Lazard Possession Management LLC bought a brand-new position in Avnet, Inc. (NASDAQ: AVT– Free Report) in the 4th quarter, according to the company in its latest Type 13F filing with the Stocks and Exchange Payment (SEC). The firm bought 23,519 shares of the firm’s stock, valued at around $1,230,000. Other huge capitalists have actually likewise changed their holdings of the firm. Principal Securities Inc. increased its placement in Avnet by 18.2% during the fourth quarter. Principal Stocks Inc. now owns 1,373 shares of the firm’s supply worth $72,000 after getting an added 211 shares throughout the last quarter. Globe Investment Advisors increased its holdings in shares of Avnet by 3.7% throughout the fourth quarter. Globe Investment Advisors now has 7,223 shares of the company’s stock worth $378,000 after buying an added 255 shares throughout the last quarter. Highland Capital Management LLC raised its position in Avnet by 6.6% throughout the 4th quarter. Highland Resources Management LLC now owns 4,234 shares of the business’s stock valued at $222,000 after purchasing an additional 261 shares during the duration. Quadrant Capital Group LLC increased its holdings in Avnet by 30.5% in the fourth quarter. Quadrant Resources Group LLC now has 1,456 shares of the firm’s supply valued at $76,000 after acquiring an extra 340 shares throughout the last quarter. Transcend Funding Advisors LLC boosted its holdings in Avnet by 2.3% in the 4th quarter. Transcend Resources Advisors LLC currently possesses 16,652 shares of the business’s stock valued at $871,000 after acquiring an additional 381 shares during the last quarter. Hedge funds and various other institutional capitalists possess 95.78% of the company’s supply. Insider Buying and Selling In relevant information, VP Elizabeth Mcmullen offered 4,000 shares of the firm’s stock in a deal dated Tuesday, May 13th. The shares were cost a typical rate of $52.80, for an overall value of $211,200.00. Following the deal, the vice head of state currently directly possesses 14,626 shares of the business’s stock, valued at approximately $772,252.80. This trade represents a 21.48% decrease in their position. The sale was revealed in a declaring with the SEC, which can be accessed through the SEC internet site. 1.50% of the stock is owned by experts. Wall Surface Road Analysts Forecast Development Get Our Most Current Evaluation on AVT Avnet Trading Down 1.8% Shares of Avnet supply opened at $50.93 on Tuesday. The company has a 50-day simple moving average of $48.16 and a two-hundred day easy moving average of $51.04. The business has a debt-to-equity proportion of 0.53, a fast proportion of 1.15 and an existing ratio of 2.39. Avnet, Inc. has a fifty-two week low of $39.22 and a fifty-two week high of $59.24. The firm has a market cap of $4.27 billion, a P/E proportion of 14.43, a price-to-earnings-growth proportion of 1.13 and a beta of 0.98. Avnet (NASDAQ: AVT– Get Free Record) last released its quarterly revenues outcomes on Wednesday, April 30th. The business reported $0.84 incomes per share for the quarter, covering experts’ consensus price quotes of $0.72 by $0.12. The company had profits of $5.32 billion throughout the quarter, contrasted to analysts’ expectations of $5.25 billion. Avnet had a return on equity of 7.49% and an internet margin of 1.41%. Avnet’s quarterly profits was down 6.0% contrasted to the exact same quarter in 2015. Throughout the same quarter in the previous year, the firm uploaded $1.10 EPS. En masse, equities analysts predict that Avnet, Inc. will certainly post 3.41 incomes per share for the present fiscal year. Avnet Dividend Statement Business also lately declared a quarterly reward, which will certainly be paid on Wednesday, June 18th. Investors of document on Wednesday, June fourth will certainly be paid a $0.33 reward. The ex-dividend date is Wednesday, June fourth. This represents a $1.32 reward on an annualized basis and a return of 2.59%. Avnet’s reward payment ratio is currently 36.97%. About Avnet (Free Report) Avnet, Inc, disperses electronic component innovation. The company operates through two sections, Electronic Parts and Farnell. The Electronic Components sector markets, offers, and disperses semiconductors; adjoin, passive, and electromechanical parts; and various other incorporated components from electronic element makers. Better Reading Receive News & Ratings for Avnet Daily – Enter your email address listed below to get a concise everyday recap of the most recent news and analysts’ ratings for Avnet and relevant firms with MarketBeat.com’s FREE daily email newsletter.
World Financial investment Advisors increased its holdings in shares of Avnet by 3.7% throughout the 4th quarter. Wall Surface Street Analysts Forecast Growth Get Our Latest Evaluation on AVT Avnet Trading Down 1.8% Shares of Avnet supply opened up at $50.93 on Tuesday. As a group, equities analysts forecast that Avnet, Inc. will upload 3.41 revenues per share for the existing fiscal year. Concerning Avnet (Free Record) Avnet, Inc, distributes electronic part technology. Better Reading Receive Information & Ratings for Avnet Daily – Enter your e-mail address below to get a concise everyday summary of the most current information and analysts’ rankings for Avnet and related companies with MarketBeat.com’s FREE daily email e-newsletter.