Avantor, Inc. (NYSE:AVTR) Shares Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. increased its position in shares of Avantor, Inc. (NYSE:AVTR) by 2.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 24,900 shares of the company’s stock after purchasing an additional 503 shares during the quarter. Hantz Financial Services Inc.’s holdings in Avantor were worth $644,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Vinva Investment Management Ltd raised its position in Avantor by 194.4% in the third quarter. Vinva Investment Management Ltd now owns 27,928 shares of the company’s stock valued at $721,000 after purchasing an additional 18,440 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Avantor by 20.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 433,213 shares of the company’s stock worth $11,207,000 after purchasing an additional 73,633 shares during the last quarter. MetLife Investment Management LLC boosted its stake in Avantor by 2,791.8% during the third quarter. MetLife Investment Management LLC now owns 351,348 shares of the company’s stock worth $9,089,000 after buying an additional 339,198 shares during the period. Glenmede Trust Co. NA lifted its holdings in shares of Avantor by 189.7% in the 3rd quarter. Glenmede Trust Co. NA now owns 29,768 shares of the company’s stock worth $770,000 after acquiring an additional 19,491 shares during the last quarter. Finally, Townsquare Capital LLC boosted its position in shares of Avantor by 15.0% during the 3rd quarter. Townsquare Capital LLC now owns 41,297 shares of the company’s stock worth $1,068,000 after purchasing an additional 5,375 shares during the period. 95.08% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CAO Steven W. Eck sold 3,525 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $25.06, for a total value of $88,336.50. Following the completion of the transaction, the chief accounting officer now owns 29,544 shares in the company, valued at approximately $740,372.64. This represents a 10.66 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 1.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on AVTR shares. Robert W. Baird cut their target price on Avantor from $27.00 to $26.00 and set an “outperform” rating on the stock in a research report on Monday, October 28th. Barclays cut their price objective on Avantor from $28.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Wells Fargo & Company lowered their target price on Avantor from $30.00 to $28.00 and set an “overweight” rating for the company in a report on Monday, October 28th. Royal Bank of Canada reiterated an “outperform” rating and set a $34.00 price target on shares of Avantor in a research note on Thursday, September 26th. Finally, UBS Group lowered their price objective on shares of Avantor from $30.00 to $29.00 and set a “buy” rating for the company in a research note on Tuesday, October 8th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $27.57.

Avantor Price Performance

Avantor stock opened at $21.06 on Monday. The stock has a market cap of $14.33 billion, a P/E ratio of 45.78, a price-to-earnings-growth ratio of 2.55 and a beta of 1.35. The company has a fifty day simple moving average of $23.28 and a 200-day simple moving average of $23.71. The company has a current ratio of 1.54, a quick ratio of 1.06 and a debt-to-equity ratio of 0.84. Avantor, Inc. has a 12-month low of $19.59 and a 12-month high of $28.00.

Avantor Company 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.