Institutional Investors Are Dumping Perrigo Co (NYSE:PRGO)

Deutsche Bank AG reaffirmed a "buy" rating and set a $88.00 price objective (up from $86.00) on shares of Perrigo in a report on Monday, July 17th. The stock decreased 0.34% or $0.24 during the last trading session, reaching $69.91. It has underperformed by 17.33% the S&P500. Korea Investment CORP grew its holdings in shares of Perrigo by 142.0% during the second quarter. Moreover, Cardinal Capital Management has 1.51% invested in DENTSPLY SIRONA Inc (NASDAQ:XRAY) for 70,606 shares. Dimensional Fund Advisors LP now owns 312,302 shares of the company's stock valued at $20,736,000 after purchasing an additional 32,828 shares during the last quarter. As per Friday, March 3, the company rating was maintained by B. Riley & Co. OppenheimerFunds Inc. now owns 10,003 shares of the company's stock valued at $664,000 after purchasing an additional 2,244 shares during the last quarter. Perrigo Company plc Ordinary Shares (NYSE:PRGO) has declined 23.00% since November 2, 2016 and is downtrending. It has underperformed by 39.70% the S&P500.

Investors sentiment increased to 1.26 in Q2 2017. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.28. It also reduced its holding in Sanofi (NYSE:SNY) by 67,986 shares in the quarter, leaving it with 1.41M shares, and cut its stake in Berkley W R Corp (NYSE:WRB). 39 funds opened positions while 74 raised stakes. Conning Inc. purchased a new position in shares of Perrigo during the third quarter worth about $219,000. Mildenhall Joseph N also sold $505,379 worth of Grand Canyon Education Inc (NASDAQ:LOPE) shares. Covington Capital reported 79,930 shares or 0.37% of all its holdings. Cambrian Cap Ltd Partnership, a California-based fund reported 34,300 shares. Livforsakringsbolaget Skandia Omsesidigt has 7,600 shares. The Florida-based Naples Advsrs Limited has invested 0.62% in VF Corp (NYSE:VFC). Eminence Cap Lp reported 2.44% stake. In the last three months, insiders have sold 6,894 shares of company stock worth $581,320. Osterweis Capital Mngmt Incorporated holds 1.79% or 840,068 shares in its portfolio. Sg Americas Secs Ltd Limited Liability Company has invested 0.12% of its portfolio in VF Corp (NYSE:VFC). Johnson Invest Counsel invested in 0.74% or 460,553 shares. Putnam Investments Ltd Liability holds 0.01% of its portfolio in Grand Canyon Education Inc (NASDAQ:LOPE) for 37,601 shares. Cibc Mkts Corporation owns 49,396 shares for 0.03% of their portfolio.

Among 28 analysts covering V.F. Corp (NYSE:VFC), 10 have Buy rating, 1 Sell and 17 Hold. Therefore 36% are positive.

TRADEMARK VIOLATION NOTICE: "Stifel Financial Corp Has $375,000 Position in Perrigo Company (PRGO)" was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. The firm has "Buy" rating by UBS given on Monday, November 16. The firm has "Buy" rating given on Friday, September 18 by Northcoast. Morgan Stanley downgraded VF Corp (NYSE:VFC) on Monday, January 11 to "Underweight" rating. The company was upgraded on Wednesday, August 26 by Zacks. The rating was downgraded by Jefferies to "Hold" on Tuesday, April 26. The company was initiated on Wednesday, February 22 by Canaccord Genuity. The firm has "Neutral" rating given on Monday, July 17 by Buckingham Research. Finally, Credit Suisse AG boosted its holdings in Perrigo by 13.8% in the first quarter. (NYSE:PRGO) during the second quarter, according to its most recent Form 13F filing with the SEC. More interesting news about VF Corp (NYSE:VFC) were released by: and their article: "Greener bluejeans: Wrangler partners with Texas water conservation group on ..." published on October 30, 2017 as well as's news article titled: "VF Corp Has More Room To Rally" with publication date: October 24, 2017.

Corecommodity Management Llc, which manages about $5.19 billion and $104.02 million US Long portfolio, upped its stake in Newmont Mining Corp (NYSE:NEM) by 35,909 shares to 54,015 shares, valued at $1.75 million in 2017Q2, according to the filing. The expected PRGO's profit could reach $160.76M giving the stock 18.30 P/E in the case that $1.11 earnings per share is reported.

Perrigo (NYSE:PRGO) last posted its earnings results on Wednesday, August 10th. Also published the news titled: "Why Perrigo Company PLC Ordinary Shares Are Dropping Today" on April 25, 2016.

