Eli Lilly and Company (NYSE:LLY) SVP Jeffrey N. Simmons sold 12,500 shares of the company’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $86.46, for a total value of $1,080,750.00. Following the transaction, the senior vice president now directly owns 124,522 shares in the company, valued at approximately $10,766,172.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Eli Lilly and Company (LLY) traded down $1.39 during trading hours on Thursday, reaching $86.50. The company’s stock had a trading volume of 4,364,272 shares, compared to its average volume of 3,686,396. Eli Lilly and Company has a 1 year low of $69.66 and a 1 year high of $89.09. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $95,475.95, a price-to-earnings ratio of 21.20, a price-to-earnings-growth ratio of 1.77 and a beta of 0.35.

Eli Lilly and (NYSE:LLY) last released its earnings results on Tuesday, October 24th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.02. Eli Lilly and had a return on equity of 30.27% and a net margin of 9.90%. The firm had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.52 billion. During the same quarter in the prior year, the firm posted $0.88 earnings per share. The company’s quarterly revenue was up 9.0% on a year-over-year basis. sell-side analysts expect that Eli Lilly and Company will post 4.21 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Thursday, February 15th will be paid a $0.5625 dividend. This is a positive change from Eli Lilly and’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $2.25 annualized dividend and a yield of 2.60%. Eli Lilly and’s dividend payout ratio is presently 98.58%.

LLY has been the topic of several research reports. BMO Capital Markets reaffirmed a “sell” rating and set a $73.00 price target on shares of Eli Lilly and in a research note on Wednesday, August 16th. BidaskClub lowered Eli Lilly and from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd. Jefferies Group reaffirmed a “buy” rating and set a $89.00 price target (down previously from $94.00) on shares of Eli Lilly and in a research note on Thursday, August 24th. Leerink Swann reaffirmed a “hold” rating on shares of Eli Lilly and in a research note on Thursday, August 31st. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $103.00 price target on shares of Eli Lilly and in a research note on Thursday, August 31st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company’s stock. Eli Lilly and presently has a consensus rating of “Hold” and an average target price of $90.25.

A number of large investors have recently added to or reduced their stakes in LLY. Acrospire Investment Management LLC raised its position in shares of Eli Lilly and by 16.7% during the second quarter. Acrospire Investment Management LLC now owns 1,399 shares of the company’s stock worth $115,000 after purchasing an additional 200 shares during the period. MPS Loria Financial Planners LLC acquired a new stake in shares of Eli Lilly and during the second quarter worth about $128,000. San Francisco Sentry Investment Group CA acquired a new stake in shares of Eli Lilly and during the second quarter worth about $129,000. Willingdon Wealth Management acquired a new stake in shares of Eli Lilly and during the third quarter worth about $138,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Eli Lilly and during the third quarter worth about $142,000. 76.42% of the stock is currently owned by hedge funds and other institutional investors.

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About Eli Lilly and

Eli Lilly and Company is engaged in drug manufacturing business. The Company discovers, develops, manufactures and markets products in two segments: human pharmaceutical products and animal health products. The Company’s human pharmaceutical business segment sells medicines, which are discovered or developed by its scientists.

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