Parametric Portfolio Associates LLC Has $13.81 Million Position in Grifols, S.A. (GRFS)
Parametric Portfolio Associates LLC increased its stake in shares of Grifols, S.A. (NASDAQ:GRFS) by 1.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 653,327 shares of the biotechnology company’s stock after purchasing an additional 9,631 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in Grifols, were worth $13,805,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of GRFS. Quantbot Technologies LP lifted its stake in shares of Grifols, by 86.8% during the 1st quarter. Quantbot Technologies LP now owns 8,122 shares of the biotechnology company’s stock worth $153,000 after purchasing an additional 3,774 shares during the last quarter. Stifel Financial Corp increased its position in Grifols, by 4.3% during the 1st quarter. Stifel Financial Corp now owns 11,630 shares of the biotechnology company’s stock valued at $226,000 after buying an additional 476 shares in the last quarter. Stevens Capital Management LP acquired a new position in Grifols, during the 2nd quarter valued at about $236,000. Advisor Group Inc. increased its position in Grifols, by 2.8% during the 2nd quarter. Advisor Group Inc. now owns 11,471 shares of the biotechnology company’s stock valued at $242,000 after buying an additional 309 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Grifols, by 16.1% during the 1st quarter. Ameriprise Financial Inc. now owns 13,277 shares of the biotechnology company’s stock valued at $251,000 after buying an additional 1,839 shares in the last quarter. Hedge funds and other institutional investors own 21.93% of the company’s stock.
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Grifols, S.A. (NASDAQ:GRFS) opened at 21.12 on Monday. Grifols, S.A. has a 12 month low of $14.27 and a 12 month high of $22.83. The firm has a market capitalization of $28.86 billion, a price-to-earnings ratio of 42.97 and a beta of 0.98. The company’s 50-day moving average price is $20.93 and its 200 day moving average price is $20.69.
GRFS has been the topic of several recent analyst reports. BidaskClub raised Grifols, from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Goldman Sachs Group, Inc. (The) lowered Grifols, from a “buy” rating to a “neutral” rating in a research report on Friday, June 30th. Bank of America Corporation reaffirmed a “buy” rating on shares of Grifols, in a research report on Tuesday, July 4th. Finally, Zacks Investment Research raised Grifols, from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Grifols, has a consensus rating of “Hold” and a consensus target price of $24.00.
Grifols, SA, a specialty pharmaceutical company, develops, manufactures, and distributes biological medicines on plasma derived proteins in the United States, Canada, Spain, rest of the European Union, and internationally. The company specializes in providing infusion solutions, nutrition products, and medical devices for use in hospitals and clinics.
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