California Public Employees Retirement System Sells 240,100 Shares of Avon Products, Inc. (AVP)

California Public Employees Retirement System lowered its position in Avon Products, Inc. (NYSE:AVP) by 9.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,271,228 shares of the company’s stock after selling 240,100 shares during the quarter. California Public Employees Retirement System owned about 0.52% of Avon Products worth $8,631,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Avon Products by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 64,193 shares of the company’s stock worth $244,000 after acquiring an additional 213 shares during the last quarter. Two Sigma Securities LLC increased its holdings in Avon Products by 1.9% in the 1st quarter. Two Sigma Securities LLC now owns 22,824 shares of the company’s stock worth $100,000 after acquiring an additional 420 shares during the last quarter. Oakbrook Investments LLC increased its holdings in Avon Products by 2.5% in the 2nd quarter. Oakbrook Investments LLC now owns 32,500 shares of the company’s stock worth $124,000 after acquiring an additional 800 shares during the last quarter. Liberty Mutual Group Asset Management Inc. increased its holdings in Avon Products by 0.7% in the 1st quarter. Liberty Mutual Group Asset Management Inc. now owns 198,060 shares of the company’s stock worth $873,000 after acquiring an additional 1,326 shares during the last quarter. Finally, Advantus Capital Management Inc increased its holdings in Avon Products by 3.1% in the 1st quarter. Advantus Capital Management Inc now owns 56,080 shares of the company’s stock worth $247,000 after acquiring an additional 1,704 shares during the last quarter. 84.24% of the stock is owned by institutional investors.

Avon Products, Inc. (AVP) opened at 2.27 on Tuesday. The firm’s 50-day moving average price is $2.47 and its 200-day moving average price is $3.43. The stock’s market cap is $998.68 million. Avon Products, Inc. has a 12-month low of $2.24 and a 12-month high of $6.96.

Avon Products (NYSE:AVP) last issued its quarterly earnings results on Thursday, August 3rd. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.10). The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Avon Products had a negative return on equity of 3.68% and a negative net margin of 0.99%. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.07 EPS. On average, equities analysts predict that Avon Products, Inc. will post $0.14 EPS for the current fiscal year.

WARNING: “California Public Employees Retirement System Sells 240,100 Shares of Avon Products, Inc. (AVP)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The original version of this news story can be accessed at https://ledgergazette.com/2017/10/10/california-public-employees-retirement-system-sells-240100-shares-of-avon-products-inc-avp.html.

Several equities research analysts recently weighed in on AVP shares. Stifel Nicolaus reissued a “hold” rating and issued a $4.00 price objective (down previously from $4.50) on shares of Avon Products in a report on Wednesday, August 9th. Deutsche Bank AG reissued a “hold” rating and issued a $3.00 price objective (down previously from $5.00) on shares of Avon Products in a report on Friday, August 4th. Zacks Investment Research raised Avon Products from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 5th. DA Davidson started coverage on Avon Products in a report on Thursday, July 6th. They issued a “neutral” rating and a $4.25 price objective for the company. Finally, Royal Bank Of Canada decreased th

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Avon Products by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 64,193 shares of the company’s stock worth $244,000 after acquiring an additional 213 shares during the last quarter. Two Sigma Securities LLC increased its holdings in Avon Products by 1.9% in the 1st quarter. Two Sigma Securities LLC now owns 22,824 shares of the company’s stock worth $100,000 after acquiring an additional 420 shares during the last quarter. Oakbrook Investments LLC increased its holdings in Avon Products by 2.5% in the 2nd quarter. Oakbrook Investments LLC now owns 32,500 shares of the company’s stock worth $124,000 after acquiring an additional 800 shares during the last quarter. Liberty Mutual Group Asset Management Inc. increased its holdings in Avon Products by 0.7% in the 1st quarter. Liberty Mutual Group Asset Management Inc. now owns 198,060 shares of the company’s stock worth $873,000 after acquiring an additional 1,326 shares during the last quarter. Finally, Advantus Capital Management Inc increased its holdings in Avon Products by 3.1% in the 1st quarter. Advantus Capital Management Inc now owns 56,080 shares of the company’s stock worth $247,000 after acquiring an additional 1,704 shares during the last quarter. 84.24% of the stock is owned by institutional investors.

Avon Products, Inc. (AVP) opened at 2.27 on Tuesday. The firm’s 50-day moving average price is $2.47 and its 200-day moving average price is $3.43. The stock’s market cap is $998.68 million. Avon Products, Inc. has a 12-month low of $2.24 and a 12-month high of $6.96.

Avon Products (NYSE:AVP) last issued its quarterly earnings results on Thursday, August 3rd. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.10). The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Avon Products had a negative return on equity of 3.68% and a negative net margin of 0.99%. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.07 EPS. On average, equities analysts predict that Avon Products, Inc. will post $0.14 EPS for the current fiscal year.

WARNING: “California Public Employees Retirement System Sells 240,100 Shares of Avon Products, Inc. (AVP)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The original version of this news story can be accessed at https://ledgergazette.com/2017/10/10/california-public-employees-retirement-system-sells-240100-shares-of-avon-products-inc-avp.html.

Several equities research analysts recently weighed in on AVP shares. Stifel Nicolaus reissued a “hold” rating and issued a $4.00 price objective (down previously from $4.50) on shares of Avon Products in a report on Wednesday, August 9th. Deutsche Bank AG reissued a “hold” rating and issued a $3.00 price objective (down previously from $5.00) on shares of Avon Products in a report on Friday, August 4th. Zacks Investment Research raised Avon Products from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 5th. DA Davidson started coverage on Avon Products in a report on Thursday, July 6th. They issued a “neutral” rating and a $4.25 price objective for the company. Finally, Royal Bank Of Canada decreased their price objective on Avon Products from $4.00 to $3.00 and set a “sector perform” rating for the company in a report on Friday, August 4th. Four equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $3.49.

Avon Products Profile

Avon Products, Inc is a manufacturer and marketer of beauty and related products. The Company’s segments include Europe, Middle East & Africa; South Latin America; North Latin America, and Asia Pacific. Its product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics).

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Institutional Ownership by Quarter for Avon Products (NYSE:AVP)

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