Advantage Solutions Inc. (NASDAQ:ADV) Shares Sold by LSV Asset Management

LSV Asset Management decreased its position in Advantage Solutions Inc. (NASDAQ:ADV) by 30.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 138,300 shares of the company’s stock after selling 60,000 shares during the period. LSV Asset Management’s holdings in Advantage Solutions were worth $404,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Advantage Solutions by 23.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 194,941 shares of the company’s stock worth $669,000 after purchasing an additional 36,547 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Advantage Solutions by 29.1% in the 3rd quarter. Jane Street Group LLC now owns 604,588 shares of the company’s stock worth $2,074,000 after buying an additional 136,276 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Advantage Solutions in the 3rd quarter valued at about $214,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Advantage Solutions during the 3rd quarter valued at about $54,000. Finally, Barclays PLC raised its stake in Advantage Solutions by 318.7% during the third quarter. Barclays PLC now owns 166,024 shares of the company’s stock worth $570,000 after acquiring an additional 126,375 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Advantage Solutions Price Performance

Shares of ADV opened at $1.23 on Wednesday. Advantage Solutions Inc. has a 12 month low of $1.11 and a 12 month high of $4.82. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.90 and a quick ratio of 1.90. The stock has a fifty day moving average price of $1.92 and a 200 day moving average price of $2.68. The company has a market cap of $395.33 million, a P/E ratio of -3.00 and a beta of 1.95.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their target price on Advantage Solutions from $5.50 to $3.50 and set a “buy” rating for the company in a research note on Tuesday, March 11th.

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.