Economy

Avery Dennison Corporation (NYSE:AVY) Earns Daily Media Sentiment Score of 0.27

Senator Investment Group Lp sold 2.25M shares as Southwest Airls Co (LUV)'s stock rose 1.26%. The company's revenue for the quarter was up 6.6% compared to the same quarter a year ago. The company had a trading volume of 668,404 shares. The stock rose 0.67% or $0.64 reaching $96.4. It has outperformed by 50.67% the S&P500. Citigroup Inc. increased their target price on shares of Avery Dennison Corporation from $106.00 to $108.00 and gave the stock a "buy" rating in a research report on Wednesday, July 26th. The 6 months bullish chart indicates low risk for the $8.54 billion company. The stock has "Buy" rating by Citigroup on Monday, August 15. Morgan Stanley invested in 145,881 shares or 0% of the stock. Avery Dennison had 14 analyst reports since October 15, 2015 according to SRatingsIntel. It has underperformed by 5.79% the S&P500.

Since April 28, 2017, it had 0 buys, and 4 sales for $2.91 million activity. Anderson Anthony sold $532,017 worth of stock or 6,248 shares. About 937,786 shares traded or 4.01% up from the average. 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 now has a P/E ratio of 22.75 and the market cap is 8.56B. The Business's segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). It has a 22.68 P/E ratio. Avery Dennison Corporation had a return on equity of 37.46% and a net margin of 5.27%. Therefore 36% are positive. The company has a 50 day moving average price of $93.66 and a 200-day moving average price of $86.71. Avery Dennison Corporation now has a consensus rating of "Buy" and a consensus target price of $92.86. As per Friday, January 6, the company rating was upgraded by Citigroup. Also, Director David E.I. Pyott sold 2,000 shares of Avery Dennison Corporation stock in a transaction dated Wednesday, August 30th. The stock has "Hold" rating by KeyBanc Capital Markets on Tuesday, July 25.

Avery Dennison Corporation (NYSE:AVY) last issued its quarterly earnings data on Tuesday, July 25th. KeyBanc Capital Markets maintained Avery Dennison Corp (NYSE:AVY) on Wednesday, June 21 with "Hold" rating.

Shares of Avery Dennison Corporation (NYSE:AVY) opened at 96.83 on Friday. Aegis restated a "hold" rating on shares of Avery Dennison Corporation in a research report on Thursday, June 1st.

Analysts await Avery Dennison Corp (NYSE:AVY) to report earnings on October, 25. They expect $1.52 EPS, up 16.92% or $0.22 from last year's $1.3 per share.

Investors sentiment increased to 0.97 in Q4 2016. Its up 0.45, from 0.85 in 2016Q3.

A number of other institutional investors also recently added to or reduced their stakes in AVY. 46 funds opened positions while 139 raised stakes. Pyott now owns $1,532,482 of the stock according to the SEC filing. Finally, Atlantic Trust Group LLC boosted its stake in Avery Dennison Corporation by 0.7% during the first quarter. Allianz Asset Mngmt Ag stated it has 0.01% in Avery Dennison Corp (NYSE:AVY).

Avery Dennison Corporation (NYSE:AVY) declined 1.80% throughout intraday market trading on early Wednesday, topping $93.09. Baring Asset Management Ltd controls 160,113 shares with a value of $14,150,000. Boothbay Fund Mngmt Limited Liability Company holds 0.12% or 6,870 shares. Macquarie Grp Ltd invested in 0.03% or 325,781 shares. Gulf Interest Natl Bank (Uk) Ltd invested in 28,949 shares or 0.03% of the stock. Manufacturers Life Ins The stated it has 38,970 shares. Caxton Associate L P invested in 80,000 shares. Great Lakes Advisors Limited Liability reported 82,347 shares. Barclays Capital maintained Avery Dennison Corp (NYSE:AVY) on Monday, May 2 with "Overweight" rating. Grantham Mayo Van Otterloo Lc reported 361,671 shares. The industrial products company reported $1.31 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.10. First Trust Advsrs Ltd Partnership reported 162,243 shares. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Therefore 0 are positive.

Several research firms recently commented on AVY. On Thursday, September 3 the stock rating was maintained by IBC with "Sector Perform". The rating was downgraded by JP Morgan on Friday, May 20 to "Neutral". Stifel Nicolaus maintained Southwest Airlines Co (NYSE:LUV) on Thursday, August 24 with "Buy" rating.

Investors sentiment increased to 1.3 in 2016 Q4. Its up 0.05, from 0.92 in 2016Q3. CIBC Asset Management has an ownership of 8,592 stocks of the industrial products firms shares valued $759,000 following acquiring an extra 39 stocks in the previous period. hedge fund investors and investment firms has an ownership of 87.76% of the firms stock. Parametric Assocs Ltd Llc invested in 0.04% or 410,948 shares. Daiwa Grp holds 0% or 2,400 shares in its portfolio. Brown Advisory reported 0.01% of its portfolio in Metlife Inc (NYSE:MET). Boston Family Office Ltd Liability Com holds 0.03% or 3,694 shares. Cleararc Capital invested 0.26% in Metlife Inc (NYSE:MET). Employees Retirement Sys Of Texas has invested 0.01% of its portfolio in Spectranetics Corp (NASDAQ:SPNC). Calvert Investment Mgmt Inc reported 155,216 shares. Oakbrook Ltd Liability Company reported 0.2% stake.

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