Levin Capital Strategies L.P. Decreases Stock Position in Advantage Solutions Inc. (NASDAQ:ADV)

Levin Capital Strategies L.P. lessened its stake in shares of Advantage Solutions Inc. (NASDAQ:ADV) by 29.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 152,500 shares of the company’s stock after selling 62,500 shares during the period. Levin Capital Strategies L.P.’s holdings in Advantage Solutions were worth $445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Barclays PLC raised its holdings in Advantage Solutions by 318.7% during the 3rd quarter. Barclays PLC now owns 166,024 shares of the company’s stock valued at $570,000 after buying an additional 126,375 shares during the period. JPMorgan Chase & Co. raised its holdings in Advantage Solutions by 116.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 323,374 shares of the company’s stock valued at $1,109,000 after buying an additional 174,220 shares during the period. Empowered Funds LLC raised its holdings in Advantage Solutions by 13.9% during the 3rd quarter. Empowered Funds LLC now owns 1,617,758 shares of the company’s stock valued at $5,549,000 after buying an additional 197,534 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Advantage Solutions by 23.1% during 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 valued at $669,000 after buying an additional 36,547 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in Advantage Solutions by 14.8% during the 3rd quarter. Principal Financial Group Inc. now owns 55,207 shares of the company’s stock valued at $189,000 after buying an additional 7,114 shares during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Advantage Solutions Stock Performance

NASDAQ:ADV opened at $2.51 on Friday. The stock’s fifty day moving average is $2.68 and its 200 day moving average is $3.18. Advantage Solutions Inc. has a fifty-two week low of $2.22 and a fifty-two week high of $4.95. The firm has a market capitalization of $805.09 million, a PE ratio of -6.12 and a beta of 1.54. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.90 and a current ratio of 1.90.

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.