Norris Perne & French LLP MI grew its position in shares of Avantor Inc (NYSE:AVTR) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 600,467 shares of the company’s stock after buying an additional 20,357 shares during the period. Norris Perne & French LLP MI’s holdings in Avantor were worth $10,898,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new position in shares of Avantor in the 2nd quarter worth approximately $103,000. Russell Investments Group Ltd. bought a new stake in shares of Avantor in the 2nd quarter valued at approximately $113,000. Tower Research Capital LLC TRC acquired a new stake in shares of Avantor during the 2nd quarter valued at approximately $179,000. Nisa Investment Advisors LLC acquired a new stake in shares of Avantor during the 4th quarter valued at approximately $197,000. Finally, Metropolitan Life Insurance Co NY acquired a new stake in shares of Avantor during the 3rd quarter valued at approximately $204,000. 77.98% of the stock is currently owned by institutional investors.

Shares of AVTR traded down $0.03 during midday trading on Wednesday, hitting $19.10. 16,216 shares of the stock traded hands, compared to its average volume of 2,707,252. The business’s 50 day moving average price is $18.29 and its two-hundred day moving average price is $16.69. Avantor Inc has a 1-year low of $13.33 and a 1-year high of $19.58.

Avantor (NYSE:AVTR) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.15. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.53 billion. The firm’s revenue was up .6% on a year-over-year basis. During the same period last year, the business earned $0.10 EPS. Analysts predict that Avantor Inc will post 0.55 EPS for the current year.

AVTR has been the subject of a number of research reports. Stifel Nicolaus initiated coverage on shares of Avantor in a report on Thursday, November 14th. They issued a “hold” rating for the company. Zacks Investment Research raised shares of Avantor from a “sell” rating to a “hold” rating in a report on Monday, November 11th. Citigroup assumed coverage on shares of Avantor in a report on Tuesday, January 7th. They set a “buy” rating and a $21.00 target price on the stock. Piper Jaffray Companies reduced their price target on shares of Avantor from $17.00 to $15.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Finally, Wells Fargo & Co assumed coverage on shares of Avantor in a report on Tuesday, January 7th. They issued an “overweight” rating and a $22.00 price target for the company. Five analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $20.65.

Avantor Company Profile

Avantor, Inc is a provider of mission critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. It sells materials & consumables, equipment & instrumentation and services & specialty procurement. It operates in more than 30 countries and deliver an extensive portfolio of products and services.

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Institutional Ownership by Quarter for Avantor (NYSE:AVTR)

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