FNY Partners Fund LP purchased a new position in shares of Sanofi (NYSE:SNY) during the fourth quarter, Holdings Channel reports. The fund purchased 4,000 shares of the company’s stock, valued at approximately $162,000.
Several other hedge funds also recently made changes to their positions in the stock. Telos Capital Management Inc. boosted its stake in shares of Sanofi by 5.8% in the second quarter. Telos Capital Management Inc. now owns 33,418 shares of the company’s stock worth $1,399,000 after buying an additional 1,831 shares during the period. Coconut Grove Bank boosted its stake in Sanofi by 175.5% in the second quarter. Coconut Grove Bank now owns 11,069 shares of the company’s stock worth $463,000 after buying an additional 7,051 shares during the last quarter. Oxbow Advisors LLC acquired a new stake in Sanofi during the second quarter worth about $3,507,000. ProVise Management Group LLC boosted its stake in Sanofi by 1.5% in the second quarter. ProVise Management Group LLC now owns 43,630 shares of the company’s stock worth $1,826,000 after buying an additional 625 shares during the last quarter. Finally, World Asset Management Inc boosted its stake in Sanofi by 8.1% in the second quarter. World Asset Management Inc now owns 119,205 shares of the company’s stock worth $4,989,000 after buying an additional 8,882 shares during the last quarter. 9.73% of the stock is owned by institutional investors.
Shares of Sanofi (NYSE:SNY) traded down 0.30% during trading on Friday, hitting $42.57. 1,159,991 shares of the stock traded hands. Sanofi has a 52 week low of $36.81 and a 52 week high of $44.50. The firm has a market cap of $109.23 billion, a P/E ratio of 21.65 and a beta of 0.98. The company has a 50-day moving average of $40.57 and a 200-day moving average of $39.74.
Sanofi (NYSE:SNY) last posted its quarterly earnings data on Wednesday, February 8th. The company reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.01. The company had revenue of $8.88 billion for the quarter, compared to analyst estimates of $9.87 billion. Sanofi had a return on equity of 26.37% and a net margin of 13.66%. The firm’s quarterly revenue was down 4.3% on a year-over-year basis. On average, analysts forecast that Sanofi will post $3.05 EPS for the current fiscal year.
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A number of analysts recently issued reports on the company. Natixis raised Sanofi from a “neutral” rating to a “buy” rating in a research note on Thursday. Leerink Swann reissued an “outperform” rating on shares of Sanofi in a research note on Tuesday, January 10th. Zacks Investment Research cut Sanofi from a “buy” rating to a “hold” rating in a research note on Tuesday, February 7th. Goldman Sachs Group, Inc. (The) reissued a “hold” rating on shares of Sanofi in a research note on Sunday, January 8th. Finally, Morgan Stanley raised Sanofi from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 29th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $65.67.
Sanofi Company Profile
Sanofi SA, formerly Sanofi-Aventis, is a healthcare company engaged in the research, development, manufacture and marketing of therapeutic solutions. It operates through three segments: Pharmaceuticals, Human Vaccines (Vaccines) and Animal Health. The Pharmaceuticals segment consists of research, development, production and marketing of medicines, including those originating from Genzyme Corporation.
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