Clinton Group Inc Position in Avery Dennison Corp (NYSE:AVY) Upped by $14.65 Million as Price Declined

May 17, 2018 - By Yee Bell

Avery Dennison Corporation (NYSE:AVY) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.05. That’s change of 0.13, from 2017Q3’s 0.92. 25 investors sold all, 180 reduced holdings as AVY ratio is positive. 137 increased stakes while 79 funds bought stakes. Funds hold 69.57 million shares thus 0.73% less from 2017Q3’s 70.08 million shares. Robeco Institutional Asset Mgmt Bv holds 0.12% of its capital in Avery Dennison Corporation (NYSE:AVY) for 203,059 shs. Ferguson Wellman Cap Mngmt Incorporated invested in 0.28% or 71,860 shs. Ent Ser Corp has 14 shs. Bowen Hanes has invested 1.81% in Avery Dennison Corporation (NYSE:AVY). Covington Capital Mngmt reported 21,929 shs stake. Moreover, Fuller Thaler Asset Mngmt has 0% invested in Avery Dennison Corporation (NYSE:AVY). Tci Wealth Advsr holds 229 shs or 0.01% of its capital. King Luther Cap Mgmt Corporation holds 15,150 shs or 0.01% of its capital. Shell Asset Mngmt has invested 0.08% in Avery Dennison Corporation (NYSE:AVY). Optimum Investment Advsrs holds 2,600 shs or 0.1% of its capital. Stifel Fincl Corporation has 0.01% invested in Avery Dennison Corporation (NYSE:AVY) for 33,120 shs. Bb&T Corp has 0.37% invested in Avery Dennison Corporation (NYSE:AVY). Massachusetts-based Stonehearth Capital Mgmt Ltd Liability Com has invested 0.02% in Avery Dennison Corporation (NYSE:AVY). Hsbc Public Ltd Liability Corp owns 0.02% invested in Avery Dennison Corporation (NYSE:AVY) for 96,435 shs. Argyle Capital Mngmt has invested 0.4% in Avery Dennison Corporation (NYSE:AVY).

AVY had 10 sales and 0 insider buys since December 12, 2017. This’s net activity of $16.36 million. Shares for $229,510 were sold by BARKER PETER K on Tuesday, December 12. SCARBOROUGH DEAN A also sold $3.31M worth of Avery Dennison Corporation (NYSE:AVY) shs. Miller Susan C had sold 15,848 shs worth $1.76M on Friday, March 16. 21,134 shs were sold by Hill Anne, worth $2.50M on Thursday, February 22. On Wednesday, February 14 Anderson Anthony sold $325,466 worth of Avery Dennison Corporation (NYSE:AVY).

In Avery Dennison Corp (NYSE:AVY) was increased the holdings held by Clinton Group Inc. The increase is 560.36% according to 2018Q1 SEC filling. 138,207 shares were bought by Clinton Group Inc as Avery Dennison Corp (NYSE:AVY) stock declined 8.51% with the market. Clinton Group Inc announced $17.31M position in Clinton Group Inc for 2018Q1. Now it holds 162,871 shares, compared to 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

In total 9 analysts cover Avery Dennison Corp (NYSE:AVY). “Buy” rating has 5, “Sell” are 0, while 4 are “Hold”. 56% are bullish. 18 are the (NYSE:AVY)’s analyst reports since December 15, 2017 according to StockzIntelligence Inc. In Friday, March 16 report J.P. Morgan downgraded it to “Sell” rating and $107.0 target. The company rating was downgraded by J.P. Morgan on Thursday, February 1. On Monday, February 12 the firm earned “Neutral” rating by JP Morgan. On Friday, February 2 the stock has “Hold” rating by KeyBanc Capital Markets. In Thursday, February 1 report JP Morgan downgraded the stock to “Underweight” rating. In Thursday, April 5 report Citigroup maintained the stock with “Buy” rating. The stock rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, April 25. On Thursday, February 1 Bank of America maintained Avery Dennison Corporation (NYSE:AVY) with “Buy” rating. On Friday, March 16 the stock of Avery Dennison Corporation (NYSE:AVY) has “Underweight” rating given by JP Morgan. On Wednesday, January 10 the rating was maintained by Robert W. Baird with “Buy”.

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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