Delta Asset Management Llc decreased its stake in Avery Dennison Corp (AVY) by 18.3% based on its latest 2017Q3 regulatory filing with the SEC. Delta Asset Management Llc sold 52,543 shares as the company’s stock rose 4.22% with the market. 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. Delta Asset Management Llc who had been investing in Avery Dennison Corp for a number of months, seems to be less bullish one the $10.11 billion market cap company. The stock decreased 0.61% or $0.71 during the last trading session, reaching $114.86. About 351,984 shares traded. Avery Dennison Corporation (NYSE:AVY) has risen 10.91% since December 30, 2016 and is uptrending. It has underperformed by 5.79% the S&P500.
Euclidean Technologies Management Llc increased its stake in Entercom Communications Corp (ETM) by 258.33% based on its latest 2017Q3 regulatory filing with the SEC. Euclidean Technologies Management Llc bought 58,187 shares as the company’s stock declined 37.42% while stock markets rallied. The hedge fund held 80,711 shares of the broadcasting company at the end of 2017Q3, valued at $924,000, up from 22,524 at the end of the previous reported quarter. Euclidean Technologies Management Llc who had been investing in Entercom Communications Corp for a number of months, seems to be bullish on the $1.52B market cap company. The stock decreased 1.82% or $0.2 during the last trading session, reaching $10.8. About 2.53 million shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 15.65% since December 30, 2016 and is downtrending. It has underperformed by 32.35% the S&P500.
Among 3 analysts covering Entercom Communications (NYSE:ETM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Entercom Communications had 5 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Noble Financial on Monday, July 24 with “Buy”. The rating was upgraded by Wells Fargo to “Outperform” on Tuesday, August 18. The firm earned “Buy” rating on Monday, November 27 by Noble Financial. The stock of Entercom Communications Corp. (NYSE:ETM) has “Equal-Weight” rating given on Friday, December 11 by Stephens. As per Monday, July 31, the company rating was maintained by Noble Financial.
Investors sentiment increased to 1.5 in Q3 2017. Its up 0.35, from 1.15 in 2017Q2. It increased, as 15 investors sold ETM shares while 23 reduced holdings. 25 funds opened positions while 32 raised stakes. 25.83 million shares or 18.66% more from 21.77 million shares in 2017Q2 were reported. Ameritas Investment Partners owns 2,183 shares. Weber Alan W holds 2.56% or 475,406 shares. New York-based Williams Jones Associates Ltd Company has invested 0.01% in Entercom Communications Corp. (NYSE:ETM). Alliancebernstein Ltd Partnership reported 19,400 shares stake. Voya Inv Management Ltd Company reported 0% in Entercom Communications Corp. (NYSE:ETM). Tower Research Capital Limited Co (Trc) reported 3,294 shares. Moors & Cabot has 0.11% invested in Entercom Communications Corp. (NYSE:ETM) for 64,550 shares. Mycio Wealth Limited Company has invested 0.05% in Entercom Communications Corp. (NYSE:ETM). Qs Limited accumulated 0% or 2,883 shares. Barclays Public Limited Co stated it has 111,245 shares or 0% of all its holdings. Legal General Grp Public Ltd Liability owns 8,150 shares for 0% of their portfolio. Vanguard Group has invested 0% in Entercom Communications Corp. (NYSE:ETM). Ameriprise Fincl owns 14,638 shares for 0% of their portfolio. California State Teachers Retirement System accumulated 44,708 shares or 0% of the stock. Principal has invested 0.01% of its portfolio in Entercom Communications Corp. (NYSE:ETM).
Euclidean Technologies Management Llc, which manages about $111.78 million and $104.46 million US Long portfolio, decreased its stake in Anthem Inc (NYSE:ANTM) by 1,800 shares to 10,787 shares, valued at $2.05 million in 2017Q3, according to the filing. It also reduced its holding in Cooper Tire & Rubr Co (NYSE:CTB) by 20,219 shares in the quarter, leaving it with 36,818 shares, and cut its stake in Gamestop Corp New (NYSE:GME).
