Alpine Woods Capital Investors Increased Avery Dennison (AVY) Position; Templeton Dragon Fund (TDF)’s Sentiment Is 1.12

November 15, 2017 - By Dolores Ford

Alpine Woods Capital Investors Llc increased Avery Dennison Corp (AVY) stake by 80.74% reported in 2017Q2 SEC filing. Alpine Woods Capital Investors Llc acquired 10,900 shares as Avery Dennison Corp (AVY)’s stock rose 4.22%. The Alpine Woods Capital Investors Llc holds 24,400 shares with $2.16M value, up from 13,500 last quarter. Avery Dennison Corp now has $9.43B valuation. The stock declined 0.93% or $1.01 reaching $107.16 on the news. About 16,681 shares traded. Avery Dennison Corp (NYSE:AVY) has risen 10.91% since November 15, 2016 and is uptrending. It has underperformed by 5.79% the S&P500.

Templeton Dragon Fund, Inc. is a closed-end management investment company. The company has market cap of $730.44 million. The Fund invests in certain China A shares, through its investment in China Opportunities Fund, Ltd. . It currently has negative earnings. It invests in various sectors, including oil, gas and consumable fuels; aerospace and defense; auto components; automobiles; banks; beverages; capital markets; chemicals; communications equipment; construction and engineering; distributors; diversified telecommunication services; electric utilities; electrical equipment; electronic equipment, instruments and components; food and staples retailing; food products; healthcare equipment and supplies; healthcare providers and services; hotels, restaurants and leisure; household durables; insurance; Internet and direct marketing retail; Internet software and services; information technology (IT) services; machinery; marine; media; paper and forest Products, and Pharmaceuticals.

Investors sentiment increased to 0.97 in Q2 2017. Its up 0.05, from 0.92 in 2017Q1. It is positive, as 32 investors sold AVY shares while 164 reduced holdings. 60 funds opened positions while 130 raised stakes. 71.92 million shares or 2.27% less from 73.59 million shares in 2017Q1 were reported. Ameriprise Financial invested in 0.01% or 251,241 shares. Nelson Roberts Invest Advisors Limited Liability Company owns 130 shares for 0% of their portfolio. The New York-based Millennium Management Lc has invested 0.01% in Avery Dennison Corp (NYSE:AVY). Ami Asset Mgmt accumulated 342,756 shares. 25,047 were reported by Pnc Financial Gru. Fruth Mngmt reported 2,800 shares stake. Stifel Fincl Corporation holds 101,900 shares or 0.03% of its portfolio. Pub Employees Retirement Sys Of Ohio has invested 0.02% in Avery Dennison Corp (NYSE:AVY). Citadel Advsrs Ltd Limited Liability Company owns 87,759 shares. Prelude Cap Mgmt Ltd Liability Co has invested 0% in Avery Dennison Corp (NYSE:AVY). Richard Bernstein Ltd Co holds 25,585 shares. Ls Ltd Limited Liability Company holds 5,728 shares. Guggenheim Cap Lc has invested 0.13% in Avery Dennison Corp (NYSE:AVY). Old Mutual Customised Solutions (Proprietary) reported 4,000 shares stake. Sky Group Ltd Limited Liability Company owns 7,045 shares.

Among 9 analysts covering Avery Dennison (NYSE:AVY), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Avery Dennison had 23 analyst reports since October 15, 2015 according to SRatingsIntel. The company was downgraded on Thursday, October 26 by JP Morgan. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, June 21. The firm has “Neutral” rating given on Friday, May 20 by JP Morgan. The firm earned “Hold” rating on Wednesday, September 20 by KeyBanc Capital Markets. The stock of Avery Dennison Corp (NYSE:AVY) has “Hold” rating given on Monday, October 23 by KeyBanc Capital Markets. The stock has “Hold” rating by J.P. Morgan on Thursday, October 26. Barclays Capital maintained Avery Dennison Corp (NYSE:AVY) rating on Monday, October 30. Barclays Capital has “Overweight” rating and $120 target. KeyBanc Capital Markets maintained Avery Dennison Corp (NYSE:AVY) on Tuesday, July 25 with “Hold” rating. The stock of Avery Dennison Corp (NYSE:AVY) has “Hold” rating given on Monday, November 21 by Aegis Capital. The stock of Avery Dennison Corp (NYSE:AVY) has “Underperform” rating given on Friday, July 1 by Bank of America.

Alpine Woods Capital Investors Llc decreased Coresite Realty Corp (NYSE:COR) stake by 45,800 shares to 66,671 valued at $6.90 million in 2017Q2. It also reduced Simon Ppty Group Inc New (NYSE:SPG) stake by 2,312 shares and now owns 132,367 shares. Colony Northstar Inc was reduced too.

Since May 16, 2017, it had 0 insider purchases, and 2 sales for $954,517 activity. 6,248 Avery Dennison Corp (NYSE:AVY) shares with value of $532,017 were sold by Anderson Anthony. $422,500 worth of Avery Dennison Corp (NYSE:AVY) shares were sold by STANDER DEON.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Dolores Ford

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: