Revlon, Inc. (NYSE:REV) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Friday.

REV has been the subject of a number of other reports. Jefferies Group LLC assumed coverage on shares of Revlon in a report on Wednesday. They set a “hold” rating and a $16.00 price target for the company. BidaskClub cut shares of Revlon from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th.

Revlon (NYSE:REV) traded up 0.63% on Friday, hitting $16.05. The company had a trading volume of 397,431 shares. The firm’s 50 day moving average price is $17.55 and its 200 day moving average price is $22.53. The stock’s market cap is $844.47 million. Revlon has a 12-month low of $15.60 and a 12-month high of $37.96.

Revlon (NYSE:REV) last released its quarterly earnings results on Friday, August 4th. The company reported ($0.46) earnings per share (EPS) for the quarter. Revlon had a negative net margin of 4.35% and a negative return on equity of 3.09%. The firm had revenue of $645.70 million for the quarter. Equities analysts predict that Revlon will post $1.80 earnings per share for the current fiscal year.

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In related news, Director Ronald O. Perelman bought 120,618 shares of Revlon stock in a transaction that occurred on Monday, June 19th. The stock was acquired at an average price of $22.91 per share, for a total transaction of $2,763,358.38. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald O. Perelman bought 280,568 shares of Revlon stock in a transaction that occurred on Thursday, August 10th. The stock was bought at an average price of $18.66 per share, with a total value of $5,235,398.88. The disclosure for this purchase can be found here. Insiders have acquired 1,426,204 shares of company stock valued at $28,846,238 over the last 90 days. Corporate insiders own 78.00% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisor Group Inc. bought a new stake in shares of Revlon in the second quarter valued at about $114,000. The Manufacturers Life Insurance Company lifted its stake in shares of Revlon by 1.3% in the second quarter. The Manufacturers Life Insurance Company now owns 11,024 shares of the company’s stock valued at $261,000 after buying an additional 137 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Revlon by 625.7% in the second quarter. Tower Research Capital LLC TRC now owns 12,337 shares of the company’s stock valued at $292,000 after buying an additional 10,637 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Revlon by 2.4% in the second quarter. Goldman Sachs Group Inc. now owns 12,379 shares of the company’s stock valued at $293,000 after buying an additional 296 shares during the period. Finally, Rhumbline Advisers lifted its stake in shares of Revlon by 2.1% in the second quarter. Rhumbline Advisers now owns 13,793 shares of the company’s stock valued at $327,000 after buying an additional 280 shares during the period. Institutional investors and hedge funds own 13.99% of the company’s stock.

About Revlon

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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