Analysts await Avery Dennison Corporation (NYSE:AVY) to report earnings on February, 7. They expect $1.25 earnings per share, up 26.26% or $0.26 from last year’s $0.99 per share. AVY’s profit will be $110.05 million for 22.97 P/E if the $1.25 EPS becomes a reality. After $1.26 actual earnings per share reported by Avery Dennison Corporation for the previous quarter, Wall Street now forecasts -0.79% negative EPS growth.
Delta Asset Management Llc, which manages about $659.71M and $661.67 million US Long portfolio, upped its stake in Disney Walt Co (NYSE:DIS) by 4,995 shares to 244,295 shares, valued at $24.08 million in 2017Q3, according to the filing.
Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.05, from 0.97 in 2017Q2. It dropped, as 34 investors sold AVY shares while 167 reduced holdings. 50 funds opened positions while 134 raised stakes. 70.08 million shares or 2.56% less from 71.92 million shares in 2017Q2 were reported. Retirement Sys Of Alabama reported 42,881 shares. Dana Inv Advisors Inc holds 283,885 shares. Segantii Cap Mngmt Ltd holds 0.96% of its portfolio in Avery Dennison Corporation (NYSE:AVY) for 25,000 shares. Clearbridge Ltd Llc invested in 175 shares or 0% of the stock. Brinker has 6,376 shares for 0.03% of their portfolio. Dubuque Financial Bank And holds 300 shares or 0% of its portfolio. Keybank National Association Oh holds 0% of its portfolio in Avery Dennison Corporation (NYSE:AVY) for 7,457 shares. Blackrock has 6.55 million shares. Philadelphia Trust Company has invested 0.03% in Avery Dennison Corporation (NYSE:AVY). Washington Financial Bank reported 267 shares. Bancshares Of Hawaii invested 0.06% in Avery Dennison Corporation (NYSE:AVY). Lazard Asset Mgmt Ltd Limited Liability Company reported 0% stake. State Of Tennessee Treasury Department has 0.25% invested in Avery Dennison Corporation (NYSE:AVY). First Citizens National Bank And Trust owns 8,427 shares for 0.11% of their portfolio. Boston Family Office Llc holds 3,694 shares.
Since August 3, 2017, it had 0 buys, and 4 selling transactions for $3.45 million activity. PYOTT DAVID E I sold 2,000 shares worth $188,000. $229,510 worth of Avery Dennison Corporation (NYSE:AVY) was sold by BARKER PETER K. $2.10 million worth of stock was sold by SCARBOROUGH DEAN A on Friday, October 27.
Among 9 analysts covering Avery Dennison (NYSE:AVY), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Avery Dennison had 24 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was maintained by Loop Capital with “Hold” on Thursday, October 26. As per Monday, November 21, the company rating was initiated by Aegis Capital. The rating was maintained by KeyBanc Capital Markets on Monday, October 23 with “Hold”. The stock of Avery Dennison Corporation (NYSE:AVY) earned “Overweight” rating by Barclays Capital on Monday, October 30. KeyBanc Capital Markets maintained the shares of AVY in report on Wednesday, June 21 with “Hold” rating. Robert W. Baird maintained Avery Dennison Corporation (NYSE:AVY) rating on Tuesday, October 10. Robert W. Baird has “Buy” rating and $100.0 target. The firm has “Neutral” rating by JP Morgan given on Thursday, October 26. As per Wednesday, September 20, the company rating was maintained by KeyBanc Capital Markets. On Friday, January 6 the stock rating was upgraded by Citigroup to “Buy”. The firm has “Neutral” rating given on Friday, May 20 by JP Morgan.
The post As Avery Dennison (AVY) Share Price Rose, Delta Asset Management Cut by $5.15 Million Its Stake; Entercom Communications (ETM) Stake Has Increased by Euclidean Technologies Management Llc appeared first on Stock Market News | HillCountryTimes | Get it Today.
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