TD Private Client Wealth LLC Has $170,000 Holdings in Avantor, Inc. (NYSE:AVTR)

TD Private Client Wealth LLC lessened its position in Avantor, Inc. (NYSE:AVTR) by 63.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,084 shares of the company’s stock after selling 14,266 shares during the quarter. TD Private Client Wealth LLC’s holdings in Avantor were worth $170,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB increased its stake in shares of Avantor by 99.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,253 shares of the company’s stock worth $26,000 after purchasing an additional 625 shares during the period. Smartleaf Asset Management LLC grew its position in Avantor by 106.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock worth $34,000 after buying an additional 830 shares in the last quarter. Global Retirement Partners LLC increased its stake in Avantor by 76.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,459 shares of the company’s stock valued at $52,000 after acquiring an additional 1,067 shares during the period. UMB Bank n.a. increased its stake in Avantor by 56.3% during the fourth quarter. UMB Bank n.a. now owns 2,981 shares of the company’s stock valued at $63,000 after acquiring an additional 1,074 shares during the period. Finally, AlphaQuest LLC acquired a new position in Avantor in the 4th quarter valued at approximately $65,000. Institutional investors and hedge funds own 95.08% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AVTR. UBS Group reissued a “neutral” rating and set a $25.00 price objective (down previously from $29.00) on shares of Avantor in a report on Friday, January 17th. Raymond James reiterated an “outperform” rating and set a $24.00 price target (down previously from $26.00) on shares of Avantor in a research note on Monday, February 10th. Barclays dropped their price objective on shares of Avantor from $26.00 to $23.00 and set an “overweight” rating for the company 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. Finally, Stifel Nicolaus dropped their price target on shares of Avantor from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, February 10th. 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $25.50.

Insider Transactions at Avantor

In related news, EVP James Bramwell sold 3,758 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $17.53, for a total transaction of $65,877.74. Following the transaction, the executive vice president now owns 87,379 shares in the company, valued at $1,531,753.87. This represents a 4.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Steven W. Eck sold 4,907 shares of the firm’s stock in a transaction dated 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 sale, the chief accounting officer now owns 40,604 shares of the company’s stock, valued at $711,788.12. The trade was a 10.78 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Avantor Price Performance

Shares of Avantor stock opened at $16.33 on Wednesday. The stock has a market capitalization of $11.12 billion, a price-to-earnings ratio of 15.70, a P/E/G ratio of 1.55 and a beta of 1.30. The firm’s 50-day moving average price is $18.76 and its two-hundred day moving average price is $21.57. The company has a current ratio of 1.07, a quick ratio of 0.70 and a debt-to-equity ratio of 0.54. Avantor, Inc. has a 1-year low of $15.37 and a 1-year high of $28.00.

Avantor (NYSE:AVTR) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.27 EPS for the quarter, topping 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 quarter last year, the firm posted $0.22 EPS. On average, equities analysts predict that Avantor, Inc. will post 1.06 earnings per share for the current fiscal year.

Avantor 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.