It is the same, as 67 investors sold C shares while 443 reduced holdings. only 124 funds opened positions while 435 raised stakes. Vanguard Group Inc is the second biggest holder with 70 million shares now valued at 5.78 B million whilst Wellington Management Company LLP has 58 million shares valued at 4.75 B million.
The unit could fetch $14 billion to $16 billion in a sale, J.P. Morgan estimates, assuming it commands an earnings multiple on par with market leader Zoetis Inc. Cornerstone Advisors Inc. boosted its holdings in Eli Lilly and by 18.4% in the 2nd quarter. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.30, which implies that analysts are generally neutral in their outlook for LLY over the next year. Archford Cap Strategies Limited Liability Company holds 0.08% or 1,788 shares.
COPYRIGHT VIOLATION NOTICE: This news story was originally reported by Week Herald and is the property of of Week Herald. The original version of this report can be read at https://stocknewstimes.com/2017/10/24/eli-lilly-and-company-lly-shares-bought-by-marshall-wace-north-america-l-p.html. Including today's unusual volume, Eli Lilly and Company's stock is performing at 18.53% on the year. Eli Lilly and Company has a 12-month low of $64.18 and a 12-month high of $89.09. The company has a 50-day moving average of $84.58 and a 200-day moving average of $82.25. The stock has a market capitalization of $91.97 billion, a P/E ratio of 37.72 and a beta of 0.34. Along with these its last twelve month performance is stands at 5.63% while moved 2.78% for the past six months. In the latest earnings report the EPS was $2.31 and is estimated to be $4.16 for the current year with 1,055,000,000 shares now outstanding. The firm had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.52 billion. Eli Lilly and had a return on equity of 23.71% and a net margin of 11.73%. The firm's revenue was up 9.0% compared to the same quarter previous year. The Atalanta Sosnoff Capital Llc holds 505,663 shares with $41.62M value, up from 439,789 last quarter. When we divide the current volume by the three-month average volume, we get a relative volume of 2.85.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Wednesday, November 15th will be given a $0.52 dividend. ONEOK had 56 analyst reports since August 11, 2015 according to SRatingsIntel. Eli Lilly and's payout ratio is 90.04%.
A number of brokerages have recently issued reports on LLY. BMO Capital Markets upgraded Eli Lilly and Co (NYSE:LLY) on Monday, November 16 to "Outperform" rating. Piper Jaffray maintained Eli Lilly and Co (NYSE:LLY) on Friday, September 8 with "Buy" rating.
Leerink Swann analyst Seamus Fernandez maintained a Hold rating on Eli Lilly & Co (NYSE: LLY) today and set a price target of $93.
The stock decreased 0.06% or $0.05 during the last trading session, hitting $88.48. (NYSE:LLY)'s stock had its "buy" rating restated by Goldman Sachs Group Inc.in a note issued to investors on Wednesday. Morgan Stanley set a $86.00 target price on shares of Eli Lilly and and gave the stock a "hold" rating in a research report on Friday, October 6th.
Chairman and CEO David Ricks said that Elanco, which the company has bulked up with acquisitions in recent years, has been an important growth driver, and it is now large enough for Lilly "to consider a variety of options to maximize future value". The stock was sold at an average price of $81.06, for a total transaction of $14,590,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.