Economy

GlaxoSmithKline plc (GSK) Given Average Rating of "Hold" by Brokerages

The company saw 6.69 million shares trade hands over the course of the day. GlaxoSmithKline accounts for 0.9% of Bogart Wealth LLC's investment portfolio, making the stock its 28th biggest holding.

A number of other large investors have also recently bought and sold shares of GSK. Quadrant Capital Group LLC increased its position in shares of GlaxoSmithKline PLC by 6.4% in the second quarter. The institutional investor held 9,000 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $2.82 million, up from 4,000 at the end of the previous reported quarter. FMR LLC increased its stake in GlaxoSmithKline by 5.9% in the 2nd quarter. The stock traded with the average Volume of 5.56 Million at the end of last session. SignalPoint Asset Management LLC increased its position in shares of GlaxoSmithKline PLC by 18.5% in the second quarter. The P-A-W Capital Corp holds 15,000 shares with $609,000 value, down from 40,000 last quarter. The New York-based Skytop Capital Management Llc has invested 7.24% in the stock. FTB Advisors Inc. now owns 3,735 shares of the pharmaceutical company's stock worth $146,000 after acquiring an additional 539 shares in the last quarter. Finally, Seatown Holdings Pte. GlaxoSmithKline plc (NYSE:GSK) has risen 4.26% since January 9, 2017 and is uptrending. The stock was bought at an average price of $14.00 per share, for a total transaction of $5,999,994.00. Also, insider Urs Rohner purchased 473 shares of GlaxoSmithKline stock in a transaction dated Wednesday, October 25th.

Several research firms have recently weighed in on GSK. The firm has "Buy" rating by Investec given on Thursday, October 20. Needham maintained the stock with "Buy" rating in Tuesday, November 21 report. Jefferies maintained GlaxoSmithKline plc (LON:GSK) rating on Monday, January 16.

GlaxoSmithKline plc (NYSE:GSK) touched its 1-Year High price of $44.53 on 05/31/17 and its 1-Year Low price of $34.52 on 12/06/17. The stock of Diageo plc (LON:DGE) has "Buy" rating given on Friday, January 29 by Citigroup. The stock of GlaxoSmithKline plc (NYSE:GSK) earned "Buy" rating by Argus Research on Monday, December 7. While 20-Day Moving Average VS Current Price shows "Buy" Signal. The stock of GlaxoSmithKline plc (NYSE:GSK) has "Buy" rating given on Wednesday, January 27 by Bryan Garnier & Cie. The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 2.96.

The company has a market cap of $66,770.00 and a PE ratio of 2,805.83. Stockholders of record on Friday, November 10th will be paid a dividend of $0.5037 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a dividend yield of 1.41%. After $0.59 actual EPS reported by XPO Logistics, Inc. for the previous quarter, Wall Street now forecasts -27.12% negative EPS growth. GlaxoSmithKline's dividend payout ratio (DPR) is presently 154.26%.

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GlaxoSmithKline plc (GSK) is a healthcare company. Glaxosmithkline now has $85.40 billion valuation.

GlaxoSmithKline is one of the world's leading research based pharmaceutical and healthcare companies and is committed to improving the quality of human life by enabling people to do more, feel better and live longer. The firm offers pharmaceutical products comprising medicines in the therapeutic areas, such as respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, anti-bacterials, dermatology, rare diseases, immuno-inflammation, vaccines, and HIV.



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