Avantor, Inc. (NYSE:AVTR) Shares Acquired by UMB Bank n.a.

UMB Bank n.a. boosted its position in Avantor, Inc. (NYSE:AVTR) by 56.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,981 shares of the company’s stock after acquiring an additional 1,074 shares during the quarter. UMB Bank n.a.’s holdings in Avantor were worth $63,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC lifted its stake in shares of Avantor by 69.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,035 shares of the company’s stock valued at $53,000 after purchasing an additional 835 shares in the last quarter. GAMMA Investing LLC raised its holdings in Avantor by 89.9% in the third quarter. GAMMA Investing LLC now owns 2,715 shares of the company’s stock valued at $70,000 after buying an additional 1,285 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its position in Avantor by 278.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,031 shares of the company’s stock valued at $130,000 after buying an additional 3,700 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in Avantor during the third quarter worth approximately $139,000. Finally, First Horizon Advisors Inc. increased its position in shares of Avantor by 30.8% in the third quarter. First Horizon Advisors Inc. now owns 5,629 shares of the company’s stock worth $146,000 after acquiring an additional 1,326 shares in the last quarter. Hedge funds and other institutional investors own 95.08% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on AVTR shares. Wells Fargo & Company decreased their price target on shares of Avantor from $30.00 to $28.00 and set an “overweight” rating for the company in a research report on Monday, October 28th. UBS Group reaffirmed a “neutral” rating and issued a $25.00 target price (down previously from $29.00) on shares of Avantor in a research report on Friday, January 17th. Raymond James dropped their target price on Avantor from $29.00 to $26.00 and set an “outperform” rating on the stock in a report on Tuesday. Robert W. Baird lowered their price objective on shares of Avantor from $27.00 to $26.00 and set an “outperform” rating for the company in a research report on Monday, October 28th. Finally, Barclays dropped their price objective on shares of Avantor from $28.00 to $25.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $27.38.

Avantor Price Performance

Shares of AVTR stock opened at $22.07 on Friday. The firm has a fifty day moving average of $21.47 and a two-hundred day moving average of $23.38. The firm has a market cap of $15.02 billion, a P/E ratio of 47.97, a P/E/G ratio of 3.53 and a beta of 1.28. Avantor, Inc. has a 1-year low of $19.59 and a 1-year high of $28.00. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.54 and a quick ratio of 1.06.

Avantor Company Profile

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.