Thrivent Financial for Lutherans Reduces $2M in Amcor plc ($AMCR)
Key Points
- Thrivent Financial for Lutherans changed its Amcor plc ($AMCR) stake by 2.7% last quarter, cutting to 1,369,092 shares worth $55.71 million.
- Wall Street's consensus rating on $AMCR is Buy and an average price target of $48.21.
- $AMCR last traded around $40.69.
Thrivent Financial for Lutherans trimmed its position in Amcor plc ($AMCR) by 2.7% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,369,092 shares of Amcor plc after selling 37,745 shares during the quarter. Thrivent Financial for Lutherans's holdings in Amcor plc were worth $55.71 million as of its most recent filing.
Amcor plc ($AMCR) Stock
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About Amcor plc
Amcor plc, together with its subsidiaries, engages in the production and sale of packaging products in Europe, North America, Latin America, and the Asia Pacific. The company operates in two segments, Global Flexible Packaging Solutions and Global Rigid Packaging Solutions. The Global Flexible Packaging Solutions segment develops and supplies flexible packaging products, including polymer resin, aluminum, and fiber based flexible packaging products to the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Global Rigid Packaging Solutions segment manufactures rigid packaging containers, closures, dispensing and pharma devices, and related products for the food and beverage applications. The company sells its products through its direct sales force. The company was incorporated in 1926 and is headquartered in Zurich, Switzerland.
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