CCK

Investors Are Bailing Out of Crown (CCK). Here's Why.

Crown stock is trading -24.0% below its average target price of $100.2 after dropping -2.6% during today's afternoon session. Analysts are giving the large-cap Packaging & Containers company an average rating of buy and target prices ranging from $79.0 to $121.0 per share.

Crown's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.0%. The stock's short ratio is 4.04. Only 0.87% of the company's shares are owned by insiders, indicating that management does not have a deep alignment of interest with its shareholders.

Another number to watch is the company's rate of institutional share ownership, which now stands at 94.3%. In conclusion, we believe there is mixed market sentiment regarding Crown.

Institutions Invested in Crown

Date Reported Holder Percentage Shares Value
2022-12-31 Vanguard Group, Inc. (The) 10% 11,449,276 $871,862,384
2022-12-31 Blackrock Inc. 6% 6,642,507 $505,826,918
2022-12-31 Janus Henderson Group PLC 5% 6,443,206 $490,650,146
2022-12-31 FMR, LLC 4% 4,298,309 $327,316,236
2022-12-31 Victory Capital Management Inc. 3% 3,923,164 $298,748,944
2022-12-31 Nuveen Asset Management, LLC 3% 3,899,133 $296,918,983
2022-12-31 Impactive Capital, LP 3% 3,287,488 $250,342,216
2022-12-31 Capital World Investors 3% 3,193,883 $243,214,195
2022-12-31 William Blair Investment Management, LLC 2% 2,831,472 $215,616,597
2022-12-31 Massachusetts Financial Services Co. 2% 2,473,367 $188,346,900
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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