26,449 Shares in Avantor, Inc. (NYSE:AVTR) Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new position in shares of Avantor, Inc. (NYSE:AVTR) in the 4th quarter, Holdings Channel.com reports. The firm acquired 26,449 shares of the company’s stock, valued at approximately $557,000.

A number of other large investors also recently added to or reduced their stakes in AVTR. MassMutual Private Wealth & Trust FSB grew its position in shares of Avantor by 99.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,253 shares of the company’s stock worth $26,000 after buying an additional 625 shares during the period. Smartleaf Asset Management LLC boosted its stake in Avantor by 106.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock valued at $34,000 after acquiring an additional 830 shares during the last quarter. Global Retirement Partners LLC boosted its stake in Avantor by 76.7% in 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 last quarter. UMB Bank n.a. grew its holdings in Avantor by 56.3% during the 4th quarter. UMB Bank n.a. now owns 2,981 shares of the company’s stock worth $63,000 after acquiring an additional 1,074 shares during the period. Finally, AlphaQuest LLC bought a new stake in shares of Avantor during the 4th quarter valued at $65,000. 95.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AVTR has been the topic of several recent research reports. Wells Fargo & Company reduced their price target on Avantor from $28.00 to $25.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. UBS Group restated a “neutral” rating and set a $25.00 target price (down from $29.00) on shares of Avantor in a research report on Friday, January 17th. Citigroup lowered their price target on Avantor from $22.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, March 4th. Barclays reduced their price objective on shares of Avantor from $26.00 to $23.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Finally, Raymond James reaffirmed an “outperform” rating and issued a $24.00 target price (down previously from $26.00) on shares of Avantor in a research note on Monday, February 10th. Three investment 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 has an average rating of “Moderate Buy” and a consensus price target of $25.50.

Insider Buying and Selling at Avantor

In other news, CAO Steven W. Eck sold 4,907 shares of the 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 transaction, the chief accounting officer now directly owns 40,604 shares in the company, valued at $711,788.12. This represents a 10.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP James Bramwell sold 3,758 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $17.53, for a total value of $65,877.74. Following the transaction, the executive vice president now directly owns 87,379 shares of the company’s stock, valued at $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. Company insiders own 1.50% of the company’s stock.

Avantor Trading Down 0.1 %

Shares of NYSE:AVTR opened at $16.53 on Tuesday. The firm has a market cap of $11.25 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 1.55 and a beta of 1.30. The company has a quick ratio of 0.70, a current ratio of 1.07 and a debt-to-equity ratio of 0.54. Avantor, Inc. has a 12 month low of $15.37 and a 12 month high of $28.00. The company’s fifty day simple moving average is $18.87 and its 200 day simple moving average is $21.63.

Avantor (NYSE:AVTR) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.27 EPS 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 last year, the business earned $0.22 EPS. As a group, research analysts forecast that Avantor, Inc. will post 1.06 EPS 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.