Fifth Third Wealth Advisors LLC trimmed its place in IQVIA Holdings Inc. (NYSE:IQV – Free Report) by 5.0% within the third quarter, in line with its most up-to-date submitting with the Securities and Alternate Fee (SEC). The institutional investor owned 1,458 shares of the medical analysis firm’s inventory after promoting 76 shares through the interval. Fifth Third Wealth Advisors LLC’s holdings in IQVIA had been price $346,000 on the finish of the latest quarter.
Numerous different institutional buyers have additionally added to or lowered their stakes within the firm. PGGM Investments lifted its holdings in shares of IQVIA by 55.8% within the 2nd quarter. PGGM Investments now owns 12,073 shares of the medical analysis firm’s inventory price $2,553,000 after buying an extra 4,326 shares within the final quarter. Simplify Asset Administration Inc. lifted its stake in shares of IQVIA by 67.8% within the third quarter. Simplify Asset Administration Inc. now owns 9,637 shares of the medical analysis firm’s inventory valued at $2,284,000 after shopping for an extra 3,894 shares within the final quarter. Quadrature Capital Ltd acquired a brand new place in shares of IQVIA through the first quarter valued at about $3,365,000. Raymond James & Associates raised its holdings in shares of IQVIA by 0.7% within the 2nd quarter. Raymond James & Associates now owns 800,374 shares of the medical analysis firm’s inventory price $169,231,000 after buying an extra 5,417 shares over the last quarter. Lastly, Versor Investments LP purchased a brand new place in IQVIA within the third quarter valued at about $1,328,000. 89.62% of the inventory is owned by institutional buyers and hedge funds.
Analysts Set New Worth Targets
IQV has been the subject of various current analysis reviews. Morgan Stanley lower their goal value on IQVIA from $280.00 to $265.00 and set an “obese” ranking on the inventory in a analysis report on Monday, November 4th. Evercore ISI lowered their goal value on shares of IQVIA from $270.00 to $265.00 and set an “outperform” ranking for the corporate in a analysis observe on Tuesday, October eighth. BTIG Analysis dropped their value goal on shares of IQVIA from $290.00 to $260.00 and set a “purchase” ranking on the inventory in a analysis report on Friday, November 1st. Robert W. Baird lowered their value goal on shares of IQVIA from $256.00 to $223.00 and set a “impartial” ranking for the corporate in a analysis report on Friday, November 1st. Lastly, Argus raised shares of IQVIA to a “strong-buy” ranking in a analysis report on Wednesday, July thirty first. 4 analysis analysts have rated the inventory with a maintain ranking, fifteen have assigned a purchase ranking and one has assigned a powerful purchase ranking to the corporate’s inventory. Based on information from MarketBeat.com, the corporate has a consensus ranking of “Average Purchase” and a median goal value of $256.50.
Learn Our Newest Report on IQV
Insider Shopping for and Promoting at IQVIA
In associated information, insider Eric Sherbet bought 1,300 shares of the inventory in a transaction on Tuesday, August twenty seventh. The shares had been bought at a median value of $246.33, for a complete transaction of $320,229.00. Following the transaction, the insider now owns 19,536 shares of the corporate’s inventory, valued at roughly $4,812,302.88. This commerce represents a 6.24 % lower of their place. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible via this hyperlink. 1.60% of the inventory is at present owned by firm insiders.
IQVIA Inventory Efficiency
NYSE:IQV opened at $197.57 on Friday. IQVIA Holdings Inc. has a twelve month low of $187.62 and a twelve month excessive of $261.73. The corporate has a fast ratio of 0.81, a present ratio of 0.81 and a debt-to-equity ratio of 1.76. The inventory has a market cap of $35.86 billion, a P/E ratio of 25.93, a PEG ratio of 1.97 and a beta of 1.51. The enterprise’s 50-day shifting common value is $223.40 and its two-hundred day shifting common value is $227.35.
IQVIA Profile
IQVIA Holdings Inc engages within the provision of superior analytics, expertise options, and medical analysis companies to the life sciences trade within the Americas, Europe, Africa, and the Asia-Pacific. It operates via three segments: Know-how & Analytics Options, Analysis & Improvement Options, and Contract Gross sales & Medical Options.
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