Humankind Investments LLC Makes New Investment in Advantage Solutions Inc. (NASDAQ:ADV)

Humankind Investments LLC bought a new position in shares of Advantage Solutions Inc. (NASDAQ:ADV) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,529 shares of the company’s stock, valued at approximately $31,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its position in Advantage Solutions by 11.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,684,721 shares of the company’s stock worth $13,679,000 after purchasing an additional 479,348 shares during the period. CastleKnight Management LP boosted its position in Advantage Solutions by 61.7% during the fourth quarter. CastleKnight Management LP now owns 3,924,922 shares of the company’s stock worth $11,461,000 after purchasing an additional 1,496,994 shares during the period. Bridgeway Capital Management LLC lifted its holdings in shares of Advantage Solutions by 1.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 3,150,863 shares of the company’s stock worth $9,201,000 after buying an additional 53,105 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Advantage Solutions by 5.1% during the fourth quarter. Empowered Funds LLC now owns 1,700,863 shares of the company’s stock worth $4,967,000 after buying an additional 83,105 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Advantage Solutions by 6.5% during the fourth quarter. Northern Trust Corp now owns 885,048 shares of the company’s stock worth $2,584,000 after buying an additional 54,257 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

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

Advantage Solutions Stock Up 5.4%

Shares of ADV stock opened at $1.46 on Monday. Advantage Solutions Inc. has a 12 month low of $1.11 and a 12 month high of $4.16. The firm has a market cap of $467.65 million, a PE ratio of -3.55 and a beta of 2.10. The stock has a 50 day moving average of $1.47 and a 200-day moving average of $2.45. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.81.

Advantage Solutions 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.