Hedge fund increases stake in O-I

Published 7th January, 2016 by Greg Morris

Hedge fund J. Goldman & Company acquired a stake in Owens-Illinois (O-I) during the third quarter of 2015, according to its most recent disclosure with the US Securities and Exchange Commission (SEC).

The hedge fund acquired 52,375 shares of O-I’s stock, valued at approximately $1,085,000.

O-I last announced earnings results on October 27th. The company had revenue of $1.60 billion for the quarter. The firm’s revenue for the quarter was down 10.3% on a year-over-year basis.

Greg Morris

Glass International Editor

Greg Morris has been editor of Glass International and organiser of the Glassman conferences since 2012, specialising in glass packaging. Prior to this he spent five years working in newspaper journalism.