Clinton Group Inc Upped Avery Dennison Corp (NYSE:AVY) Position as Price Declined

May 17, 2018 - By Sergio Grout

Avery Dennison Corporation (NYSE:AVY) Corporate LogoBig Money Sentiment increased to 1.05 in Q4 2017. It has change of 0.13, from 2017Q3’s 0.92. The ratio improved due to AVY positioning: 25 sold and 180 reduced. 79 funds bought positions and 137 increased positions. Investors holded 70.08 million in 2017Q3 but now own 69.57 million shares or 0.73% less. Calamos Advisors Limited Liability holds 0.02% or 34,932 shs. Brown Brothers Harriman & Communication invested 0% of its capital in Avery Dennison Corporation (NYSE:AVY). Amundi Pioneer Asset Mgmt Inc holds 58,648 shs or 0.01% of its capital. Oppenheimer Asset reported 12,936 shs stake. Cleararc holds 0.04% or 2,251 shs. 63,085 were reported by Dekabank Deutsche Girozentrale. Principal Financial Gp holds 858,041 shs. 1,100 were reported by Fuller Thaler Asset Mngmt. Intrust Fincl Bank Na owns 1,991 shs. Nelson Van Denburg & Campbell Wealth Group reported 2,660 shs or 0.07% of all its holdings. Nuveen Asset Mgmt Limited Company holds 0.01% or 12,002 shs. State Board Of Administration Of Florida Retirement stated it has 0.04% of its capital in Avery Dennison Corporation (NYSE:AVY). Covington Management stated it has 0.16% of its capital in Avery Dennison Corporation (NYSE:AVY). Private Advisor Gp Limited Liability owns 2,295 shs. Bailard accumulated 39,990 shs or 0.29% of the stock.

AVY had 10 selling transactions and 0 insider purchases since December 12, 2017. This’s net activity of $16.36 million. Miller Susan C sold 15,848 shs worth $1.76 million. On Tuesday, December 12 BARKER PETER K sold $229,510 worth of Avery Dennison Corporation (NYSE:AVY). Shares for $889,275 were sold by Butier Mitchell R. 21,134 shs valued at $2.50M were sold by Hill Anne on Thursday, February 22. Anderson Anthony had sold 2,770 shs worth $325,466 on Wednesday, February 14.

The stake In Avery Dennison Corp (NYSE:AVY) held by Clinton Group Inc was increased. According to 2018Q1 SEC regulatory report the rise is 560.36%. Avery Dennison Corp (NYSE:AVY) stock Sank 8.51% while Clinton Group Inc bought 138,207 shares. Clinton Group Inc’s position was priced at $17.31 million for 162,871 shares. It’s up from 24,664 last quarter. Clinton Group Inc cut its stake in and reduced position by shares for a total of shares.

Clinton Group Inc is a New York-based hedge fund that was founded by Greg Taxin. It had more than $2.04 billion assets under management in October, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Clinton Group latest Adv, the fund reported to have 40 full and part-time employees. Among which 25 performing investment advisory and research functions. The hedge fund had between 11-25 clients.

Avery Dennison Corporation (NYSE:AVY) Ratings Coverage

A total of 9 analysts rate Avery Dennison Corp (NYSE:AVY) as follows: 5 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 56% are bullish. (NYSE:AVY) has 18 ratings reports on 17 May 2018 according to StockzIntelligence. On Monday, February 12 J.P. Morgan upgraded the shares of AVY in report to “Hold” rating. The company rating was upgraded by J.P. Morgan on Thursday, April 26. On Thursday, April 26 the rating was upgraded by JP Morgan to “Neutral”. On Thursday, February 1 the firm has “Underweight” rating given by JP Morgan. In Friday, March 16 report JP Morgan downgraded the stock to “Underweight” rating. On Thursday, February 1 the rating was downgraded by J.P. Morgan to “Sell”. On Wednesday, April 25 the stock of Avery Dennison Corporation (NYSE:AVY) earned “Hold” rating by KeyBanc Capital Markets. On Friday, February 2 the stock has “Hold” rating by KeyBanc Capital Markets. On Friday, March 16 the stock has “Sell” rating by J.P. Morgan. On Monday, February 12 JP Morgan upgraded Avery Dennison Corporation (NYSE:AVY) to “Neutral” rating.

Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide.The firm is valued at $9.50 billion. The companyÂ’s Label and Graphic Materials segment offers pressure-sensitive labeling materials; packaging materials and solutions; roll-fed sleeves; engineered films; graphic imaging media; and reflective materials under the Fasson, JAC, and Avery Dennison brands.34.47 is the P/E ratio. It serves label converters, package designers, packaging engineers and manufacturers, industrial and sign manufacturers, printers, distributors, designers, advertising and government agencies, and graphics vendors.

Avery Dennison Corporation (NYSE:AVY) Institutional Investors Chart

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