Asset Management has invested 0.01% in Avon Products, Inc. (NYSE:AVP) by 13.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Nomura Holdings holds 0% or 14,478 shares in its portfolio. Thrivent Financial For Lutherans' holdings in Avon Products were worth $366,000 as of its most recent filing with the SEC.
Avon has faced pressure from Barington and other activist investors to replace management due to poor share price performance and in order to accelerate the company's turnaround. Finally, Roundview Capital LLC purchased a new position in Avon Products during the first quarter worth approximately $140,000. Highbridge Capital Management LLC acquired a new position in shares of Avon Products during the fourth quarter worth $335,000. Point View Wealth Management Inc. raised its position in Avon Products by 4.0% in the first quarter. Oakbrook Investments LLC now owns 32,500 shares of the company's stock valued at $124,000 after buying an additional 800 shares during the period. Finally, Dynamic Capital Management Ltd increased its position in Avon Products by 565.6% in the first quarter. World Asset Management Inc now owns 37,771 shares of the company's stock valued at $166,000 after buying an additional 293 shares during the period.
Avon, one of the nation's largest direct sellers, has been losing legions of its door-to-door sales representatives as it has failed to modernize its products and capitalize off the internet's influence over shopping habits. (NYSE:AVP) opened at 3.00 on Friday. The firm has a 50 day moving average of $3.65 and a 200-day moving average of $4.26. The company has market cap of $12.27 billion. (NYSE:AVP) hit a new 52-week low and has $2.81 target or 8.00% below today's $3.05 share price. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.10. Its revenue totaled $1.34 billion down -14.86% from the previous quarter. Avon Products, Inc. (NYSE:AVP) has declined 10.85% since August 3, 2016 and is downtrending. The business's revenue was down 2.7% on a year-over-year basis. During the same quarter past year, the business earned $0.07 EPS. On average, equities research analysts expect that Avon Products will post $0.22 EPS for the current fiscal year.
Shares of Avon Products (NYSE:AVP) now have an Average Brokerage Recommendation of 2.5, number of Recs in ABR is 4 while industry rank of the company by ABR is ut of 265.
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On average, equities research analysts expect that Chimera Investment Corporation will post $2.34 EPS for the current fiscal year. The company had revenue of $150.70 million for the quarter, compared to the consensus estimate of $149.75 million.
Avon Products (NYSE:AVP) last issued its quarterly earnings results on Thursday, August 3rd. If you are accessing this news story on another site, it was illegally copied and reposted in violation of global trademark & copyright legislation. The legal version of this piece of content can be accessed at https://www.themarketsdaily.com/2017/08/04/avon-products-inc-avp-pt-lowered-to-2-75-at-ubs-ag.html.
AVP has been the topic of several analyst reports. Zacks Investment Research cut shares of Avon Products from a "buy" rating to a "hold" rating in a research note on Friday, April 28th. On July 7 analysts at DA Davidson started coverage with an initial rating of "Neutral". They set a "neutral" rating and a $4.25 price target for the company.
04/14/2015 - Avon Products, Inc. had its " rating reiterated by analysts at BTIG Research. (NYSE:AVP). Quantbot Technologies Lp holds 0.09% of its portfolio in Avon Products, Inc. (NYSE:AVP), 3 have Buy rating, 1 Sell and 6 Hold. The stock now has an average rating of "Hold" and a consensus price target of $5.15.