18,643 Shares in Avantor, Inc. (NYSE:AVTR) Purchased by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new stake in Avantor, Inc. (NYSE:AVTR) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 18,643 shares of the company’s stock, valued at approximately $393,000.

Several other hedge funds have also recently bought and sold shares of AVTR. Public Employees Retirement System of Ohio lifted its position in shares of Avantor by 34.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 346,822 shares of the company’s stock worth $8,972,000 after buying an additional 88,205 shares during the last quarter. Sound Shore Management Inc. CT acquired a new stake in shares of Avantor in the 2nd quarter valued at approximately $76,412,000. Seven Eight Capital LP bought a new stake in shares of Avantor during the 2nd quarter valued at approximately $642,000. New York State Teachers Retirement System acquired a new position in Avantor during the 3rd quarter worth approximately $8,473,000. Finally, Everence Capital Management Inc. bought a new position in Avantor in the 4th quarter valued at approximately $555,000. 95.08% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AVTR has been the subject of several research analyst reports. Wells Fargo & Company lowered their price target on shares of Avantor from $30.00 to $28.00 and set an “overweight” rating for the company in a report on Monday, October 28th. Royal Bank of Canada reiterated an “outperform” rating and issued a $34.00 target price on shares of Avantor in a research report on Thursday, September 26th. Barclays cut their price target on Avantor from $28.00 to $25.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. UBS Group reiterated a “neutral” rating and issued a $25.00 price objective (down previously from $29.00) on shares of Avantor in a report on Friday. Finally, Robert W. Baird reduced their target price on shares of Avantor from $27.00 to $26.00 and set an “outperform” rating on the stock in a report on Monday, October 28th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Avantor presently has an average rating of “Moderate Buy” and a consensus target price of $27.38.

Avantor Stock Performance

Shares of Avantor stock opened at $22.14 on Friday. The company has a market cap of $15.07 billion, a P/E ratio of 48.13, a PEG ratio of 3.42 and a beta of 1.28. The company has a current ratio of 1.54, a quick ratio of 1.06 and a debt-to-equity ratio of 0.84. The business has a 50-day moving average price of $21.45 and a two-hundred day moving average price of $23.35. Avantor, Inc. has a 1-year low of $19.59 and a 1-year high of $28.00.

About Avantor

Avantor, Inc engages in the provision of mission-critical products and services to customers in the biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. The company offers materials and consumables, such as purity chemicals and reagents, lab products and supplies, formulated silicone materials, customized excipients, customized single-use assemblies, process chromatography resins and columns, analytical sample prep kits, education and microbiology products, clinical trial kits, peristaltic pumps, and fluid handling tips.