Aviva PLC (NYSE:AV) gapped up prior to trading on Wednesday . The stock had previously closed at $11.26, but opened at $11.40. Aviva PLC shares last traded at $11.66, with a volume of 114,938 shares trading hands.
Several research firms recently issued reports on AV. Zacks Investment Research upgraded Aviva PLC from a “sell” rating to a “hold” rating in a report on Tuesday. Jefferies Group reiterated a “hold” rating on shares of Aviva PLC in a report on Thursday, September 8th. Barclays PLC downgraded 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, Deutsche Bank AG reiterated a “buy” rating on shares of Aviva PLC in a report on Saturday, June 25th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. Aviva PLC has a consensus rating of “Hold”.
The firm has a market capitalization of $23.82 billion, a price-to-earnings ratio of 36.07 and a beta of 1.33. The stock has a 50-day moving average of $11.23 and a 200-day moving average of $11.89.
The company also recently announced a dividend, which will be paid on Wednesday, November 23rd. Investors of record on Friday, October 7th will be given a $0.175 dividend. The ex-dividend date is Wednesday, October 5th.
Several hedge funds and other institutional investors have recently modified their holdings of AV. UBS Asset Management Americas Inc. raised its position in shares of Aviva PLC by 167.1% in the first quarter. UBS Asset Management Americas Inc. now owns 386,308 shares of the company’s stock valued at $5,045,000 after buying an additional 241,701 shares during the period. Euclid Advisors LLC purchased a new position in shares of Aviva PLC during the second quarter valued at $1,964,000. Dimensional Fund Advisors LP raised its position in shares of Aviva PLC by 73.1% in the second quarter. Dimensional Fund Advisors LP now owns 322,001 shares of the company’s stock valued at $3,442,000 after buying an additional 136,027 shares during the period. Ngam Advisors L.P. raised its position in shares of Aviva PLC by 95.8% in the first quarter. Ngam Advisors L.P. now owns 204,625 shares of the company’s stock valued at $2,672,000 after buying an additional 100,131 shares during the period. Finally, Parametric Portfolio Associates LLC raised its position in shares of Aviva PLC by 6.6% in the second quarter. Parametric Portfolio Associates LLC now owns 1,618,164 shares of the company’s stock valued at $17,298,000 after buying an additional 99,762 shares during the period. 0.79% of the stock is currently owned by institutional investors and hedge funds.
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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