SG Americas Securities LLC Acquires 10,103 Shares of Advantage Solutions Inc. (NASDAQ:ADV)

SG Americas Securities LLC increased its stake in Advantage Solutions Inc. (NASDAQ:ADV) by 25.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 49,288 shares of the company’s stock after purchasing an additional 10,103 shares during the quarter. SG Americas Securities LLC’s holdings in Advantage Solutions were worth $178,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ADV. Swiss National Bank boosted its holdings in shares of Advantage Solutions by 7.3% in the 1st quarter. Swiss National Bank now owns 150,600 shares of the company’s stock valued at $961,000 after buying an additional 10,200 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Advantage Solutions by 4.1% in the 1st quarter. Bank of New York Mellon Corp now owns 529,664 shares of the company’s stock valued at $3,379,000 after buying an additional 20,843 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in shares of Advantage Solutions by 59.3% in the 1st quarter. MetLife Investment Management LLC now owns 48,291 shares of the company’s stock valued at $308,000 after buying an additional 17,984 shares during the last quarter. Panagora Asset Management Inc. lifted its holdings in Advantage Solutions by 17.3% during the 1st quarter. Panagora Asset Management Inc. now owns 151,398 shares of the company’s stock valued at $966,000 after purchasing an additional 22,304 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Advantage Solutions by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 7,774,752 shares of the company’s stock valued at $49,603,000 after purchasing an additional 62,402 shares during the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Advantage Solutions Stock Down 2.5 %

ADV stock opened at $4.22 on Monday. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.87 and a quick ratio of 1.87. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of -21.10 and a beta of 1.59. The business’s fifty day moving average price is $4.03 and its two-hundred day moving average price is $3.45. Advantage Solutions Inc. has a fifty-two week low of $1.13 and a fifty-two week high of $4.95.

Advantage Solutions (NASDAQ:ADV) last posted its quarterly earnings data on Thursday, February 29th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.08). The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.14 billion. Advantage Solutions had a negative return on equity of 4.51% and a negative net margin of 1.35%. On average, equities analysts anticipate that Advantage Solutions Inc. will post 0.47 earnings per share for the current year.

Insiders Place Their Bets

In other news, COO Jack Anthony Pestello acquired 10,000 shares of the stock in a transaction on Monday, March 11th. The shares were purchased at an average price of $3.87 per share, for a total transaction of $38,700.00. Following the transaction, the chief operating officer now directly owns 146,279 shares of the company’s stock, valued at $566,099.73. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 5.50% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TheStreet raised Advantage Solutions from a “d” rating to a “c-” rating in a report on Thursday, February 29th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $3.43.

Advantage Solutions Company Profile

Advantage Solutions Inc provides business solutions to consumer goods manufacturers and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; and brand-centric merchandising services.