Economy

Perrigo Company (PRGO) EVP Thomas Farrington Sells 616 Shares

Also, EVP Sharon Kochan sold 1,500 shares of the business's stock in a transaction on Thursday, August 31st. The Middleton & Co Inc holds 4,375 shares with $364,000 value, down from 13,327 last quarter. Perrigo Co Plc now has $12.13B valuation. Increased volatility and interest from bargain investors have put the stock on a number of investor's watchlists of late. About 1.45 million shares traded.

In recent trading day Perrigo Company plc (PRGO) stock showed the move of 2.75% with the closing price of $85.07. It has underperformed by 39.70% the S&P500. The institutional investor held 15,989 shares of the major pharmaceuticals company at the end of 2016Q4, valued at $1.33M, down from 46,972 at the end of the previous reported quarter. Advantus Capital Management Inc now owns 14,299 shares of the company's stock valued at $949,000 after acquiring an additional 86 shares during the last quarter. The Starboard Value Lp holds 9.51M shares with $791.22 million value, up from 5.90 million last quarter.

As of quarter end Baird Financial Group, Inc. had sold 13,851 shares trimming its holdings by 17.7%. About 866,518 shares traded. CECO Environmental Corp. (NASDAQ:CECE) has risen 22.53% since September 10, 2016 and is uptrending. It has outperformed by 19.11% the S&P500. Sivik Global Healthcare LLC claims 45,000 shares with a value of $3,398,000. It also upped Fortive Corp stake by 101,768 shares and now owns 1.61M shares. Wal (NYSE:WMT) was raised too.

Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.06, from 0.82 in 2016Q3. The shares were sold at an average price of $76.90, for a total transaction of $47,370.40.

These funds have shifted positions in (PRGO). Ontario Teachers Pension Plan Board invested in 0.49% or 555,000 shares. 294 are held by Fifth Third Bancorp. Jefferies maintained Perrigo Company plc Ordinary Shares (NYSE:PRGO) on Monday, January 23 with "Hold" rating. Culbertson A N And Communication reported 49,253 shares stake. Bbva Compass Bank & Trust Incorporated reported 24,932 shares. Perrigo Company plc (NYSE:PRGO) is trading 33.59% away from the stock's 52-week low and -14.19% off of the 52-week high. Factory Mutual Communication holds 0.08% or 74,496 shares. Wells Fargo & Company restated a market perform rating and set a $77.00 price objective on shares of Perrigo in a research report on Tuesday, August 15th.

Among 19 analysts covering Perrigo Company Plc (NYSE:PRGO), 7 have Buy rating, 1 Sell and 11 Hold. The stock rose 0.62% or $0.22 reaching $35.54. BB&T Securities LLC grew its position in Perrigo by 0.4% during the second quarter. Moreover, Blue Fin Capital Inc. has 3.68% invested in the company for 35,603 shares. Tradewinds Cap Management Ltd Company has 25 shares for 0% of their portfolio. 9,000 were accumulated by Louisiana State Employees Retirement.

Oppenheimer issued its first research report on the stock setting a rating of "Outperform". Therefore 50% are positive. CECO Environ. had 12 analyst reports since August 7, 2015 according to SRatingsIntel. On Wednesday, June 21 the stock rating was downgraded by Seaport Global to "Neutral".

Want to see what other hedge funds are holding PRGO? The firm has "Buy" rating given on Tuesday, November 3 by Evercore. Stifel Nicolaus maintained Perrigo Company plc Ordinary Shares (NYSE:PRGO) rating on Thursday, August 10. The stock has "Buy" rating by Argus Research on Thursday, April 27. The rating was maintained by Jefferies on Wednesday, July 29 with "Buy". On Tuesday, April 26 the stock rating was maintained by JP Morgan with "Neutral". The current consensus recommendation provided by covering analysts is 2.70. Therefore 37% are positive. Central Pacific Financial Corp. had 7 analyst reports since August 10, 2015 according to SRatingsIntel. Morgan Stanley has "Equal-Weight" rating and $43 target. Evercore initiated the shares of RSPP in report on Friday, October 2 with "Buy" rating. Breithorn Capital Management who had been investing in Perrigo Co Plc for a number of months, seems to be bullish on the $11.81B market cap company. Goldman Sachs has "Sell" rating and $124 target. Williams Capital Group maintained RSP Permian Inc (NYSE:RSPP) on Tuesday, August 8 with "Buy" rating. The firm earned "Buy" rating on Friday, October 23 by Deutsche Bank.

Investors sentiment increased to 0.88 in Q4 2016. 538.67 million shares or 0.04% more from 538.45 million shares in 2016Q3 were reported. 112 funds opened positions while 441 raised stakes. Stockholders of record on Friday, August 25th will be given a $0.16 dividend. 10,215 are owned by Comerica State Bank. Caxton Associate Ltd Partnership has invested 0.06% in RSP Permian Inc (NYSE:RSPP). Capstone Advsrs Limited Liability Corp invested in 0.11% or 41,500 shares. Hartford Inv holds 0.55% in McDonald's Corporation (NYSE:MCD) or 240,705 shares. Intact Invest Management has 4,100 shares for 0.01% of their portfolio. Discovery Cap Mngmt Limited Liability Corporation Ct holds 1.75 million shares. Martin And Tn has invested 0.49% in CECO Environmental Corp. Tcw Gp has 32,094 shares. The company reported $1.22 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.94 by $0.28.

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