Quintiles Transitional Holdings Inc. (NYSE:Q) Director Jack M. Greenberg sold 2,000 shares of Quintiles Transitional Holdings stock in a transaction on Monday, November 21st. The shares were sold at an average price of $79.77, for a total transaction of $159,540.00. Following the completion of the sale, the director now owns 2,930 shares in the company, valued at $233,726.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Quintiles Transitional Holdings Inc. (NYSE:Q) opened at 79.87 on Thursday. The stock has a market capitalization of $19.66 billion, a PE ratio of 24.56 and a beta of 0.66. Quintiles Transitional Holdings Inc. has a 52-week low of $55.01 and a 52-week high of $81.45. The firm has a 50-day moving average of $76.12 and a 200 day moving average of $73.14.

Quintiles Transitional Holdings (NYSE:Q) last issued its earnings results on Wednesday, November 2nd. The company reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.01. The business earned $1.14 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Quintiles Transitional Holdings had a net margin of 6.55% and a negative return on equity of 212.51%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.94 earnings per share. Equities research analysts forecast that Quintiles Transitional Holdings Inc. will post $3.90 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Quintiles Transitional Holdings (NYSE:Q)

Several large investors have recently modified their holdings of Q. Jackson Square Partners LLC boosted its stake in shares of Quintiles Transitional Holdings by 949.2% in the third quarter. Jackson Square Partners LLC now owns 3,972,481 shares of the company’s stock worth $322,009,000 after buying an additional 3,593,853 shares during the period. Harris Associates L P purchased a new stake in Quintiles Transitional Holdings during the second quarter valued at about $216,159,000. Brahman Capital Corp. purchased a new stake in Quintiles Transitional Holdings during the second quarter valued at about $208,797,000. Janus Capital Management LLC boosted its stake in Quintiles Transitional Holdings by 435.8% in the second quarter. Janus Capital Management LLC now owns 3,324,138 shares of the company’s stock valued at $217,132,000 after buying an additional 2,703,702 shares during the last quarter. Finally, Highline Capital Management L.P. purchased a new stake in Quintiles Transitional Holdings during the third quarter valued at about $107,785,000. Institutional investors and hedge funds own 42.58% of the company’s stock.

A number of brokerages have issued reports on Q. Goldman Sachs Group Inc. upgraded shares of Quintiles Transitional Holdings from a “not rated” rating to a “buy” rating and set a $94.00 price target on the stock in a report on Wednesday, October 5th. Piper Jaffray Cos. downgraded shares of Quintiles Transitional Holdings from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $75.00 to $72.00 in a report on Thursday, October 27th. Zacks Investment Research downgraded shares of Quintiles Transitional Holdings from a “buy” rating to a “hold” rating in a report on Saturday, August 6th. Deutsche Bank AG boosted their target price on shares of Quintiles Transitional Holdings from $71.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, July 28th. Finally, Citigroup Inc. boosted their target price on shares of Quintiles Transitional Holdings from $72.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, July 28th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Quintiles Transitional Holdings has a consensus rating of “Buy” and an average price target of $81.07.

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About Quintiles Transitional Holdings

Quintiles Transnational Holdings Inc is a provider of biopharmaceutical development services and commercial outsourcing services. The Company is engaged in the development and commercialization of pharmaceutical therapies. The Company’s segments include Product Development and Integrated Healthcare Services.

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