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Institutional investor boosts stake in Avery Dennison, despite company missing EPS estimates.
Institutional investor Valley National Advisers Inc. increased its stake in Avery Dennison Corporation by 316 shares, totaling 8,920 shares.
Despite 94.17% of its stock being owned by institutional investors, Avery Dennison recently missed EPS estimates by $0.02, reporting $2.30 per share.
The company has a market cap of $13.72 billion, a P/E ratio of 20.22, and is expected to post 9.96 EPS for the year.
Additionally, Spire Wealth Management boosted its holdings by 630.9%, while Illinois Municipal Retirement Fund reduced its holdings by 43.4%.
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Un inversor institucional aumenta su participación en Avery Dennison, a pesar de que la compañía no tiene estimaciones de EPS.