Perrigo Co (NYSE:PRGO) institutional sentiment increased to 0.88 in 2017 Q2. Its up 0.03, from 0.95 in 2017Q1. It increased, as 45 investors sold PRGO shares while 132 reduced holdings. Teachers Advisors LLC boosted its holdings in Perrigo by 5.5% in the first quarter. 255.28 million shares or 3.32% more from 247.08 million shares in 2017Q1 were reported. Parkside National Bank And Tru accumulated 27 shares or 0% of the stock. The stock of Perrigo Company plc Ordinary Shares (NYSE:PRGO) earned "Overweight" rating by Barclays Capital on Thursday, January 21.

In related news, EVP Jeffrey Needham sold 3,595 shares of the firm's stock in a transaction dated Tuesday, September 12th. Van Eck Associates Corporation holds 0.08% or 185,157 shares. Assetmark Inc holds 0% or 2,211 shares. The New York-based Pinnacle Assocs Ltd has invested 0.02% in Perrigo Company plc Ordinary Shares (NYSE:PRGO). Avalon Limited Liability has 3,600 shares for 0.01% of their portfolio. Majedie Asset Mgmt Ltd holds 0.31% or 41,223 shares. Proshare Ltd stated it has 13,985 shares or 0.01% of all its holdings. Bb&T stated it has 0.01% of its portfolio in Perrigo Company plc Ordinary Shares (NYSE:PRGO). Independent Port Consultants has invested 0% in VF Corp (NYSE:VFC). Cantor Fitzgerald reaffirmed a "buy" rating on shares of Perrigo in a report on Monday, August 21st. Louisiana State Employees Retirement System invested in 8,900 shares or 0.03% of the stock.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Like this


03 November 2017
EPS for Bright Horizons Family Solutions Inc (BFAM) Expected At $0.57
Finally, Citigroup Inc. assumed coverage on shares of Bright Horizons Family Solutions in a research report on Tuesday, July 18th. Jacobs Levy Equity Inc stated it has 0.05% in Hill-Rom Holdings, Inc. (NYSE:QUAD) on Friday, May 5. (NYSE:HRC) for 12,001 shares.

03 November 2017
Twenty-First Century Fox, Inc. (FOX) Raised to "Positive" at OTR Global
Currently, 251.45 million total shares are owned by the public and among those 250.77 million shares have been available to trade. Twenty-First Century Fox makes up about 2.6% of Penn Davis Mcfarland Inc.'s holdings, making the stock its 20th biggest position.

03 November 2017
Thousands of Ethiopia troops enter Somalia to hunt al-Shabab
The United States has already increased its military presence in support of Somalia by executing drone strikes at a frequent rate. Ethiopia's foreign minister confirms that troops have crossed into Somalia.

03 November 2017
Powered voice assistant for meetings
Tuttle said that initially Spark Assistant will be able to understand basic commands, such as getting in and out of calls. Makes our meeting and collaboration sessions easier - that's exactly what Spark Assistant is created to do", said Tuttle.

03 November 2017
Footage emerges of Cody Garbrandt KOing TJ Dillashaw in training
The infamous and much sought out alleged footage of Cody Garbrandt knocking out TJ Dillashaw has been released. Georges St-Pierre for the UFC middleweight title is expected to serve as the main event.

03 November 2017
Session Watch: Following the Numbers for Brocade Comm Sys (BRCD)
According to their observations and findings, the stock could provide a high EPS of $0.39/share and a low EPS of $0.18/share. Focusing in on some other information, we can see that Brocade Comm Sys ( BRCD ) has a current weighted alpha of -6.70.

03 November 2017
New vehicle from the legendary Gordon Murray
His designs won Nelson Piquet two Driver's Championships in 1981 and 1983 before the South African native joined McLaren in 1987. The new coupé and all future GMA cars will have a redesigned version of the logo Murray first drew for that vehicle .

03 November 2017
Watch Millie Bobby Brown Recap Stranger Things 1 With An Epic Rap
It gets better: Kim Kardashian also joined in on the Stranger Things fan-girling and tweeted at Brown, "OMG @milliebbrown we love you bible! ".

03 November 2017
Canada adds 35000 jobs in October, as full-time positions surge
The uptick in the unemployment rate was attributed to more people - 56,800 - joining the labor force to look for a job. The consensus call among traders was for a 15,000 advance, according to economists at Royal Bank of Canada.

03 November 2017
Rapper Fetty Wap Arrested For Drag Racing In Brooklyn While Intoxicated
When the officer suspected Wap might be intoxicated, he administered a field sobriety test, which returned a.09 reading. The NYPD reported that Fetty Wap, whose real name is Willie Maxwell, was seen at about 1:20 a.m.