<div id="readability-page-1"><p>XY Capital Ltd trimmed its holdings in shares of  Amcor PLC (NYSE:AMCR - Free Report) by 58.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 188,886 shares of the company's stock after selling 264,103 shares during the quarter. Amcor makes up  about  0.5% of XY Capital Ltd's investment portfolio, making the stock its 18th largest holding. XY Capital Ltd's holdings in Amcor were worth $1,832,000 as of its most recent SEC filing.</p><ul><li>3 Overlooked Dividend Plays for Income in Volatile Times</li></ul><p>A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AMCR. Rakuten Securities Inc. grew its position in shares of  Amcor by 18,725.0% during the 1st quarter. Rakuten Securities Inc. now owns 3,012 shares of the company's stock valued at $29,000 after acquiring an additional 2,996 shares during the period.  HM Payson &amp; Co. bought a new position in  Amcor in the 1st quarter worth $30,000.  Brentview Investment Management LLC purchased a new position in  Amcor during the first quarter valued at $31,000.  CVA Family Office LLC grew its holdings in  Amcor by 234.1% during the first quarter. CVA Family Office LLC now owns 3,254 shares of the company's stock valued at $32,000 after purchasing an additional 2,280 shares during the period.  Finally, Quarry LP grew its holdings in  Amcor by 2,064.5% during the fourth quarter. Quarry LP now owns 3,723 shares of the company's stock valued at $35,000 after purchasing an additional 3,551 shares during the period. 45.14% of the stock is owned by hedge funds and other institutional investors. </p><h2>Amcor Stock Up 2.4%</h2><p>NYSE AMCR opened at $9.64 on Friday. The stock's 50 day moving average is $9.38 and its 200 day moving average is $9.53. The company has a current ratio of 1.70, a quick ratio of 1.16 and a debt-to-equity ratio of 2.24. Amcor PLC has a 12 month low of $8.37 and a 12 month high of $11.48. The stock has a market cap of $13.93 billion, a PE ratio of 17.21, a P/E/G ratio of 1.21 and a beta of 0.74. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Safe Space? 3 Dividend Aristocrats With 5% Yield </li></ul><p>Several research analysts have recently commented on AMCR shares. Jefferies Financial Group started coverage on Amcor in a research note on Wednesday, July 2nd. They issued a &#34;buy&#34; rating and a $12.00 price objective on the stock. Wells Fargo &amp; Company increased their target price on shares of Amcor from $10.00 to $11.00 and gave the stock an &#34;overweight&#34; rating in a report on Friday, July 18th. UBS Group upgraded shares of Amcor from a &#34;neutral&#34; rating to a &#34;buy&#34; rating in a research note on Thursday, June 26th. Truist Financial  set a $11.00 price target on shares of Amcor and gave the stock a &#34;buy&#34; rating in a research report on Friday, July 11th. Finally, Raymond James Financial assumed coverage on shares of Amcor in a research note on Tuesday, April 22nd. They issued a &#34;market perform&#34; rating for the company. Two research analysts have rated the stock with a hold rating and eight have assigned  a buy rating to the company's stock. According to data from MarketBeat, Amcor  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $11.51.</p><p><b>Get Our Latest Analysis on Amcor</b></p><h2>About Amcor</h2> (Free Report)<ul><li>Packaging Corporation of America: A Total Package to Buy and Hold</li></ul><p>Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.</p><h2>Read More</h2><ul><li>Five stocks we like better than Amcor</li><li>Dividend Screener: How to Evaluate Dividend Stocks Before Buying</li><li>Why Monolithic Power's Earnings and Guidance Ignited a Rally</li><li>Do ETFs Pay Dividends? What You Need to Know</li><li>AppLovin’s Q2 Miss Spooks Market, But Wall Street Doubles Down</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>Microsoft Stock Gains as Analysts Boost Price Targets</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNQ1I?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNQ1I"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Amcor Right Now?</h2><p>Before you consider Amcor, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amcor wasn't on the list.</p><p>While Amcor currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AMCR

<p>XY Capital Ltd has reduced its holdings in Amcor PLC (NYSE:AMCR) by 58.3% in Q1, according to a recent SEC filing. After selling 264,103 shares, it now owns 188,886 shares, valued at approximately $1.83 million, making Amcor its 18th largest holding. Other institutional investors have also adjusted their stakes in Amcor, with notable increases from Rakuten Securities and CVA Family Office. Amcor's stock is currently trading at $9.64, with a market cap of $13.93 billion and a consensus rating of "Moderate Buy" from analysts.</p>

XY Capital Ltd Reduces Holdings in Amcor PLC (NYSE:AMCR)