Rothschild Asset Management Inc. grew its holdings in shares of INC Research Holdings, Inc. (NASDAQ:INCR) by 29.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 635,256 shares of the company’s stock after acquiring an additional 144,105 shares during the quarter. Rothschild Asset Management Inc. owned about 0.61% of INC Research Holdings worth $33,224,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Pacer Advisors Inc. bought a new stake in shares of INC Research Holdings during the 3rd quarter valued at about $958,000. Thompson Siegel & Walmsley LLC purchased a new position in shares of INC Research Holdings during the 3rd quarter valued at about $15,447,000. LaSalle Street Capital Management LLC raised its holdings in shares of INC Research Holdings by 47.6% during the 3rd quarter. LaSalle Street Capital Management LLC now owns 11,151 shares of the company’s stock valued at $583,000 after buying an additional 3,594 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of INC Research Holdings during the 3rd quarter valued at about $956,000. Finally, Comerica Bank raised its holdings in shares of INC Research Holdings by 3.1% during the 3rd quarter. Comerica Bank now owns 43,790 shares of the company’s stock valued at $2,483,000 after buying an additional 1,331 shares in the last quarter. Hedge funds and other institutional investors own 78.78% of the company’s stock.

In other INC Research Holdings news, CFO Gregory S. Rush sold 41,420 shares of INC Research Holdings stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $58.26, for a total value of $2,413,129.20. Following the transaction, the chief financial officer now directly owns 42,793 shares of the company’s stock, valued at approximately $2,493,120.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Gregory S. Rush sold 88,739 shares of INC Research Holdings stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $58.99, for a total value of $5,234,713.61. Following the completion of the transaction, the chief financial officer now directly owns 149,301 shares in the company, valued at $8,807,265.99. The disclosure for this sale can be found here. Insiders sold a total of 189,493 shares of company stock worth $11,059,514 over the last ninety days. Insiders own 0.24% of the company’s stock.

A number of equities analysts recently weighed in on INCR shares. KeyCorp reissued a “market perform” rating and set a $46.00 price objective (down from $68.00) on shares of INC Research Holdings in a report on Monday, November 13th. Robert W. Baird cut INC Research Holdings to an “outperform” rating and decreased their price objective for the company from $67.00 to $46.00 in a report on Friday, November 10th. Zacks Investment Research cut INC Research Holdings from a “hold” rating to a “strong sell” rating in a report on Thursday, November 16th. Jefferies Group LLC reissued a “buy” rating and set a $55.00 price objective on shares of INC Research Holdings in a report on Friday, November 10th. Finally, TheStreet raised INC Research Holdings from a “c” rating to a “b-” rating in a report on Monday, November 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $56.33.

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Shares of INC Research Holdings, Inc. (NASDAQ:INCR) traded down $0.55 during trading on Tuesday, reaching $37.20. The company’s stock had a trading volume of 1,608,200 shares, compared to its average volume of 911,703. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.99. The stock has a market cap of $3,940.00 and a PE ratio of 17.32. INC Research Holdings, Inc. has a 1-year low of $33.60 and a 1-year high of $61.10.

INC Research Holdings (NASDAQ:INCR) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.54 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.09). The company had revenue of $592.21 million during the quarter, compared to analysts’ expectations of $604.95 million. INC Research Holdings had a positive return on equity of 14.42% and a negative net margin of 4.29%. INC Research Holdings’s revenue for the quarter was up 128.2% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. sell-side analysts forecast that INC Research Holdings, Inc. will post 2.15 earnings per share for the current year.

INC Research Holdings Company Profile

INC Research Holdings, Inc is a global contract research organization (CRO). The Company focuses on Phase I to Phase IV clinical development services for the biopharmaceutical and medical device industries. The Company operates through two segments: Clinical Development Services and Phase I Services.

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Institutional Ownership by Quarter for INC Research Holdings (NASDAQ:INCR)

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