An issue of Revlon, Inc. (NYSE:REV) debt rose 1.3% as a percentage of its face value during trading on Monday. The debt issue has a 6.25% coupon and will mature on August 1, 2024. The bonds in the issue are now trading at $77.75 and were trading at $76.00 one week ago. Price moves in a company’s debt in credit markets often predict parallel moves in its stock price.

Separately, BidaskClub cut Revlon from a “hold” rating to a “sell” rating in a report on Thursday, July 13th.

Shares of Revlon, Inc. (NYSE:REV) opened at 19.25 on Wednesday. The firm has a 50-day moving average price of $21.87 and a 200 day moving average price of $25.98. The stock’s market capitalization is $1.01 billion. Revlon, Inc. has a one year low of $15.60 and a one year 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 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 analysts expect that Revlon, Inc. will post $1.80 EPS for the current fiscal year.

In other Revlon news, Director Ronald O. Perelman acquired 150,210 shares of the stock in a transaction dated Friday, June 23rd. The stock was acquired at an average price of $23.11 per share, with a total value of $3,471,353.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald O. Perelman acquired 347,028 shares of the stock in a transaction dated Monday, June 12th. The stock was acquired at an average cost of $19.59 per share, with a total value of $6,798,278.52. The disclosure for this purchase can be found here. Over the last three months, insiders bought 1,730,438 shares of company stock valued at $35,995,570. Insiders own 78.00% of the company’s stock.

Several large investors have recently made changes to their positions in REV. Pioneer Investment Management Inc. acquired a new stake in shares of Revlon during the second quarter worth approximately $1,186,000. K.J. Harrison & Partners Inc increased its stake in shares of Revlon by 5.4% in the second quarter. K.J. Harrison & Partners Inc now owns 100,300 shares of the company’s stock worth $2,377,000 after buying an additional 5,124 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Revlon by 1.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 61,610 shares of the company’s stock worth $1,461,000 after buying an additional 745 shares in the last quarter. Finally, Rhumbline Advisers increased 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 worth $327,000 after buying an additional 280 shares in the last quarter. 19.18% of the stock is owned by institutional investors and hedge funds.

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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.

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