na stated it has 55,679 shares or 0.03% of all its holdings. 3,100 are held by First Manhattan. Bernzott Capital Advsrs has invested 3.61% of its portfolio in Owens-Illinois, Inc. (NYSE:OI). 241,930 were reported by Jacobs Levy Equity Incorporated. Utah Retirement System reported 30,141 shares. Psagot Investment House Limited accumulated 0.01% or 5,500 shares. Jane Street Ltd Llc has 21,229 shares for 0% of their portfolio. Globeflex Capital L P invested in 0.3% or 48,010 shares.

Since March 15, 2018, it had 0 buys, and 1 sale for $268,762 activity.

Owens-Illinois, Inc. (NYSE:OI) Ratings Coverage

Among 7 analysts covering Owens-Illinois (NYSE:OI), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Owens-Illinois had 8 analyst reports since October 24, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, October 25 by Bank of America. As per Wednesday, December 13, the company rating was maintained by RBC Capital Markets. The company was maintained on Monday, October 30 by KeyBanc Capital Markets. The company was maintained on Tuesday, October 24 by UBS. Wells Fargo maintained it with “Market Perform” rating and $23 target in Friday, February 9 report. The rating was maintained by RBC Capital Markets on Thursday, February 1 with “Hold”. The firm earned “Neutral” rating on Wednesday, October 25 by Robert W. Baird. Vertical Research upgraded the stock to “Buy” rating in Wednesday, February 7 report. Below is a list of Owens-Illinois, Inc. (NYSE:OI) latest ratings and price target changes.

09/02/2018 Broker: Wells Fargo Rating: Market Perform Old Target: $24 New Target: $23 Maintain
07/02/2018 Broker: Vertical Research Rating: Buy New Target: $27.0 Upgrade
01/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $24.0 Maintain
13/12/2017 Broker: RBC Capital Markets Rating: Hold New Target: $26.0 Maintain
30/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
25/10/2017 Broker: Bank of America Rating: Buy Old Target: $29 New Target: $30 Maintain
25/10/2017 Broker: Robert W. Baird Rating: Neutral Old Target: $25 New Target: $27 Maintain
24/10/2017 Broker: UBS Rating: Hold New Target: $27.0 Maintain

The stock increased 0.65% or $0.14 during the last trading session, reaching $21.71. About 150,180 shares traded. Owens-Illinois, Inc. (NYSE:OI) has risen 6.62% since April 17, 2017 and is uptrending. It has underperformed by 4.93% the S&P500.

Owens-Illinois, Inc., through its subsidiaries, makes and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the Asia Pacific. The company has market cap of $3.55 billion. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It has a 19.88 P/E ratio. The firm is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals.

Owens-Illinois, Inc. (NYSE:OI) Institutional Positions Chart

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