An issue of Revlon, Inc. (NYSE:REV) bonds rose 1% as a percentage of their face value during trading on Thursday. The high-yield issue of debt has a 5.75% coupon and will mature on February 15, 2021. The debt is now trading at $89.40 and was trading at $84.00 one week ago. Price changes in a company’s bonds in credit markets often predict parallel changes in its share price.

Separately, BidaskClub downgraded shares of Revlon from a “hold” rating to a “sell” rating in a report on Thursday, July 13th.

Shares of Revlon, Inc. (NYSE:REV) opened at 18.30 on Friday. The firm’s market cap is $962.85 million. Revlon, Inc. has a one year low of $15.60 and a one year high of $37.96. The stock’s 50 day moving average is $21.25 and its 200-day moving average is $25.44.

Revlon (NYSE:REV) last announced its quarterly earnings data on Friday, August 4th. The company reported ($0.46) earnings per share (EPS) for the quarter. The firm had revenue of $645.70 million for the quarter. Revlon had a negative net margin of 4.35% and a negative return on equity of 3.09%. Analysts anticipate that Revlon, Inc. will post $1.80 EPS for the current fiscal year.

In other news, Director Ronald O. Perelman acquired 120,000 shares of Revlon stock in a transaction that occurred on Tuesday, May 30th. The shares were acquired at an average price of $18.66 per share, with a total value of $2,239,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald O. Perelman acquired 347,028 shares of Revlon stock in a transaction that occurred on Monday, June 12th. The shares were purchased at an average cost of $19.59 per share, for a total transaction of $6,798,278.52. The disclosure for this purchase can be found here. Insiders have purchased 2,530,133 shares of company stock worth $50,741,774 in the last three months. Insiders own 78.00% of the company’s stock.

Several institutional investors have recently made changes to their positions in REV. K.J. Harrison & Partners Inc increased its position in shares of Revlon by 5.4% in the second quarter. K.J. Harrison & Partners Inc now owns 100,300 shares of the company’s stock valued at $2,377,000 after buying an additional 5,124 shares during the last quarter. Parametric Portfolio Associates LLC increased its position in shares of Revlon by 53.1% in the second quarter. Parametric Portfolio Associates LLC now owns 34,422 shares of the company’s stock valued at $816,000 after buying an additional 11,935 shares during the last quarter. Advisor Group Inc. purchased a new position in shares of Revlon during the second quarter valued at about $114,000. California Public Employees Retirement System increased its position in shares of Revlon by 9.2% in the second quarter. California Public Employees Retirement System now owns 76,100 shares of the company’s stock valued at $1,804,000 after buying an additional 6,400 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Revlon by 4.1% in the second quarter. Vanguard Group Inc. now owns 1,002,936 shares of the company’s stock valued at $23,770,000 after buying an additional 39,526 shares during the last quarter. 19.18% of the stock is currently owned by institutional investors and hedge funds.

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About Revlon

Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.

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