Avon Products Inc. (NYSE:AVP) Director Jose Armario acquired 18,215 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The shares were acquired at an average price of $5.50 per share, with a total value of $100,182.50. Following the completion of the transaction, the director now owns 18,215 shares in the company, valued at $100,182.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of Avon Products Inc. (NYSE:AVP) opened at 5.64 on Thursday. Avon Products Inc. has a 52 week low of $2.21 and a 52 week high of $6.96. The firm’s 50-day moving average price is $6.12 and its 200 day moving average price is $5.02. The company’s market cap is $2.47 billion.

Avon Products (NYSE:AVP) last announced its earnings results on Thursday, November 3rd. The company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by $0.01. Avon Products had a negative return on equity of 2.30% and a negative net margin of 7.59%. The company earned $1.41 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the business posted ($0.11) earnings per share. Avon Products’s revenue for the quarter was down 1.9% compared to the same quarter last year. On average, equities research analysts forecast that Avon Products Inc. will post $0.13 EPS for the current year.

Several research firms have commented on AVP. B. Riley reiterated a “neutral” rating and issued a $5.25 target price on shares of Avon Products in a research report on Tuesday, August 9th. Zacks Investment Research raised Avon Products from a “hold” rating to a “buy” rating and set a $6.75 target price for the company in a research note on Friday, October 14th. Finally, Deutsche Bank AG raised their target price on Avon Products from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $7.94.

A number of institutional investors have recently made changes to their positions in AVP. Financial Partners Capital Management LLC raised its stake in shares of Avon Products by 0.3% in the third quarter. Financial Partners Capital Management LLC now owns 261,118 shares of the company’s stock worth $1,721,000 after buying an additional 800 shares during the last quarter. Credit Suisse AG raised its position in shares of Avon Products by 8.8% in the third quarter. Credit Suisse AG now owns 5,653,522 shares of the company’s stock worth $31,999,000 after buying an additional 458,892 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in shares of Avon Products by 65.7% in the third quarter. Ameritas Investment Partners Inc. now owns 171,131 shares of the company’s stock worth $969,000 after buying an additional 67,833 shares during the last quarter. Verition Fund Management LLC raised its position in shares of Avon Products by 233.5% in the third quarter. Verition Fund Management LLC now owns 47,421 shares of the company’s stock worth $268,000 after buying an additional 33,200 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. raised its position in shares of Avon Products by 156.7% in the third quarter. D. E. Shaw & Co. Inc. now owns 1,906,100 shares of the company’s stock worth $10,788,000 after buying an additional 1,163,431 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors.

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Avon Products Company Profile

Avon Products, Inc is a manufacturer and marketer of beauty and related products. The Company’s product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics). Fashion and Home consists of fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products and nutritional products.

5 Day Chart for NYSE:AVP

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