Worldwide

Xact Kapitalforvaltning AB Has $1.34 Million Stake in Avery Dennison Corporation (AVY)

Avery Dennison Corporation accounts for 2.2% of AMI Asset Management Corp's holdings, making the stock its 18th largest position. The Company's RBIS segment designs, manufactures and sells a range of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers on a global basis. He has over 20 years' experience with Avery Dennison, having served in various positions of increasing responsibility across the company, including global finance leadership for what is now its Label and Graphic Materials Division. Chevy Chase Trust Holdings Inc. now owns 131,598 shares of the industrial products company's stock valued at $11,629,000 after buying an additional 1,206 shares during the period. United Capital Financial Advisers LLC boosted its position in Avery Dennison Corporation by 0.5% in the first quarter. Nisa Investment Advisors LLC now owns 33,556 shares of the industrial products company's stock valued at $2,705,000 after buying an additional 5,283 shares during the period. Bank of New York Mellon Corp now owns 1,829,372 shares of the industrial products company's stock worth $147,448,000 after buying an additional 237,829 shares during the period. BlackRock Inc. now owns 6,908,540 shares of the industrial products company's stock worth $556,829,000 after buying an additional 6,700,152 shares during the last quarter. Geode Capital Management LLC boosted its stake in Avery Dennison Corporation by 10.4% in the first quarter. Institutional investors own 87.37% of the company's stock. Siewert Patrick also sold $722,160 worth of Avery Dennison Corp (NYSE:AVY) shares. Georgia-based Bowen Hanes Comm has invested 1.43% in Avery Dennison Corp (NYSE:AVY). The 50 day moving average went up $8.99 or +10.58% and the 200 day average was up $14.30. The stock has a market cap of $7.80 billion, a PE ratio of 23.12 and a beta of 1.11. The industrial products company reported $1.11 EPS for the quarter, topping analysts' consensus estimates of $1.04 by $0.07. The company had revenue of $1.57 billion for the quarter, compared to analysts' expectations of $1.53 billion.

Avery Dennison Corporation also recently announced a dividend paid on Wednesday June 21st, 2017. Next quarter's EPS is forecasted at $1.15 and the next full year EPS is projected to be $5.04. During the same period in the prior year, the business posted $0.94 earnings per share.

Wall Street await Avery Dennison Corp (NYSE:AVY) to release earnings on July, 25. Commonwealth Comml Bank Of holds 7,901 shares or 0.01% of its portfolio. The dividend payment was $0.450 per share for the quarter or $1.80 annualized. The ex-dividend date of this dividend was Monday, June 5th. Avery Dennison Corporation's payout ratio is now 47.37%.

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Several equities analysts have recently commented on AVY shares. The stock of Avery Dennison Corp (NYSE:AVY) has "Neutral" rating given on Friday, May 20 by JP Morgan. Zacks Investment Research cut Avery Dennison Corporation from a "buy" rating to a "hold" rating in a research note on Friday, May 19th. Bank of America Corporation upgraded shares of Avery Dennison Corporation from a "neutral" rating to a "buy" rating and upped their price target for the company from $90.00 to $96.00 in a report on Tuesday, June 20th. Aegis reaffirmed a "hold" rating on shares of Avery Dennison Corporation in a research note on Thursday, June 1st.

Renaissance Technologies LLC increased its position in shares of Avery Dennison Corporation (NYSE:AVY) by 43.3% during the first quarter, according to its most recent filing with the SEC. The latest reports which are outstanding on Monday 17th of July state 3 analysts have a rating of "strong buy", 3 analysts "buy", 3 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Avery Dennison Corporation has a consensus rating of "Buy" and a consensus price target of $88.40. $80,201 worth of stock was sold by Anderson Anthony on Tuesday, May 16. The stock was sold at an average price of $84.42, for a total value of $80,199.00. Following the transaction, the director now owns 7,492 shares of the company's stock, valued at approximately $632,474.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. $422,500 worth of Avery Dennison Corp (NYSE:AVY) was sold by STANDER DEON. The shares were sold on May 16th for an average price of $84.42.

President, LGM Georges Gravanis disclosed the sale of 22,571 shares of AVY stock. In the last three months, insiders sold 12,198 shares of company stock worth $1,034,716.

Avery Dennison Corporation (Avery Dennison) is engaged in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. Sold All: 55 Reduced: 170 Increased: 139 New Position: 46.

What are top analysts saying about Avery Dennison Corporation? Peapack Gladstone Fincl Corp has invested 0% in Avery Dennison Corp (NYSE:AVY).



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