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Are Greif (NYSE:GEF) Shares Worth Your Time and Dime Following Recent DA Davidson Upgrade?

December 8, 2017 - By sdfsdfsdf

  Are Greif (NYSE:GEF) Shares Worth Your Time and Dime Following Recent DA Davidson Upgrade?

Investors sentiment decreased to 0.78 in 2017 Q2. Its down 0.24, from 1.02 in 2017Q1. It dived, as 16 investors sold Greif, Inc. shares while 78 reduced holdings. 29 funds opened positions while 44 raised stakes. 22.43 million shares or 4.22% less from 23.42 million shares in 2017Q1 were reported.

Axa accumulated 123,300 shares. The New York-based Renaissance Tech Ltd Liability has invested 0% in Greif, Inc. (NYSE:GEF). Proshare Llc reported 4,040 shares stake. Great West Life Assurance Can owns 15,311 shares for 0% of their portfolio. Mutual Of America Cap Mgmt Ltd Liability Company invested in 23,421 shares or 0.02% of the stock. Peak6 Investments L P holds 0% in Greif, Inc. (NYSE:GEF) or 6,902 shares. Mondrian Invest Partners owns 64,244 shares for 0.1% of their portfolio. Arizona State Retirement Systems invested 0.01% of its portfolio in Greif, Inc. (NYSE:GEF). Northwestern Mutual Wealth Management Company, Wisconsin-based fund reported 2,845 shares. Gotham Asset Mngmt Ltd stated it has 69,052 shares. Ameritas Invest Prtn stated it has 10,076 shares. Paloma Prns Mgmt Co has invested 0% in Greif, Inc. (NYSE:GEF). Rhumbline Advisers owns 51,238 shares for 0.01% of their portfolio. Prelude Management Ltd Co stated it has 0.04% of its portfolio in Greif, Inc. (NYSE:GEF). Geode Cap Ltd Liability stated it has 0.01% of its portfolio in Greif, Inc. (NYSE:GEF).

Since June 13, 2017, it had 3 insider buys, and 0 insider sales for $935,154 activity. Shares for $253,029 were bought by WATSON PETER G. Hilsheimer Lawrence A. also bought $409,269 worth of Greif, Inc. (NYSE:GEF) shares.

Greif (NYSE:GEF) Stock Upgrade

Investment analysts at the DA Davidson equities research division upgraded shares of Greif (NYSE:GEF) from a Neutral to a Buy on Thursday morning.

Investors sentiment decreased to 0.78 in 2017 Q2. Its down 0.24, from 1.02 in 2017Q1. It dived, as 16 investors sold Greif, Inc. shares while 78 reduced holdings. 29 funds opened positions while 44 raised stakes. 22.43 million shares or 4.22% less from 23.42 million shares in 2017Q1 were reported.

Axa accumulated 123,300 shares. The New York-based Renaissance Tech Ltd Liability has invested 0% in Greif, Inc. (NYSE:GEF). Proshare Llc reported 4,040 shares stake. Great West Life Assurance Can owns 15,311 shares for 0% of their portfolio. Mutual Of America Cap Mgmt Ltd Liability Company invested in 23,421 shares or 0.02% of the stock. Peak6 Investments L P holds 0% in Greif, Inc. (NYSE:GEF) or 6,902 shares. Mondrian Invest Partners owns 64,244 shares for 0.1% of their portfolio. Arizona State Retirement Systems invested 0.01% of its portfolio in Greif, Inc. (NYSE:GEF). Northwestern Mutual Wealth Management Company, Wisconsin-based fund reported 2,845 shares. Gotham Asset Mngmt Ltd stated it has 69,052 shares. Ameritas Invest Prtn stated it has 10,076 shares. Paloma Prns Mgmt Co has invested 0% in Greif, Inc. (NYSE:GEF). Rhumbline Advisers owns 51,238 shares for 0.01% of their portfolio. Prelude Management Ltd Co stated it has 0.04% of its portfolio in Greif, Inc. (NYSE:GEF). Geode Cap Ltd Liability stated it has 0.01% of its portfolio in Greif, Inc. (NYSE:GEF).

Since June 13, 2017, it had 3 insider buys, and 0 insider sales for $935,154 activity. Shares for $253,029 were bought by WATSON PETER G. Hilsheimer Lawrence A. also bought $409,269 worth of Greif, Inc. (NYSE:GEF) shares.

Greif, Inc. (NYSE:GEF) Ratings Coverage

Among 7 analysts covering Greif (NYSE:GEF), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Greif has $66.0 highest and $40 lowest target. $55.50’s average target is -14.44% below currents $64.87 stock price. Greif had 33 analyst reports since August 11, 2015 according to SRatingsIntel. On Monday, August 31 the stock rating was downgraded by Zacks to “Hold”. The firm earned “Buy” rating on Friday, January 27 by Bank of America. The stock has “Hold” rating by BMO Capital Markets on Thursday, June 8. The rating was downgraded by DA Davidson on Monday, November 21 to “Underperform”. Robert W. Baird maintained Greif, Inc. (NYSE:GEF) on Friday, November 10 with “Buy” rating. The rating was maintained by BMO Capital Markets on Monday, April 24 with “Hold”. BMO Capital Markets maintained the shares of GEF in report on Friday, October 20 with “Hold” rating. The firm earned “Market Perform” rating on Thursday, June 9 by BMO Capital Markets. The firm has “Underperform” rating by BMO Capital Markets given on Thursday, December 22. The stock has “Underweight” rating by KeyBanc Capital Markets on Tuesday, November 29.

The stock increased 18.31% or $10.04 during the last trading session, reaching $64.87. About 1.81M shares traded or 624.69% up from the average. Greif, Inc. (NYSE:GEF) has risen 67.37% since December 8, 2016 and is uptrending. It has outperformed by 50.67% the S&P500.

Greif, Inc. produces and sells industrial packaging products. The company has market cap of $3.20 billion. It operates in five divisions: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. It has a 26.15 P/E ratio. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.

More recent Greif, Inc. (NYSE:GEF) news were published by: Businesswire.com which released: “Greif, Inc. Announces 2017 Fourth Quarter Earnings Release and Conference Call …” on November 15, 2017. Also Nasdaq.com published the news titled: “Greif (GEF) Beats on Q4 Earnings & Sales, Issues FY18 View” on December 07, 2017. Reuters.com‘s news article titled: “BRIEF-Greif Inc comments on report of insider trading by co’s directors‍​” with publication date: October 10, 2017 was also an interesting one.

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