Signaturefd LLC Has $96,000 Position in Avantor, Inc. (NYSE:AVTR)

Signaturefd LLC grew its position in Avantor, Inc. (NYSE:AVTR) by 24.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,566 shares of the company’s stock after purchasing an additional 911 shares during the period. Signaturefd LLC’s holdings in Avantor were worth $96,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. boosted its position in Avantor by 16.2% in the third quarter. PNC Financial Services Group Inc. now owns 47,732 shares of the company’s stock valued at $1,235,000 after buying an additional 6,668 shares in the last quarter. First Horizon Advisors Inc. raised its stake in shares of Avantor by 30.8% in the third quarter. First Horizon Advisors Inc. now owns 5,629 shares of the company’s stock valued at $146,000 after acquiring an additional 1,326 shares during the last quarter. King Luther Capital Management Corp acquired a new position in shares of Avantor in the 3rd quarter worth approximately $207,000. Charles Schwab Investment Management Inc. grew its position in Avantor by 4.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,952,901 shares of the company’s stock worth $76,392,000 after acquiring an additional 121,810 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in Avantor by 122.6% during the 3rd quarter. Cerity Partners LLC now owns 30,538 shares of the company’s stock valued at $790,000 after purchasing an additional 16,818 shares in the last quarter. Institutional investors own 95.08% of the company’s stock.

Avantor Trading Up 2.0 %

AVTR opened at $16.61 on Monday. The firm has a 50 day simple moving average of $18.98 and a 200 day simple moving average of $21.69. Avantor, Inc. has a fifty-two week low of $15.37 and a fifty-two week high of $28.00. The company has a market cap of $11.31 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.07 and a quick ratio of 0.70.

Avantor (NYSE:AVTR) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.01. Avantor had a return on equity of 12.17% and a net margin of 10.49%. During the same period in the prior year, the company posted $0.22 EPS. On average, sell-side analysts anticipate that Avantor, Inc. will post 1.06 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Raymond James reissued an “outperform” rating and issued a $24.00 price objective (down previously from $26.00) on shares of Avantor in a research note on Monday, February 10th. Cowen reiterated a “buy” rating on shares of Avantor in a research report on Tuesday, March 18th. Royal Bank of Canada lowered their price objective on shares of Avantor from $33.00 to $31.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. Citigroup dropped their target price on shares of Avantor from $22.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, March 4th. Finally, UBS Group reissued a “neutral” rating and set a $25.00 price target (down from $29.00) on shares of Avantor in a research note on Friday, January 17th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $25.50.

Insider Activity at Avantor

In related news, CAO Steven W. Eck sold 4,907 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $17.53, for a total transaction of $86,019.71. Following the completion of the transaction, the chief accounting officer now owns 40,604 shares in the company, valued at approximately $711,788.12. The trade was a 10.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP James Bramwell sold 3,758 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $17.53, for a total transaction of $65,877.74. Following the completion of the sale, the executive vice president now owns 87,379 shares in the company, valued at approximately $1,531,753.87. This trade represents a 4.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Avantor Company Profile

Avantor, Inc engages in the provision of mission-critical products and services to customers in the biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. The company offers materials and consumables, such as purity chemicals and reagents, lab products and supplies, formulated silicone materials, customized excipients, customized single-use assemblies, process chromatography resins and columns, analytical sample prep kits, education and microbiology products, clinical trial kits, peristaltic pumps, and fluid handling tips.