1 week Ago By ABMN Staff
Pictet Asset Management Holding SA grew its holdings in AeroVironment, Inc. ( NASDAQ:AVAV – Free Report ) by 7.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 3,873 shares of the aerospace company’s stock after purchasing an additional 285 shares during the quarter. Pictet Asset Management Holding SA’s holdings in AeroVironment were worth $596,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds also recently made changes to their positions in the business.
New Age Alpha Advisors LLC bought a new stake in AeroVironment in the fourth quarter valued at $250,000. Norges Bank acquired a new position in AeroVironment during the 4th quarter worth approximately $37,502,000. Blair William & Co.
IL boosted its holdings in AeroVironment by 160.5% in the fourth quarter. Blair William & Co.
IL now owns 26,901 shares of the aerospace company’s stock worth $4,140,000 after acquiring an additional 16,576 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its holdings in shares of AeroVironment by 219.4% during the fourth quarter.
IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 3,481 shares of the aerospace company’s stock valued at $536,000 after acquiring an additional 2,391 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of AeroVironment by 415.
7% during the fourth quarter. JPMorgan Chase & Co. now owns 198,975 shares of the aerospace company’s stock valued at $30,620,000 after acquiring an additional 160,390 shares in the last quarter.
Institutional investors own 86.38% of the company’s stock. AeroVironment Stock Up 6.
7 % AVAV stock opened at $121.03 on Wednesday. The stock has a market cap of $3.
42 billion, a P/E ratio of 69.56 and a beta of 0.74.
The company has a current ratio of 4.61, a quick ratio of 3.36 and a debt-to-equity ratio of 0.
02. The stock’s fifty day simple moving average is $143.27 and its two-hundred day simple moving average is $173.
16. AeroVironment, Inc. has a 1-year low of $102.
25 and a 1-year high of $236.60. Insider Buying and Selling Wall Street Analysts Forecast Growth Several analysts recently issued reports on the stock.
Jefferies Financial Group reduced their price target on shares of AeroVironment from $230.00 to $190.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th.
Robert W. Baird dropped their target price on AeroVironment from $220.00 to $146.
00 and set an “outperform” rating on the stock in a report on Wednesday, March 5th. Raymond James upgraded AeroVironment from a “market perform” rating to a “strong-buy” rating and set a $200.00 price target for the company in a report on Tuesday.
Finally, William Blair restated an “outperform” rating on shares of AeroVironment in a research note on Wednesday, March 5th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.
com, AeroVironment has an average rating of “Buy” and an average target price of $202.00. Read Our Latest Stock Analysis on AeroVironment About AeroVironment ( Free Report ) AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally.
It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments. Featured Stories Receive News & Ratings for AeroVironment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AeroVironment and related companies with MarketBeat.com's FREE daily email newsletter .
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