Empowered Funds LLC Acquires 83,105 Shares of Advantage Solutions Inc. (NASDAQ:ADV)

Empowered Funds LLC raised its holdings in Advantage Solutions Inc. (NASDAQ:ADV) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,700,863 shares of the company’s stock after purchasing an additional 83,105 shares during the quarter. Empowered Funds LLC owned 0.53% of Advantage Solutions worth $4,967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Jane Street Group LLC increased its position in Advantage Solutions by 29.1% in the third 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. JPMorgan Chase & Co. grew its stake in shares of Advantage Solutions by 116.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 323,374 shares of the company’s stock worth $1,109,000 after acquiring an additional 174,220 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Advantage Solutions by 23.1% in the 3rd 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 acquiring an additional 36,547 shares during the last quarter. Barclays PLC raised its stake in Advantage Solutions by 318.7% in the 3rd quarter. Barclays PLC now owns 166,024 shares of the company’s stock valued at $570,000 after acquiring an additional 126,375 shares during the period. Finally, Inspire Investing LLC lifted its holdings in Advantage Solutions by 12.6% during the fourth quarter. Inspire Investing LLC now owns 138,031 shares of the company’s stock valued at $403,000 after purchasing an additional 15,406 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Advantage Solutions Price Performance

ADV opened at $2.76 on Wednesday. The firm has a 50-day moving average price of $2.88 and a 200-day moving average price of $3.28. Advantage Solutions Inc. has a twelve month low of $2.22 and a twelve month high of $4.95. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.81. The company has a market capitalization of $885.27 million, a price-to-earnings ratio of -6.73 and a beta of 1.54.

About Advantage Solutions

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.