Revlon, Inc. (NYSE:REV) Director Ronald O. Perelman bought 419,127 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average price of $18.55 per share, with a total value of $7,774,805.85. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Revlon, Inc. (NYSE:REV) traded up 0.87% during trading on Friday, reaching $17.45. The company had a trading volume of 420,828 shares. The firm’s market capitalization is $918.13 million. Revlon, Inc. has a 52 week low of $15.60 and a 52 week high of $37.96. The firm has a 50-day moving average of $20.43 and a 200 day moving average of $24.89.
Revlon (NYSE:REV) last issued its earnings results on Friday, August 4th. The company reported ($0.46) earnings per share for the quarter. Revlon had a negative return on equity of 3.09% and a negative net margin of 4.35%. The company had revenue of $645.70 million during the quarter. On average, equities research analysts forecast that Revlon, Inc. will post $1.80 earnings per share for the current year.
Several large investors have recently modified their holdings of REV. Parametric Portfolio Associates LLC increased its stake in shares of Revlon by 53.1% in the second quarter. Parametric Portfolio Associates LLC now owns 34,422 shares of the company’s stock valued at $816,000 after buying an additional 11,935 shares during the last quarter. Advisor Group Inc. bought a new stake in shares of Revlon during the second quarter valued at $114,000. California Public Employees Retirement System increased its stake in shares of Revlon by 9.2% in the second quarter. California Public Employees Retirement System now owns 76,100 shares of the company’s stock valued at $1,804,000 after buying an additional 6,400 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Revlon by 4.1% in the second quarter. Vanguard Group Inc. now owns 1,002,936 shares of the company’s stock valued at $23,770,000 after buying an additional 39,526 shares during the last quarter. Finally, Thrivent Financial For Lutherans bought a new stake in shares of Revlon during the second quarter valued at $531,000. 16.27% of the stock is owned by institutional investors.
Separately, BidaskClub cut Revlon from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th.
Revlon Company Profile
Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.
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