Grifols SA (GRFS) to Post FY2016 Earnings of $1.01 Per Share, William Blair Forecasts
Grifols SA (NASDAQ:GRFS) – Equities research analysts at William Blair upped their FY2016 EPS estimates for shares of Grifols SA in a research report issued on Tuesday. William Blair analyst M. Kaczor now anticipates that the brokerage will post earnings of $1.01 per share for the year, up from their prior estimate of $1.00. William Blair also issued estimates for Grifols SA’s Q4 2016 earnings at $0.26 EPS.
Separately, Zacks Investment Research lowered shares of Grifols SA from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $20.25.
Shares of Grifols SA (NASDAQ:GRFS) opened at 15.74 on Friday. The company has a 50 day moving average price of $0.00 and a 200-day moving average price of $0.00. Grifols SA has a 12 month low of $14.07 and a 12 month high of $17.67.
Large investors have recently made changes to their positions in the stock. Advisor Group Inc. raised its stake in shares of Grifols SA by 11.5% in the third quarter. Advisor Group Inc. now owns 10,947 shares of the company’s stock worth $174,000 after buying an additional 1,125 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Grifols SA by 13.4% in the third quarter. Ameriprise Financial Inc. now owns 507,358 shares of the company’s stock worth $8,098,000 after buying an additional 60,087 shares during the last quarter. BlackRock Institutional Trust Company N.A. acquired a new stake in shares of Grifols SA during the third quarter worth about $2,529,000. BlackRock Fund Advisors increased its stake in shares of Grifols SA by 1.9% in the third quarter. BlackRock Fund Advisors now owns 1,941,976 shares of the company’s stock worth $31,013,000 after buying an additional 36,176 shares during the last quarter. Finally, Gladstone Capital Management LLP increased its stake in shares of Grifols SA by 26.3% in the third quarter. Gladstone Capital Management LLP now owns 982,862 shares of the company’s stock worth $14,851,000 after buying an additional 204,702 shares during the last quarter. Institutional investors and hedge funds own 20.96% of the company’s stock.
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