Economy

Teva Pharmaceutical Industries Limited (TEVA) Upgraded to Sell by BidaskClub

Bronfman E.L. Rothschild L.P. now owns 3,711 shares of the company's stock valued at $123,000 after buying an additional 94 shares during the last quarter.

Want to see what other hedge funds are holding TEVA? Capital Research Global Investors boosted its stake in shares of Teva Pharmaceutical Industries Limited by 13.8% during the second quarter. Capital Research Global Investors now owns 76,325,059 shares of the company's stock valued at $2,535,518,000 after purchasing an additional 9,260,426 shares during the period.

ILLEGAL ACTIVITY NOTICE: "Teva Pharmaceutical Industries Limited (NYSE:TEVA) Earning Somewhat Positive News Coverage, Accern Reports" was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. Teva Pharmaceutical Industries Limited's payout ratio is -15.36%. Security National Bank of Sioux City Iowa IA lifted its position in shares of Teva Pharmaceutical Industries Limited by 0.4% during the 2nd quarter. Alliancebernstein L.P. now owns 11,399,400 shares of the company's stock valued at $378,688,000 after purchasing an additional 2,782,257 shares during the period. 4,114,947 shares of the company's stock traded hands. (NASDAQ:HAS), its shares were trading at $94.92 a retreat of $-0.88, on the trading floor. Teva Pharma has $86 highest and $14 lowest target. The stock has a 50 day moving average of $20.60 and a 200 day moving average of $28.94. The company's market capitalization is $19.64 billion. Barclays Capital maintained Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) on Monday, August 7 with "Equal-Weight" rating. The company reported $1.38 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.36 by $0.02. The business had revenue of $5.69 billion during the quarter, compared to analysts' expectations of $5.72 billion. Teva Pharmaceutical Industries Limited had a negative net margin of 25.18% and a positive return on equity of 15.96%. Teva Pharmaceutical Industries Limited's revenue for the quarter was up 12.9% on a year-over-year basis. Equities analysts anticipate that Teva Pharmaceutical Industries Limited will post $4.32 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. The rating was downgraded by Susquehanna on Tuesday, September 6 to "Neutral". This represents a $0.34 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Tuesday, February 28th.

A number of research firms recently issued reports on TEVA. Cantor Fitzgerald set a $31.00 target price on Teva Pharmaceutical Industries Limited and gave the stock a "hold" rating in a research note on Thursday, June 22nd. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) has declined 41.70% since September 13, 2016 and is downtrending.

In a research report revealed to clients earlier today, BTIG Research raised Teva Pharmaceutical Industries Limited American Depositary Shares (NYSE:TEVA) shares to a solid "Buy" rating from their previous "Neutral" rating and they now have a $24 target on shares.

Shares of Teva Pharmaceutical Industries Limited (NYSE TEVA) opened at 19.33 on Wednesday. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and sixteen have assigned a buy rating to the company's stock. If you are viewing this piece on another publication, it was illegally copied and republished in violation of worldwide copyright law. The correct version of this report can be read at https://stocknewstimes.com/2017/09/13/teva-pharmaceutical-industries-limited-teva-shares-bought-by-schroder-investment-management-group.html.

According to the Complaint, throughout the Class Period, Teva made false and/or misleading statements and/or failed to disclose that the poor performance of its US generics business resulted in recording a goodwill impairment charge related to the acquisition of Actavis Generics and was a key factor in cutting the Company's dividend by 75%. The Company is engaged in developing, producing and marketing generic medicines and a portfolio of specialty medicines.



Like this

loading...
loading...

Latest


14 September 2017
Amtech Systems, Inc. (NASDAQ:ASYS) Sees Significantly Higher Trading Volume
Aew Capital Management LP decreased Cubesmart (NYSE:CUBE) stake by 79,050 shares to 3.56M valued at $95.25 million in 2016Q4. Renaissance Technologies LLC increased its position in shares of Amtech Systems by 6.6% in the 1st quarter. (NASDAQ:ASYS).

14 September 2017
FY2017 Earnings Estimate for Urban Outfitters, Inc. (URBN) Issued By Wedbush
Vishay Intertechnology, Inc. (NYSE:VSH) has a market cap of $2.64 billion and over the last 12 months, VSH has risen by 31%. Meeder Asset Management Inc. boosted its holdings in Urban Outfitters by 0.6% in the second quarter.

14 September 2017
Herrera omission for Champions League tie underlines United strength in depth
Now I'm going to leave the match for a while and then watch the replay to see if there's anything that I could have done better. We are not going to say that Pogba is "one more player" on the squad, because he isn't.

14 September 2017
Myanmar envoy blames Rohingya insurgents for violence in Rakhine state
A group of people today took out a protest march here and condemned the violence against Rohingya Muslims in Myanmar. Dubai's ruler is sending a Boeing 747 cargo plane loaded with tents to shelter Rohingya refugees in Bangladesh.

14 September 2017
Jefferies Group LLC Analysts Give ConocoPhillips (NYSE:COP) a $54.00 Price Target
There were 107 sold out positions, amounting to 3.22 million shares. 60 funds opened positions while 171 raised stakes. The stock of Newmont Mining Corp (NYSE:NEM) earned "Hold" rating by Standpoint Research on Friday, March 18.

14 September 2017
Uncharted / The Last of Us creator leaves Naughty Dog
After 18 years with the company, longtime game director and artist Bruce Straley is leaving Naughty Dog. "Naughty Dog is home". And through it all, I'm even more fortunate to be able to count him as a friend".

14 September 2017
Caribbean residents struggling with damage after Irma
Ms Elliott, who was away from the island when the storm hit, says her family have been "engulfed by collapsed jungle". For those wanting to get out or offer a way out there is a website which they can register to aid in their quest.

14 September 2017
LSU basketball to make 18 SEC television appearances
LSU will open the SEC schedule against Kentucky at home on January 3 and now the Tigers know when that game will tip off. The SEC Network will televise 69 games, ESPN or ESPN2 will televise 40 contests, ESPNU 11 and CBS Sports six.

14 September 2017
Cardinals coach: David Johnson 'possibly' back between Thanksgiving and Christmas
Johnson, who was placed on the injured reserve Tuesday, suffered the injury during the Cardinals 35-23 loss to Detroit Sunday. Although the Cardinals didn't say anything about the surgery, placing him on IR would seem to confirm the report.

14 September 2017
Suit: Loose Lid on 'Extra Hot' Tea Killed Starbucks Customer's Dog
As Salas-Solano allegedly cried out in pain, she says her dog Alexander jumped on to her lap, causing her to spill tea on him too. In the video, it's hard to tell if Salas-Solano grabs the cup by the hot sleeve or by the lid when she accidentally spilled it.