Midas Management Corp purchased a new stake in shares of Aviva PLC (NYSE:AV) during the second quarter, according to its most recent filing with the SEC. The institutional investor purchased 94,000 shares of the company’s stock, valued at approximately $1,005,000.
A number of other large investors also recently bought and sold shares of AV. Bank of Montreal Can bought a new stake in Aviva PLC during the second quarter valued at $352,000. Kanaly Trust Co boosted its position in shares of Aviva PLC by 36.5% in the second quarter. Kanaly Trust Co now owns 10,652 shares of the company’s stock worth $114,000 after buying an additional 2,846 shares in the last quarter. Private Bank & Trust Co. boosted its position in shares of Aviva PLC by 27.7% in the second quarter. Private Bank & Trust Co. now owns 15,217 shares of the company’s stock worth $163,000 after buying an additional 3,304 shares in the last quarter. First Republic Investment Management Inc. acquired a new position in shares of Aviva PLC during the first quarter worth about $756,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Aviva PLC by 3.8% in the first quarter. Envestnet Asset Management Inc. now owns 347,579 shares of the company’s stock worth $4,539,000 after buying an additional 12,599 shares in the last quarter. 0.79% of the stock is owned by hedge funds and other institutional investors.
Aviva PLC (NYSE:AV) traded up 1.20% on Tuesday, reaching $10.94. 192,128 shares of the company’s stock were exchanged. The company has a market cap of $22.16 billion, a PE ratio of 35.29 and a beta of 1.29. Aviva PLC has a 52-week low of $9.11 and a 52-week high of $15.67. The firm’s 50 day moving average price is $11.45 and its 200 day moving average price is $11.60.
The company also recently disclosed a dividend, which will be paid on Wednesday, November 23rd. Shareholders of record on Friday, October 7th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Wednesday, October 5th.
A number of brokerages have recently issued reports on AV. Zacks Investment Research upgraded shares of Aviva PLC from a “sell” rating to a “hold” rating in a report on Monday, September 26th. Macquarie upgraded shares of Aviva PLC from a “neutral” rating to an “outperform” rating in a report on Monday, June 27th. Barclays PLC cut shares of Aviva PLC from an “overweight” rating to an “equal weight” rating in a report on Friday, July 8th. Shore Capital reiterated a “sell” rating on shares of Aviva PLC in a report on Saturday, June 25th. Finally, Jefferies Group reiterated a “hold” rating on shares of Aviva PLC in a report on Thursday, September 8th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold”.
Aviva PLC Company Profile
Aviva plc is the holding company of the Aviva Group. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. The Company’s segments include UK & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia, and Aviva Investors.
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