Published: Thu, January 18, 2018
Business | By Kate Woods

Avery Dennison Corporation (AVY) Stake Lowered by Coastline Trust Co


The stock increased 0.39% or $0.05 during the last trading session, reaching $12.94. About 571,552 shares traded.

Coastline Trust Co reduced its position in shares of Avery Dennison Corporation (NYSE:AVY) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). It has underperformed by 5.79% the S&P500.

Farmers & Merchants Investments Inc increased its stake in Us Bancorp (USB) by 32.72% based on its latest 2017Q3 regulatory filing with the SEC. Brenham Capital Management Lp bought 100,000 shares as the company's stock declined 4.19% while stock markets rallied. The institutional investor held 234,528 shares of the containers and packaging company at the end of 2017Q3, valued at $23.06 million, down from 287,071 at the end of the previous reported quarter. The stock increased 1.54% or $0.435 during the last trading session, reaching $28.685. About 36,506 shares traded. Sealed Air Corporation (NYSE:SEE) has declined 6.94% since January 16, 2017 and is downtrending. It has underperformed by 8.10% the S&P500.

Clearbridge Investments Llc, which manages about $103.98B US Long portfolio, decreased its stake in Amerisourcebergen Corp (NYSE:ABC) by 35,884 shares to 1.63 million shares, valued at $134.77M in 2017Q3, according to the filing. It also reduced its holding in Autozone Inc (NYSE:AZO) by 698 shares in the quarter, leaving it with 1,819 shares, and cut its stake in Wells Fargo (NYSE:WFC). Robert W. Baird has "Buy" rating and $125.0 target. Therefore 27% are positive. Diamondback Energy had 101 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, June 21, the company rating was maintained by KeyBanc Capital Markets. The stock of The Kroger Co. The rating was initiated by GMP Securities with "Buy" on Wednesday, February 3. (NASDAQ:FANG) on Monday, October 16 with "Buy" rating. (TSE:SGY) on Wednesday, June 15 with "Underperform" rating. As per Wednesday, September 7, the company rating was maintained by RBC Capital Markets. Goldman Sachs upgraded The Kroger Co. On Thursday, January 14 the stock rating was upgraded by Cowen & Co to "Outperform". The rating was maintained by Oppenheimer on Wednesday, August 24 with "Outperform". James Investment Rech holds 0.06% or 86,560 shares. Four equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock.

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Since August 14, 2017, it had 0 buys, and 2 selling transactions for $610,502 activity.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.12, from 1 in 2017Q2. Legal & General Group Public Ltd Co invested in 518,127 shares. 64 funds opened positions while 143 raised stakes. 688.12 million shares or 3.98% more from 661.79 million shares in 2017Q2 were reported. Renaissance Technologies Lc owns 216,300 shares or 0.03% of their U.S. portfolio. Horan Capital Mngmt reported 198,995 shares. Pacad Invest Limited, British Columbia - Canada-based fund reported 5,100 shares. Pettyjohn Wood And White Inc, a Virginia-based fund reported 48,341 shares. Axa stated it has 0.01% of its portfolio in Stoneridge, Inc. Whittier Trust Co. now owns 2,357 shares of the company's stock valued at $176,000 after buying an additional 417 shares during the last quarter. First City Cap Mgmt Incorporated stated it has 1.31% of its portfolio in Avery Dennison Corporation (NYSE:AVY). Swiss Retail Bank accumulated 327,256 shares. Hcsf Mgmt Limited Liability Co holds 203,603 shares or 2.94% of its portfolio. Of Vermont has invested 0% in The Kroger Co. Brinker Capital accumulated 0.03% or 6,376 shares. Berkshire Asset Pa owns 67,761 shares. The stock of U.S. Bancorp (NYSE:USB) has "Hold" rating given on Sunday, September 17 by Piper Jaffray. Stoneridge, Inc. (NYSE:SRI) has risen 8.60% since January 15, 2017 and is uptrending. They expect $1.25 earnings per share, up 26.26% or $0.26 from last year's $0.99 per share.

Cypress Capital Group, which manages about $45.36M and $469.34 million US Long portfolio, decreased its stake in Cvs Health Corp (NYSE:CVS) by 6,860 shares to 17,918 shares, valued at $1.46 million in 2017Q3, according to the filing. During the same period in the previous year, the firm posted $1.01 earnings per share. analysts predict that Avery Dennison Corporation will post 4.93 earnings per share for the current year.

Among 4 analysts covering Stoneridge (NYSE:SRI), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 44% are positive. Finally, J P Morgan Chase & Co raised Avery Dennison Corporation from a "neutral" rating to an "overweight" rating and set a $78.00 target price on the stock in a research note on Thursday, October 27th. Also, Director Peter K. Barker sold 2,000 shares of the firm's stock in a transaction dated Tuesday, December 12th. The company was downgraded on Friday, May 20 by JP Morgan. The firm has "Hold" rating given on Thursday, October 26 by Loop Capital. The stock of Avery Dennison Corporation (NYSE:AVY) earned "Buy" rating by Robert W. Baird on Tuesday, October 10. On Monday, October 23 the stock rating was maintained by KeyBanc Capital Markets with "Hold". Tompkins Fincl has 0.01% invested in Avery Dennison Corporation (NYSE:AVY).

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Surge Energy Inc. engages in the exploration, development, and production of gas and oil properties in western Canada.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.05, from 0.97 in 2017Q2. It fall, as 34 investors sold AVY shares while 167 reduced holdings.

Other hedge funds have also made changes to their positions in the company. Comml Bank Of Hawaii invested 0.06% in Avery Dennison Corporation (NYSE:AVY). Bnp Paribas Arbitrage Sa holds 104,343 shares or 0.03% of its portfolio. After $1.26 actual EPS reported by Avery Dennison Corporation for the previous quarter, Wall Street now forecasts -0.79% negative EPS growth.

Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide. Davidson & Garrard Inc. purchased a new position in Avery Dennison in the third quarter worth $202,000. Shufro Rose And has 300,616 shares for 2.97% of their portfolio. Amica Retiree Med Trust has 0.09% invested in Avery Dennison Corporation (NYSE:AVY). Following the transaction, the director now directly owns 7,018 shares of the company's stock, valued at approximately $509,857.70.

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