Discussion stirs around Owens-Illinois, Inc. (NYSE:OI) this week; here is what analysts are saying.

Owens-Illinois, Inc. (NYSE:OI) Logo
Investors sentiment increased to 0.9 in 2019 Q1. Its up 0.13, from 0.77 in 2018Q4. It increased, as 22 investors sold Owens-Illinois, Inc. shares while 102 reduced holdings. 48 funds opened positions while 63 raised stakes. 135.71 million shares or 3.73% less from 140.97 million shares in 2018Q4 were reported.
Moreover, Louisiana State Employees Retirement System has 0.04% invested in Owens-Illinois, Inc. (NYSE:OI) for 41,100 shares. Employees Retirement Association Of Colorado invested 0% of its portfolio in Owens-Illinois, Inc. (NYSE:OI). Moors Cabot has invested 0.03% in Owens-Illinois, Inc. (NYSE:OI). Olstein Cap Management L P holds 1.21% or 387,837 shares in its portfolio. Voya Inv Mgmt reported 31,391 shares. Geode Mngmt Limited Liability Company reported 1.71M shares. Teachers Retirement System Of The State Of Kentucky owns 28,883 shares for 0.01% of their portfolio. First Republic stated it has 0.01% of its portfolio in Owens-Illinois, Inc. (NYSE:OI). 68,248 were reported by Convergence Inv Prtn Ltd Liability Com. Parametric Assoc Ltd Llc owns 0.03% invested in Owens-Illinois, Inc. (NYSE:OI) for 1.71 million shares. Proshare Advsr Ltd Liability Corporation holds 13,599 shares or 0% of its portfolio. Profund Advisors Limited Liability Corp has invested 0.01% in Owens-Illinois, Inc. (NYSE:OI). Mason Street Advsrs Ltd Llc owns 0.03% invested in Owens-Illinois, Inc. (NYSE:OI) for 81,692 shares. Smith Asset Management Gru L P accumulated 2,200 shares. Retirement Of Alabama holds 0.02% or 199,977 shares in its portfolio.

Since August 5, 2019, it had 2 insider purchases, and 0 selling transactions for $182,876 activity. $60,766 worth of Owens-Illinois, Inc. (NYSE:OI) was bought by HELLMAN PETER S on Monday, August 5.

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

Among 4 analysts covering Owens-Illinois (NYSE:OI), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Owens-Illinois has $2000 highest and $1100 lowest target. $15.40’s average target is 40.51% above currents $10.96 stock price. Owens-Illinois had 9 analyst reports since April 3, 2019 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, September 9 by Credit Suisse. KeyBanc Capital Markets maintained Owens-Illinois, Inc. (NYSE:OI) rating on Friday, August 2. KeyBanc Capital Markets has “Underweight” rating and $1100 target. The company was maintained on Friday, August 2 by Citigroup. Goldman Sachs upgraded Owens-Illinois, Inc. (NYSE:OI) on Monday, August 5 to “Neutral” rating. Below is a list of Owens-Illinois, Inc. (NYSE:OI) latest ratings and price target changes.

09/09/2019 Broker: Credit Suisse Rating: Outperform Old Target: $24.0000 New Target: $19.0000 Maintain
05/08/2019 Broker: Goldman Sachs Old Rating: Sell New Rating: Neutral New Target: $13.0000 Upgrade
02/08/2019 Broker: Citigroup Rating: Neutral Old Target: $19.0000 New Target: $14.0000 Maintain
02/08/2019 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
02/08/2019 Broker: KeyBanc Capital Markets Rating: Underweight Old Target: $16.0000 New Target: $11.0000 Maintain
15/05/2019 Broker: Inc. Common Stock Rating: Wells Fargo New Target: $20.0000 24.0000
01/05/2019 Broker: BidaskScore Rating: Hold Upgrade
30/04/2019 Broker: Inc. Common Stock Rating: Bank Of America
03/04/2019 Broker: BidaskScore Rating: Sell Downgrade

The stock increased 0.09% or $0.01 during the last trading session, reaching $10.96. About 2.81M shares traded or 71.98% up from the average. Owens-Illinois, Inc. (NYSE:OI) has declined 8.02% since September 11, 2018 and is downtrending. It has underperformed by 8.02% 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 $1.71 billion. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It has a 6.8 P/E ratio. The firm is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals.

More notable recent Owens-Illinois, Inc. (NYSE:OI) news were published by: Finance.Yahoo.com which released: “Why Brazilian Stock Oi S.A. Plunged More Than 25% Today – Yahoo Finance” on August 20, 2019, also Finance.Yahoo.com with their article: “Volatility 101: Should Owens-Illinois (NYSE:OI) Shares Have Dropped 49%? – Yahoo Finance” published on July 03, 2019, Finance.Yahoo.com published: “Owens-Illinois (NYSE:OI) Has A Somewhat Strained Balance Sheet – Yahoo Finance” on August 12, 2019. More interesting news about Owens-Illinois, Inc. (NYSE:OI) were released by: Seekingalpha.com and their article: “Owens-Illinois: Drunk On Adjusted Earnings? – Seeking Alpha” published on August 13, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Owens-Illinois Inc (OI) A Good Stock To Buy According To Hedge Funds? – Yahoo Finance” with publication date: April 27, 2019.

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

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