Astrazeneca PLC (AZN) Holdings Maintained by Yorktown Management & Research Co Inc
Yorktown Management & Research Co Inc continued to hold its position in shares of Astrazeneca PLC (NYSE:AZN) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,000 shares of the company’s stock at the end of the second quarter. Yorktown Management & Research Co Inc’s holdings in Astrazeneca PLC were worth $341,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new position in shares of Astrazeneca PLC during the second quarter worth about $105,000. Salem Investment Counselors Inc. acquired a new position in shares of Astrazeneca PLC during the first quarter worth about $107,000. Tower Research Capital LLC TRC boosted its position in shares of Astrazeneca PLC by 3,782.0% during the first quarter. Tower Research Capital LLC TRC now owns 3,882 shares of the company’s stock worth $121,000 after buying an additional 3,782 shares during the period. Parallel Advisors LLC boosted its position in shares of Astrazeneca PLC by 27.1% during the first quarter. Parallel Advisors LLC now owns 4,526 shares of the company’s stock worth $138,000 after buying an additional 964 shares during the period. Finally, Bronfman E.L. Rothschild L.P. boosted its position in shares of Astrazeneca PLC by 71.2% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,252 shares of the company’s stock worth $145,000 after buying an additional 1,769 shares during the period. 14.18% of the stock is owned by institutional investors.
Shares of Astrazeneca PLC (AZN) traded down 0.28% during midday trading on Friday, hitting $32.53. The company’s stock had a trading volume of 3,100,668 shares. The firm has a market cap of $82.37 billion, a P/E ratio of 21.34 and a beta of 0.74. The stock’s 50 day moving average is $30.20 and its 200-day moving average is $31.74. Astrazeneca PLC has a 52-week low of $25.55 and a 52-week high of $35.60.
Astrazeneca PLC (NYSE:AZN) last posted its quarterly earnings results on Thursday, July 27th. The company reported $0.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.46. Astrazeneca PLC had a return on equity of 35.90% and a net margin of 17.80%. The company had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.04 billion. During the same period last year, the business earned $0.83 EPS. The business’s quarterly revenue was down 9.9% on a year-over-year basis. Equities analysts predict that Astrazeneca PLC will post $1.90 EPS for the current fiscal year.
The business also recently disclosed a None dividend, which was paid on Monday, September 11th. Investors of record on Friday, August 11th were paid a $0.44 dividend. This represents a dividend yield of 2.98%. The ex-dividend date was Wednesday, August 9th. Astrazeneca PLC’s payout ratio is 44.92%.
Several research firms have recently weighed in on AZN. Piper Jaffray Companies reaffirmed a “buy” rating on shares of Astrazeneca PLC in a research report on Wednesday, August 9th. BidaskClub cut Astrazeneca PLC from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. BMO Capital Markets assumed coverage on Astrazeneca PLC in a report on Wednesday, September 6th. They set an “outperform” rating and a $38.00 target price on the stock. Cowen and Company reiterated a “hold” rating and set a $34.00 target price on shares of Astrazeneca PLC in a report on Friday, July 28th. Finally, Morgan Stanley lowered Astrazeneca PLC from an “overweight” rating to an “equal weight” rating in a report on Friday, July 28th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Astrazeneca PLC has an average rating of “Hold” and a consensus target price of $33.60.
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About Astrazeneca PLC
AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. The Company focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience.
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