17 September, 2017
The company's quarterly revenue was up 5.7% compared to the same quarter past year. The stock declined 0.46% or $0.17 reaching $36.51 on the news. About 1.47 million shares traded. Avery Dennison Corp (NYSE:AVY) has risen 10.91% since September 15, 2016 and is uptrending. It has outperformed by 20.93% the S&P500.
Here is a rundown on some insider market activity for Avery Dennison Corporation (NYSE:AVY). About 903,393 shares traded or 62.43% up from the average. Avery Dennison Corp now has $8.52B valuation. It has underperformed by 5.79% the S&P500. The stock was sold at an average price of $94.00, for a total value of $28,012.00. STANDER DEON sold 5,000 shares worth $422,500. Squarepoint Ops LLC now holds 57,133 shares valued at $5,049,000.
Avery Dennison Corporation (Avery Dennison), launched on February 23, 1977, is involved in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. The Company's segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). It has a 22.65 P/E ratio. The Company also manufactures and sells a range of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification (RFID) inlays and tags, and imprinting equipment and related services, which the Company markets to retailers, apparel manufacturers, and brand owners.
A total of 6 equity analysts have released a ratings update on AVY. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $81.83. Avery Dennison has $108 highest and $66 lowest target. Avery Dennison had 14 analyst reports since October 15, 2015 according to SRatingsIntel. The company was upgraded on Thursday, October 27 by JP Morgan. The company was maintained on Wednesday, July 26 by Citigroup.
Avery Dennison Corporation (NYSE:AVY) opened at 96.83 on Friday. Zacks Investment Research cut shares of Avery Dennison Corporation from a "buy" rating to a "hold" rating in a report on Thursday, June 22nd.
Bank of America upgraded Avery Dennison Corp (NYSE:AVY) on Tuesday, June 20 to "Buy" rating. The industrial products company reported $1.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.21 by $0.10. State Street Corp lifted its position in shares of Avery Dennison Corporation by 0.4% during the first quarter.
Investors sentiment decreased to 0.82 in 2016 Q4. Its up 0.45, from 0.85 in 2016Q3. It is positive, as 55 investors sold Avery Dennison Corp shares while 170 reduced holdings. 46 funds opened positions while 139 raised stakes. Kenmare Capital Partners Llc acquired 157,317 shares as Korn Ferry Intl (KFY)'s stock rose 3.63%. Allianz Asset Mngmt Ag stated it has 0.01% in Avery Dennison Corp (NYSE:AVY). Finally, Aegis reissued a "hold" rating on shares of Avery Dennison Corporation in a research report on Thursday, June 1st. Baring Asset Management Ltd claims 160,113 shares with a value of $14,150,000. Cwm Ltd Co holds 0% or 58 shares. Morgan Stanley invested in 145,881 shares or 0% of the stock. Hennessy Advsrs Inc accumulated 0.12% or 58,900 shares. Manufacturers Life Ins The stated it has 38,970 shares. Caxton Associate L P invested in 80,000 shares. Aperio Gru Ltd Liability Company invested in 0% or 17,610 shares. Veritable upgraded its position in stocks of Avery Dennison Corporation by 0.6% in the Fiscal Q2. Tiaa Cref Inv Ltd Com holds 0.03% of its portfolio in Avery Dennison Corp (NYSE:AVY) for 606,798 shares. The dividend payment was $0.450 per share for the quarter which comes to $1.80 on an annualized basis. Swiss Bancshares, a Switzerland-based fund reported 246,856 shares. Therefore 73% are positive. Korn/Ferry International had 7 analyst reports since August 12, 2015 according to SRatingsIntel. As per Tuesday, July 25, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Dougherty & Company on Friday, July 24 with "Buy". The company was maintained on Monday, May 2 by Barclays Capital. The ex-dividend date of this dividend is Friday, September 1st. The firm has "Buy" rating given on Friday, January 6 by Citigroup.
Investors sentiment increased to 1.3 in 2016 Q4. Its down 0.07, from 0.9 in 2016Q3. It dived, as 69 investors sold MET shares while 359 reduced holdings. Macquarie Grp Ltd invested in 0.03% or 325,781 shares. 52,181 are owned by Argentiere Cap Ag. Employees Retirement Sys Of Texas has invested 0.01% of its portfolio in Spectranetics Corp (NASDAQ:SPNC). The California-based Whittier Trust Company has invested 0% in Southwest Airlines Co (NYSE:LUV). Bank & Trust Of The Ozarks holds 0.33% or 18,963 shares in its portfolio. Brown Advisory reported 0.01% of its portfolio in Metlife Inc (NYSE:MET). 29,655 are held by Profit Mgmt Ltd Liability Com. Redwood Capital Mngmt Lc has invested 1.1% in Metlife Inc (NYSE:MET). Shell Asset invested 0.4% of its portfolio in Metlife Inc (NYSE:MET). Apache Corp (NYSE:APA) was raised too. Ls Investment Advsr Ltd Liability invested in 0.04% or 12,272 shares.
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