Oregon Public Employees Retirement Fund Buys Shares of 176,693 Amcor plc (NASDAQ:AMCR)

Oregon Public Employees Retirement Fund bought a new stake in Amcor plc (NASDAQ:AMCR) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 176,693 shares of the company’s stock, valued at approximately $2,030,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AMCR. Private Trust Co. NA purchased a new position in shares of Amcor in the second quarter valued at about $264,000. Investors Research Corp purchased a new position in shares of Amcor during the second quarter valued at about $290,000. Cardinal Capital Management purchased a new position in shares of Amcor during the second quarter valued at about $143,000. Rowland & Co. Investment Counsel ADV purchased a new position in shares of Amcor during the second quarter valued at about $235,000. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of Amcor during the second quarter valued at about $202,000.

Shares of NASDAQ AMCR traded up $0.03 during midday trading on Friday, hitting $10.54. 3,722,701 shares of the company traded hands, compared to its average volume of 7,268,246. Amcor plc has a 12-month low of $10.46 and a 12-month high of $11.77.

Several brokerages recently issued reports on AMCR. Goldman Sachs Group began coverage on shares of Amcor in a research report on Wednesday, June 12th. They set a “sell” rating on the stock. Citigroup began coverage on shares of Amcor in a research report on Thursday, June 20th. They set a “buy” rating and a $13.00 price target on the stock.

Amcor Company Profile

Amcor plc develops, manufactures, and sells various packaging products for food, beverage, pharmaceutical, medical, home and personal care, and other products worldwide. It provides flexible packaging products, specialty cartons, plastic bottles and jars, and capsules and closures. The company is based in Bristol, the United Kingdom.

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Institutional Ownership by Quarter for Amcor (NASDAQ:AMCR)

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