Economy

Avery Dennison Corporation (AVY) Sees New 52-Week High

Shares for $21,366 were sold by Sayed Ayman on Monday, May 15. Days to cover decreased from 4.0 to 4.0 and the percentage of shorted shares was 0.02% on August 31. Avery Dennison Corporation has a 52-week low of $68.55 and a 52-week high of $99.26.

About 204,172 shares traded. It has underperformed by 5.79% the S&P500. Jpmorgan Chase Company stated it has 12.07M shares. Berkshire Hills Bancorp, Inc. E*TRADE Financial Corp (ETFC) has risen 29.03% since September 20, 2016 and is uptrending. During the same quarter previous year, the company earned $0.85 EPS. It was reported on Sep, 19 by Barchart.com. If the $103.05 price target is reached, the company will be worth $350.40M more. Its up 0.03, from 1.23 in 2016Q3. Director Patrick Siewert sold 10,000 shares at an average price of $93.63 on Thursday the 3rd.

These funds have shifted positions in (AVY). Pictet Asset Management Limited accumulated 63,169 shares. The Boothbay Fund Management Llc holds 8,600 shares with $604,000 value, down from 14,279 last quarter. Walthausen Ltd Liability Corporation has 85,192 shares for 0.55% of their portfolio.

Ardevora Asset Management Llp increased Avery Dennison Corp (AVY) stake by 1.18% reported in 2016Q4 SEC filing. Canada Pension Plan Invest Board holds 0.06% or 330,853 shares in its portfolio. Liberty Mutual Asset Management Inc owns 0.02% invested in Avery Dennison Corp (NYSE:AVY) for 9,351 shares. Glenmede Tru Na invested in 0.36% or 943,858 shares. Sheets Smith Wealth Mngmt reported 10,351 shares or 0.2% of all its holdings. Hartford Inv Mgmt owns 22,358 shares. The value of the total investment in Avery Dennison Corporation went from $11,710,000 to $14,150,000 a change of 20.8% since the last quarter. Avery Dennison Corp's dividend payout ratio (DPR) is presently 46.46%. Amp Limited holds 0.04% of its portfolio in Avery Dennison Corp (NYSE:AVY) for 94,498 shares. Avery Dennison Corporation had a return on equity of 39.29% and a net margin of 6.14%. Therefore 67% are positive.

AVY has been the subject of a number of analyst reports.

In other news, Director Patrick Siewert sold 10,000 shares of Avery Dennison Corporation stock in a transaction that occurred on Thursday, August 3rd. Barclays Capital maintained the stock with "Overweight" rating in Monday, May 2 report. The firm has "Buy" rating by Citigroup given on Friday, January 6. Bank of America Corporation raised 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.

Among 23 analysts covering Prologis (NYSE:PLD), 13 have Buy rating, 1 Sell and 9 Hold. Citigroup upgraded Avery Dennison Corp (NYSE:AVY) on Friday, January 6 to "Buy" rating. JP Morgan downgraded the stock to "Neutral" rating in Friday, May 20 report. On Wednesday, June 21 the stock rating was maintained by KeyBanc Capital Markets with "Hold". The consensus target price is $81.83 with 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 lastly zero equity analysts rating the company a sell. The Business's segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). The Company's pressure-sensitive materials are sold to label printers and converters that convert the materials into labels and other products through embossing, printing, stamping and die-cutting.

Since April 28, 2017, it had 0 insider buys, and 4 sales for $2.91 million activity. The insider Anderson Anthony sold 6,248 shares worth $532,017. Van ECK Associates Corp now owns 1,322 shares of the industrial products company's stock valued at $107,000 after acquiring an additional 94 shares during the period.

Avery Dennison Corp (AVY) market momentum is building as the Awesome Oscillator (AO) is showing an uptrend in the name over the past 5 bars.

Investors sentiment increased to 1.26 in 2016 Q4.

In terms of performance, shares of Avery Dennison Corporation (NYSE:AVY) are 40.27% since the start of 2016. 53 funds opened positions while 172 raised stakes. Schwab Charles Mngmt stated it has 0.01% in Berkshire Hills Bancorp, Inc. Blackrock Fund Advsr has invested 0.16% in Prologis Inc (NYSE:PLD). (NYSE:BHLB). Hightower Advsr Lc reported 8,724 shares. Cornercap Investment Counsel Inc acquired 75,330 shares as Ca Inc (CA)'s stock declined 2.59%. Cibc World Mkts has 0.02% invested in Prologis Inc (NYSE:PLD) for 36,242 shares. Putnam Limited Liability Corp reported 0.02% in Avery Dennison Corp (NYSE:AVY). (NYSE:BHLB). 171,517 are owned by Kennedy Cap Mgmt. The industrial products company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.21 by $0.10. Therefore 71% are positive. Ocado Group Plc had 147 analyst reports since August 7, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Prologis Inc (NYSE:PLD) on Sunday, August 27 with "Buy" rating. The company was maintained on Wednesday, February 3 by Jefferies. (NYSE:BHLB) on Friday, September 15 with "Hold" rating. The company was maintained on Tuesday, November 29 by SunTrust. The rating was upgraded by Cowen & Co to "Outperform" on Thursday, July 23. Stifel Nicolaus has "Buy" rating and $47 target. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.

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