From MarketBeat: Boston Trust Walden Corp Sells 39,558 Shares of Avery Dennison Co. (NYSE:AVY)

From MarketBeat:



Boston Trust Walden Corp reduced its holdings in Avery Dennison Co. by 12.9% in the third quarter to 267,346 shares worth $48,836,000. Other institutional investors also modified their stakes in AVY. Wall Street analysts have described the company as a “moderate buy” and have set a target price of $207.25. Avery Dennison shares are currently trading at $201.25, with a market cap of $16.21 billion, PE ratio of 33.88, and a PEG ratio of 3.66. The company reported $2.10 EPS for the last quarter, and has a quarterly dividend of $0.81. In addition, Avery Dennison has been rated as a “buy” by research analysts.

Avery Dennison Corporation runs as a materials science and digital identification solutions organization. They deal with branding and information labeling solutions, which encompass pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and various converted products and solutions. The company recently issued a $0.81 dividend, and its current dividend payout ratio is 54.45%. MarketBeat has identified the five stocks that top analysts are silently promoting to their clients, none of which is Avery Dennison. The company is currently rated as a “Buy” by financial experts and has been given a price target of $207.25.



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