Financial Review of AmerisourceBergen Corporation (Holding Co) (NYSE

CS Mckee LP cut its stake in AmerisourceBergen Corporation (Holding Co) (NYSE:ABC) by 2.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The company is now up since yesterday's close of 78.35.

Investors are more bearish on AmerisourceBergen Corporation lately as indicated by the uptick in short interest.

A number of other large investors also recently made changes to their positions in ABC. Parallel Advisors LLC increased its position in shares of AmerisourceBergen Corporation (Holding Co) by 3.2% during the 2nd quarter. The company was upgraded on Thursday, January 12 by Bank of America. Parametric Portfolio Associates LLC boosted its position in shares of AmerisourceBergen Corporation (Holding Co) by 123.4% during the second quarter. The firm purchased 18,408 shares of the company's stock, valued at approximately $1,740,000. RBC Capital Markets maintained AmerisourceBergen Corp. Over the past week, shares are -4.02%.

In terms of performance, we can pore into the stats for AmerisourceBergen Corporation (NYSE:ABC).

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.5 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & worldwide trademark and copyright legislation. Savant Capital LLC now owns 4,846 shares of the company's stock worth $458,000 after buying an additional 40 shares in the last quarter.

9/14/2017-Morgan Stanley was Downgraded by analysts at Morgan Stanley from a "Overweight " rating to a " Equal Weight" rating.

05/06/2016 - AmerisourceBergen Corporation (Holding Co) had its "outperform" rating reiterated by analysts at RBC Capital. (NYSE:ABC) has "Equal-Weight" rating given on Thursday, September 14 by Morgan Stanley. Zacks Investment Research lowered AmerisourceBergen Corporation (Holding Co) from a "hold" rating to a "sell" rating in a research report on Tuesday, October 3rd. AmerisourceBergen Corporation (Holding Co) presently has an average rating of "Hold" and a consensus price target of $91.95.

On 7/3/2017 Steven H Collis, Chairman, sold 15,000 with an average share price of $94.76 per share and the total transaction amounting to $1,421,400.00. The stock was sold at an average price of $79.47, for a total value of $921,852.00. The stock declined 0.20% or $0.13 reaching $64.37 on the news. The shares were sold at an average price of $80.94, for a total value of $103,036.62. The disclosure for this sale can be found here. Capital Limited Limited Liability Company owns 17 shares or 0% of their United States portfolio.

AmerisourceBergen Corporation (NYSE ABC) opened at 79.55 on Wednesday.

The 20-day Simple Moving average for AmerisourceBergen Corporation NYSE is measured to be -2.59% in conjunction with the 200-Day Simple Moving Average of -8.44%. Omers Administration Corp who had been investing in Amerisourcebergen Corp for a number of months, seems to be less bullish one the $17.17B market cap company.

On 11/10/2016 AmerisourceBergen Corporation (Holding Co) announced a quarterly dividend of $0.37 1.85% with an ex dividend date of 11/17/2016 which will be payable on 12/5/2016. SRS Capital Advisors Inc. lifted its stake in shares of AmerisourceBergen Corporation (Holding Co) by 0.3% in the first quarter. Analysts expect next quarter's EPS will be $1.39 and the next full year EPS is anticipated to be $6.00.

Now the return on equity is 36.60% and its debt to equity is 1.48. The company's revenue for the quarter was up 4.9% on a year-over-year basis.

AmerisourceBergen Corporation, launched on March 16, 2001, is a pharmaceutical sourcing and distribution services company. The institutional investor held 1.50 million shares of the other pharmaceuticals company at the end of 2017Q2, valued at $141.39M, down from 1.56M at the end of the previous reported quarter. The Firm provides services to healthcare providers, and pharmaceutical and biotech manufacturers. As of June 30, 2016, the Pharmaceutical Distribution segment consists of two operating segments, including the operations of AmerisourceBergen Drug Corporation (ABDC) and AmerisourceBergen Specialty Group (ABSG), which distributes specialty drugs to their customers.

Like this


12 October 2017
Pretium Resources, Inc. (PVG) Raised to "Outperform" at Scotiabank
The Firm is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas. However, 8.52% over the last one month, -0.10% for the last quarter and year to date performance stands at 17.48%.

12 October 2017
Minor girl raped by 'men in uniform'
The villagers first took her to Kunduli PHC but later, she was rushed to Koraput medical college as her condition deteriorated. The girl, is a resident of Musaguda village and studies in Class IX in a high school under Semiliguda block.

12 October 2017
Terror Liability Troubles Kennedy, Conservatives At High Court
The organization, they claim, helped "identify, locate, and pay the families of suicide bombers and other terrorists". Human rights advocates say the ATS is an essential vehicle for corporate oversight and accountability.

12 October 2017
Nutanix, Inc. (NASDAQ:NTNX) Sees Volatile Trading - Up $2.44
Sudheesh Vadakkedath has seen steady activity on the sell side, and on October 2, 2017, executed an option to sell 13189 shares. Public Employees Retirement System of OH increased its stake in shares of Nutanix by 6.3% during the second quarter.

12 October 2017
Horizon Pharma, Inc. (NASDAQ:HZNP) Valuation According To Analysts
Therefore 77% are positive. 07/14/2016 - Horizon Pharma , Inc. had its "buy" rating reiterated by analysts at Brean Capital. The company has experienced volume of 2,325,091 shares while on average the company has a capacity of trading 3.62M share.

12 October 2017
Israel OKs plans to build in settlements
It is holy to both religions, with Old Testament figures including Abraham believed to be buried there. Most nations consider the settlements illegal.

12 October 2017
Matt Damon Crashes Chris Hemsworth's Jimmy Kimmel Live! Interview
Not so long ago, there was a pretty big rumour that Matt Damon was going to be turning up for a secret cameo in Thor: Ragnarok . It escalated from there, to hysterical song disses in which Damon enlisted best bud Ben Affleck , to star-studded sketches .

12 October 2017
Institutional Investors Are Buying Regeneron Pharmaceuticals Inc (NASDAQ:REGN)
Finally, Janus Henderson Group PLC boosted its holdings in shares of Regeneron Pharmaceuticals by 15,495.4% in the second quarter. On average, equities research analysts forecast that Regeneron Pharmaceuticals Inc will post $12.67 EPS for the current year.

12 October 2017
Amit Shah must quit as BJP chief for 'fair inquiry': Congress
The report that the online portal The Wire was about business dealings of Shah Jr and his firm Temple Enterprise Private Ltd. Meanwhile, additional solicitor general Tushar Mehta has said he may represent Jay Shah in the matter.

12 October 2017
Gun control group sues 'bump stock' makers over Las Vegas shooting massacre
The Brady Center to Prevent Gun Violence filed the lawsuit on behalf of victims of the October 1 shooting in Las Vegas. Anna Perez, a local gun control advocate, said she is a gun owner but believes bump stocks need to be banned.