TPG Group Holdings SBS Advisors Inc. lessened its stake in Quintiles Transitional Holdings Inc. (NYSE:Q) by 12.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,935,608 shares of the medical research company’s stock after selling 5,154,936 shares during the quarter. Quintiles Transitional Holdings accounts for about 45.0% of TPG Group Holdings SBS Advisors Inc.’s investment portfolio, making the stock its biggest holding. TPG Group Holdings SBS Advisors Inc. owned about 17.06% of Quintiles Transitional Holdings worth $3,305,737,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in Q. ProShare Advisors LLC bought a new stake in shares of Quintiles Transitional Holdings in the first quarter valued at about $229,000. Russell Investments Group Ltd. boosted its position in shares of Quintiles Transitional Holdings by 15.7% during the first quarter. Russell Investments Group Ltd. now owns 50,658 shares of the medical research company’s stock worth $4,080,000 after buying an additional 6,865 shares during the period. American Century Companies Inc. grew its holdings in shares of Quintiles Transitional Holdings by 1.1% during the first quarter. American Century Companies Inc. now owns 11,719 shares of the medical research company’s stock worth $944,000 after buying an additional 128 shares in the last quarter. UBS Asset Management Americas Inc. grew its holdings in shares of Quintiles Transitional Holdings by 4.7% during the first quarter. UBS Asset Management Americas Inc. now owns 400,657 shares of the medical research company’s stock worth $32,265,000 after buying an additional 18,040 shares in the last quarter. Finally, Pacer Advisors Inc. grew its holdings in shares of Quintiles Transitional Holdings by 3.2% during the first quarter. Pacer Advisors Inc. now owns 3,738 shares of the medical research company’s stock worth $301,000 after buying an additional 116 shares in the last quarter. Institutional investors own 93.21% of the company’s stock.

Quintiles Transitional Holdings Inc. (NYSE Q) traded down 0.03% during mid-day trading on Tuesday, hitting $94.97. 242,959 shares of the stock were exchanged. The company has a market capitalization of $20.56 billion, a PE ratio of 275.28 and a beta of 0.62. Quintiles Transitional Holdings Inc. has a 52 week low of $70.10 and a 52 week high of $99.95. The stock’s 50-day moving average is $94.94 and its 200 day moving average is $87.85.

Quintiles Transitional Holdings (NYSE:Q) last posted its quarterly earnings data on Thursday, August 3rd. The medical research company reported $1.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.04. The business had revenue of $1.97 billion for the quarter, compared to analysts’ expectations of $1.96 billion. Quintiles Transitional Holdings had a return on equity of 14.23% and a net margin of 0.82%. The business’s revenue was up 68.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 earnings per share. On average, analysts anticipate that Quintiles Transitional Holdings Inc. will post $4.58 EPS for the current year.

In other Quintiles Transitional Holdings news, insider James H. Erlinger III sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $94.52, for a total value of $945,200.00. Following the sale, the insider now directly owns 27,340 shares in the company, valued at $2,584,176.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Connaughton sold 1,030,429 shares of the business’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $94.87, for a total value of $97,756,799.23. The disclosure for this sale can be found here. Insiders have sold a total of 14,152,302 shares of company stock worth $1,357,460,922 over the last quarter. Company insiders own 6.40% of the company’s stock.

A number of research analysts recently weighed in on the stock. Barclays PLC reaffirmed an “overweight” rating and issued a $98.00 target price (up previously from $90.00) on shares of Quintiles Transitional Holdings in a research report on Monday, July 17th. William Blair raised shares of Quintiles Transitional Holdings from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $70.10 to $93.42 in a research report on Friday, August 4th. Jefferies Group LLC reissued a “hold” rating and set a $94.00 price target on shares of Quintiles Transitional Holdings in a research report on Friday, August 4th. Citigroup Inc. increased their price objective on shares of Quintiles Transitional Holdings from $96.00 to $97.00 and gave the stock a “neutral” rating in a research note on Monday, August 7th. Finally, Royal Bank Of Canada began coverage on shares of Quintiles Transitional Holdings in a research note on Tuesday, September 19th. They set an “outperform” rating and a $116.00 price objective for the company. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $92.84.

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About Quintiles Transitional Holdings

Quintiles IMS Holdings, Inc, formerly Quintiles Transnational Holdings Inc, provides integrated information and technology-enabled healthcare services. The Company operates through segments, including Commercial Solutions; Research & Development Solutions, and Integrated Engagement Services. The Commercial Solutions segment offerings include national information offerings, sub-national information offerings, technology solutions, and workflow analytics and consulting services.

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Institutional Ownership by Quarter for Quintiles Transitional Holdings (NYSE:Q)

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