West Family Investments Inc. purchased a new stake in shares of Merck KGaA (OTCMKTS:MKGAF – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,703 shares of the company’s stock, valued at approximately $1,632,000. Merck KGaA makes up 0.5% of West Family Investments Inc.’s investment portfolio, making the stock its 29th biggest position.
Several other institutional investors have also recently bought and sold shares of the business. Danske Bank A S bought a new position in shares of Merck KGaA in the second quarter valued at $276,535,000. Great Lakes Advisors LLC bought a new stake in shares of Merck KGaA during the second quarter worth about $183,444,000. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Merck KGaA in the 2nd quarter worth about $25,541,000. NewEdge Wealth LLC acquired a new stake in shares of Merck KGaA in the 2nd quarter worth about $8,340,000. Finally, Diversify Advisory Services LLC bought a new position in Merck KGaA in the 2nd quarter valued at about $3,810,000. Institutional investors and hedge funds own 0.10% of the company’s stock.
Merck KGaA Price Performance
MKGAF stock opened at $167.38 on Thursday. The company has a market capitalization of $21.63 billion, a P/E ratio of 25.55 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31. Merck KGaA has a 52-week low of $116.68 and a 52-week high of $175.56. The business has a 50-day simple moving average of $162.50 and a two-hundred day simple moving average of $148.28.
Merck KGaA Company Profile
Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.
The company’s operations are organized mainly into three businesses.
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