GAMMA Investing LLC has $30,000 position in Avantor, Inc. (NYSE:AVTR)

GAMMA Investing LLC reduced its stake in Avantor, Inc. (NYSE:AVTR – Free Report) by 29.0% during the second quarter, Holdings Channel reports. The institutional investor owned 1,430 shares of the company’s stock after selling 583 shares during the period. GAMMA Investing LLC’s holdings in Avantor were worth $30,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. American Trust raised its stake in Avantor by 45.1% in the first quarter. American Trust now owns 13,261 shares of the company’s stock valued at $339,000 after buying an additional 4,121 shares during the last quarter. Westwood Holdings Group Inc. raised its stake in Avantor by 10.5% in the first quarter. Westwood Holdings Group Inc. now owns 723,084 shares of the company’s stock valued at $18,489,000 after purchasing an additional 68,541 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in Avantor by 146.7% in the first quarter. DekaBank Deutsche Girozentrale now owns 400,736 shares of the company’s stock valued at $10,205,000 after purchasing an additional 238,285 shares during the period. Boston Partners boosted its holdings in Avantor by 2.2% in the first quarter. Boston Partners now owns 28,561,802 shares of the company’s stock valued at $729,298,000 after purchasing an additional 624,369 shares during the period. Finally, Cetera Advisors LLC bought a new stake in Avantor in the first quarter valued at approximately $249,000. Institutional investors and hedge funds own 95.08% of the company’s shares.

Analyst upgrades and downgrades

AVTR has been the subject of several recent research reports. Robert W. Baird boosted their price objective on shares of Avantor from $26.00 to $27.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Morgan Stanley boosted their price objective on shares of Avantor from $28.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, July 29th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Avantor from $23.00 to $25.00 and gave the company a “hold” rating in a report on Thursday, April 18th. Stifel Nicolaus upped their price objective on shares of Avantor from $27.00 to $28.00 and gave the company a “buy” rating in a report on Monday, July 29th. Finally, TD Cowen boosted their target price on shares of Avantor from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Monday, July 29th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.21.

Check out our latest report on Avantor

Avantor price performance

Shares of NYSE:AVTR opened at $24.98 on Monday. The company has a market cap of $16.97 billion, a price-to-earnings ratio of 64.05, a PEG ratio of 2.71 and a beta of 1.32. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.59, and a quick ratio of 1.05. The firm has a 50-day simple moving average of $22.69 and a 200-day simple moving average of $23.92. Avantor, Inc. it has a one year low of $16.63 and a one year high of $28.00.

Avantor company profile

(Free report)

Avantor, Inc is committed to providing critical products and services to customers in the biopharmaceutical, healthcare, education and government, advanced technology and applied materials industries in the Americas, Europe, Asia, the Middle East and Africa. The company offers materials and supplies such as purity chemicals and reagents, laboratory products and supplies, formulated silicone materials, custom excipients, custom single-use assemblies, process chromatography resins and columns, analytical sample preparation kits, educational and microbiology products, clinical trials. kits, peristaltic pumps and fluid handling tips.

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