Economy

Teva Pharma to sell some women's health assets for $1.38 bln

Teva Pharma to sell some women's health assets for $1.38 bln”

Several other equities research analysts have also commented on TEVA.

Analysts await Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) to report earnings on November, 21. Paragon Capital Management LLC now owns 233,842 shares of the company's stock valued at $7,503,000 after acquiring an additional 74,938 shares during the period. After $-0.07 actual EPS reported by TrueCar Inc for the previous quarter, Wall Street now forecasts -28.57% EPS growth. Salem Investment Counselors Inc. now owns 8,332 shares of the company's stock valued at $267,000 after buying an additional 32 shares during the last quarter. Hudock Capital Group LLC raised its stake in shares of Teva Pharmaceutical Industries by 37.6% in the second quarter. 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. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) has declined 41.70% since September 18, 2016 and is downtrending. British Columbia Investment Management Corp now owns 111,905 shares of the company's stock valued at $3,591,000 after acquiring an additional 8,400 shares during the period. Sterneck Capital Management LLC boosted its stake in shares of Teva Pharmaceutical Industries Limited by 5.4% in the 2nd quarter. WFG Advisors LP now owns 29,784 shares of the company's stock valued at $989,000 after purchasing an additional 28,701 shares during the last quarter. BTIG Research downgraded Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) on Wednesday, November 16 to "Neutral" rating.

More notable recent Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) news were published by: Benzinga.com which released: "A Look At Teva's Paragard IUD Asset Sale To Cooper Companies, From Both Sides" on September 13, 2017, also Investorplace.com with their article: "Go Long Teva Pharmaceuticals Industries Ltd (ADR) (TEVA) Stock With Less ..." published on September 14, 2017, Investorplace.com published: "Battered Teva Pharmaceutical Industries Ltd (ADR) Stock Still Is Toxic" on August 29, 2017. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. $43.19's average target is 139.81% above currents $18.01 stock price.

On August 24, 2017 the stock rating was rated "Underperform" in a report from Credit Suisse a cut from the previous "Market Perform" rating. Finally, JFS Wealth Advisors LLC raised its stake in shares of Teva Pharmaceutical Industries by 139.0% in the third quarter. If you are accessing this article on another domain, it was illegally copied and reposted in violation of US & worldwide copyright & trademark law. The original version of this piece can be viewed at https://stocknewstimes.com/2017/09/18/teva-pharmaceutical-industries-limited-teva-sees-significant-growth-in-short-interest.html. Teva Pharmaceutical Industries Limited has a 52 week low of $15.22 and a 52 week high of $52.01. The company has market cap of $18.79 billion. The firm has a 50 day moving average of $19.00 and a 200 day moving average of $28.55. The stock of Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) has "Outperform" rating given on Thursday, July 14 by Oppenheimer. The company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.36 by $0.02. The company earned $6.25 billion during the quarter, compared to the consensus estimate of $6.26 billion. Teva Pharmaceutical Industries had a return on equity of 17.46% and a net margin of 1.50%. Teva Pharmaceutical Industries's revenue for the quarter was up 33.0% on a year-over-year basis. The dividend was $0.275 per share for the quarter or $1.10 on an annualized basis. It now has negative earnings.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. The company was downgraded on Friday, August 4 by Cowen & Co. Teva Pharmaceutical Industries Limited presently has an average rating of "Hold" and an average target price of $31.20.

Teva Pharmaceutical Industries Limited is a pharmaceutical company. Minneapolis Portfolio Management Group Llc bought 82,765 shares as the company's stock declined 15.11% while stock markets rallied. The Company operates through two segments: Generic medicines and Specialty medicines.



Like this

Latest


18 September 2017
Chris Gayle becomes first batsman to hit 100 sixes in T20I
Plunkett is in store of becoming the leading wicket-taker in one-day internationals and looks set to break the record this year. He achieved the glorious moment during the T20 global match between West Indies and England recently.

18 September 2017
Leucadia National Corporation (NYSE:LUK) Under Analyst Spotlight
Its down 0.05, from 0.97 in 2016Q3. 258.07 million shares or 2.43% more from 251.95 million shares in 2016Q3 were reported. Leucadia National Corporation ( NYSE:LUK ) opened at 23.03 on Wednesday. 96,887 were accumulated by Amp Investors Limited.

18 September 2017
Trump retweets altered clip of him hitting golf ball at Clinton
To top it all off, Trump retweeted a Bloomberg story where an analyst estimated the president was worth $2 billion to Twitter. Last month, the president retweeted an image of the "Trump Train" running over CNN.

18 September 2017
Richard Madeley sued for libel by notorious criminal Charles Bronson
While interviewing Bronson's 37-year-old fiancee, Paula Williamson , on the show the TV star claimed: "He keeps reoffending". In a statement, Good Morning Britain admitted its mistake and said it was was happy to make a clarification.

18 September 2017
Shining a Light on a Dark Subject
Families and friends of those who have lost loved ones walked to raise money for research on how to prevent suicide. The non-profit organization hosts the walks to help support those affected my mental health disorders and suicide.

18 September 2017
Instagram Tweaks The Sound Behavior Of Autoplaying Videos
Instagram will instead pick up from your previously watched videos to see if the audio needs to be turned on. Instagram Stories will however, still adhere to your device's settings, only playing sounds if it's unmated.

18 September 2017
Ford Mondeo gets £2500 price cut and a simplified range
Ford is reducing the cost of the Mondeo Vignale by £3,000, £2,500 on the Zetec and ST-Line and £2,000 on the Titanium Edition. The ST-Line Mondeo now starts from £22,945, while the ST-Line Edition costs upwards of £25,245.

18 September 2017
Northrop Grumman Corporation (NOC) Position Cut by Ameriprise Financial Inc
Following the completion of the sale, the chief financial officer now owns 17,998 shares in the company, valued at $4,116,502.56. LLC now owns 547 shares of the aerospace company's stock worth $130,000 after buying an additional 212 shares during the period.

18 September 2017
'KPMG's conduct an attempt to portray Sars as incompetent, corrupt'
It says it wants KPMG to account for what appears to be politically motivated and unethical conduct. In the last few minutes, the African National Congress has reacted to Monday's announcement.

18 September 2017
Scorpio Tankers Inc. (STNG) Analysts See $-0.05 EPS
Consequently Scorpio Tankers Inc (NYSE: STNG)'s weekly and monthly volatility is 4.94%, 5.43% respectively. The Firm operates in four divisions: Oklahoma Banking, Texas Banking, Kansas Banking and Other Operations.



Recommended