Accident Compensation Corp Cuts Position in Quintiles Transitional Holdings Inc. (Q)

Accident Compensation Corp reduced its stake in shares of Quintiles Transitional Holdings Inc. (NYSE:Q) by 27.8% during the third quarter, Holdings Channel reports. The institutional investor owned 30,302 shares of the company’s stock after selling 11,661 shares during the period. Accident Compensation Corp’s holdings in Quintiles Transitional Holdings were worth $2,456,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Toronto Dominion Bank boosted its position in shares of Quintiles Transitional Holdings by 158.5% in the third quarter. Toronto Dominion Bank now owns 1,272 shares of the company’s stock valued at $103,000 after buying an additional 780 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in Quintiles Transitional Holdings by 36,400.0% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 1,825 shares of the company’s stock valued at $148,000 after buying an additional 1,820 shares during the last quarter. S&CO Inc. acquired a new stake in Quintiles Transitional Holdings during the third quarter valued at $243,000. Advisors Asset Management Inc. boosted its stake in Quintiles Transitional Holdings by 8.5% in the third quarter. Advisors Asset Management Inc. now owns 3,100 shares of the company’s stock valued at $251,000 after buying an additional 244 shares during the last quarter. Finally, Citizens Financial Group Inc RI boosted its stake in Quintiles Transitional Holdings by 53.1% in the third quarter. Citizens Financial Group Inc RI now owns 3,169 shares of the company’s stock valued at $257,000 after buying an additional 1,099 shares during the last quarter. 45.89% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Quintiles Transitional Holdings (NYSE:Q)

Quintiles Transitional Holdings Inc. (NYSE:Q) opened at 80.00 on Tuesday. The firm has a market cap of $19.69 billion, a price-to-earnings ratio of 24.60 and a beta of 0.68. The company’s 50-day moving average price is $77.08 and its 200-day moving average price is $77.01. Quintiles Transitional Holdings Inc. has a one year low of $60.06 and a one year high of $81.45.

This news story was published by sleekmoney and is the property of of sleekmoney. If you are viewing this news story on another site, it was stolen and reposted in violation of United States and international copyright and trademark legislation. The correct version of this news story can be accessed at http://sleekmoney.com/accident-compensation-corp-cuts-position-in-quintiles-transitional-holdings-inc-q/1659896.html.

Several equities research analysts recently weighed in on the company. Pacific Crest set a $82.00 target price on Quintiles Transitional Holdings and gave the stock a “buy” rating in a research note on Sunday, December 4th. Citigroup Inc. cut Quintiles Transitional Holdings from a “strong-buy” rating to a “market perform” rating in a research note on Thursday, December 1st. William Blair cut Quintiles Transitional Holdings from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 1st. Goldman Sachs Group, Inc. (The) cut Quintiles Transitional Holdings from a “buy” rating to a “neutral” rating and set a $83.00 target price for the company. in a research note on Friday, December 16th. Finally, Mizuho assumed coverage on Quintiles Transitional Holdings in a research note on Tuesday, December 13th. They set a “neutral” rating and a $90.00 target price for the company. Fifteen equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $81.88.

In other news, Director Jack M. Greenberg sold 2,000 shares of the firm’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $79.77, for a total value of $159,540.00. Following the completion of the sale, the director now owns 2,930 shares of the company’s stock, valued at $233,726.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 10.90% of the company’s stock.

Quintiles Transitional Holdings Company Profile

Quintiles IMS Holdings Inc, formerly Quintiles Transnational Holdings Inc, is a provider of biopharmaceutical development services and commercial outsourcing services. It is engaged in the development and commercialization of pharmaceutical therapies. Its segments include Product Development and Integrated Healthcare Services.

5 Day Chart for NYSE:Q

Want to see what other hedge funds are holding Q? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Quintiles Transitional Holdings Inc. (NYSE:Q).

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/accident-compensation-corp-cuts-position-in-quintiles-transitional-holdings-inc-q/1659896.html

Receive News & Ratings for Quintiles Transitional Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quintiles Transitional Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *