Ami Asset Management Has Cut By $618,870 Its Avery Dennison (AVY) Stake; Torchmark (TMK) Sentiment Is 0.82

February 21, 2018 - By Annabelle Johnson

Ami Asset Management Corp decreased Avery Dennison (AVY) stake by 1.84% reported in 2017Q3 SEC filing. Ami Asset Management Corp sold 6,315 shares as Avery Dennison (AVY)’s stock rose 4.22%. The Ami Asset Management Corp holds 336,441 shares with $33.09M value, down from 342,756 last quarter. Avery Dennison now has $10.31 billion valuation. The stock decreased 1.45% or $1.72 during the last trading session, reaching $117.08. About 549,370 shares traded. Avery Dennison Corporation (NYSE:AVY) has risen 10.91% since February 21, 2017 and is uptrending. It has underperformed by 5.79% the S&P500.

Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. The company has market cap of $9.97 billion. It operates through Life Insurance, Health Insurance, and Annuities divisions. It has a 7.07 P/E ratio. The Life Insurance segment offers life insurance products, including traditional and interest-sensitive whole life and term life insurance, and other life insurance.

Ami Asset Management Corp increased Graphic Packaging Holding Co (NYSE:GPK) stake by 27,231 shares to 652,828 valued at $9.11M in 2017Q3. It also upped Ligand Pharmaceuticals Cl B (NASDAQ:LGND) stake by 2,726 shares and now owns 140,758 shares. Performance Food Group Com was raised too.

Analysts await Avery Dennison Corporation (NYSE:AVY) to report earnings on April, 25. They expect $1.34 earnings per share, up 20.72% or $0.23 from last year’s $1.11 per share. AVY’s profit will be $117.97 million for 21.84 P/E if the $1.34 EPS becomes a reality. After $1.33 actual earnings per share reported by Avery Dennison Corporation for the previous quarter, Wall Street now forecasts 0.75% EPS growth.

Since August 28, 2017, it had 0 insider buys, and 4 selling transactions for $2.84 million activity. SCARBOROUGH DEAN A sold $2.10 million worth of stock. Anderson Anthony sold 2,770 shares worth $325,466. BARKER PETER K had sold 2,000 shares worth $229,510 on Tuesday, December 12. On Monday, August 28 PYOTT DAVID E I sold $188,000 worth of Avery Dennison Corporation (NYSE:AVY) or 2,000 shares.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.05, from 0.97 in 2017Q2. It is negative, as 34 investors sold AVY shares while 167 reduced holdings. 50 funds opened positions while 134 raised stakes. 70.08 million shares or 2.56% less from 71.92 million shares in 2017Q2 were reported. Pinebridge Investments Ltd Partnership accumulated 18,687 shares or 0.04% of the stock. Washington Tru Fincl Bank has invested 0% of its portfolio in Avery Dennison Corporation (NYSE:AVY). Mississippi-based Trustmark Fincl Bank Tru Department has invested 0.06% in Avery Dennison Corporation (NYSE:AVY). Comerica Commercial Bank has 0.04% invested in Avery Dennison Corporation (NYSE:AVY) for 46,668 shares. Wells Fargo Mn, California-based fund reported 953,062 shares. Sg Americas Ltd Liability reported 13,206 shares. Texas-based Fruth Invest has invested 0.13% in Avery Dennison Corporation (NYSE:AVY). Aqr Capital Ltd Liability holds 0.1% or 883,473 shares. Louisiana State Employees Retirement, a Louisiana-based fund reported 5,500 shares. State Street Corp holds 0.04% or 4.73 million shares in its portfolio. 11,830 were reported by Chase Invest Counsel. Gateway Investment Advisers Limited Liability has invested 0.13% in Avery Dennison Corporation (NYSE:AVY). Baring Asset Mngmt Limited invested in 0.75% or 130,212 shares. Old Mutual Customised Solutions (Proprietary) Ltd stated it has 0.05% in Avery Dennison Corporation (NYSE:AVY). Westpac Corp invested in 4,703 shares or 0.01% of the stock.

Among 10 analysts covering Avery Dennison (NYSE:AVY), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Avery Dennison has $140 highest and $66 lowest target. $118.13’s average target is 0.90% above currents $117.08 stock price. Avery Dennison had 34 analyst reports since October 15, 2015 according to SRatingsIntel. The stock of Avery Dennison Corporation (NYSE:AVY) earned “Buy” rating by Bank of America on Thursday, February 1. The company was maintained on Monday, February 12 by Barclays Capital. The stock of Avery Dennison Corporation (NYSE:AVY) earned “Buy” rating by Robert W. Baird on Thursday, February 1. On Wednesday, December 7 the stock rating was upgraded by Bank of America to “Neutral”. The firm earned “Underweight” rating on Thursday, February 1 by JP Morgan. On Thursday, October 26 the stock rating was maintained by Loop Capital with “Hold”. On Thursday, October 26 the stock rating was maintained by Robert W. Baird with “Buy”. As per Tuesday, July 25, the company rating was maintained by KeyBanc Capital Markets. As per Monday, October 23, the company rating was maintained by KeyBanc Capital Markets. The stock of Avery Dennison Corporation (NYSE:AVY) earned “Buy” rating by Citigroup on Friday, January 6.

Since January 1, 0001, it had 0 buys, and 15 insider sales for $30.44 million activity.

Ratings analysis reveals 0 of Torchmark’s analysts are positive. Out of 2 Wall Street analysts rating Torchmark, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. TMK was included in 2 notes of analysts from October 7, 2016. Credit Suisse initiated Torchmark Corporation (NYSE:TMK) on Friday, October 7 with “Neutral” rating. The firm has “Underperform” rating given on Friday, November 18 by Bank of America.

The stock decreased 0.31% or $0.27 during the last trading session, reaching $86.38. About 606,268 shares traded. Torchmark Corporation (TMK) has risen 25.88% since February 21, 2017 and is uptrending. It has outperformed by 9.18% the S&P500.