Quintiles Transitional Holdings Inc. (Q) Shares Bought by Mitsubishi UFJ Kokusai Asset Management Co. Ltd.

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Quintiles Transitional Holdings Inc. (NYSE:Q) by 16.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,677 shares of the medical research company’s stock after buying an additional 3,076 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Quintiles Transitional Holdings were worth $2,061,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. WASHINGTON TRUST Co purchased a new position in shares of Quintiles Transitional Holdings in the 3rd quarter worth approximately $9,874,000. State Board of Administration of Florida Retirement System boosted its holdings in shares of Quintiles Transitional Holdings by 1.0% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 189,489 shares of the medical research company’s stock worth $18,015,000 after purchasing an additional 1,947 shares during the period. Wedbush Securities Inc. purchased a new position in shares of Quintiles Transitional Holdings in the 3rd quarter worth approximately $213,000. Dupont Capital Management Corp boosted its holdings in shares of Quintiles Transitional Holdings by 12.5% in the 3rd quarter. Dupont Capital Management Corp now owns 36,203 shares of the medical research company’s stock worth $3,442,000 after purchasing an additional 4,030 shares during the period. Finally, Andra AP fonden boosted its holdings in shares of Quintiles Transitional Holdings by 16.1% in the 3rd quarter. Andra AP fonden now owns 18,700 shares of the medical research company’s stock worth $1,778,000 after purchasing an additional 2,600 shares during the period. Institutional investors and hedge funds own 93.29% of the company’s stock.

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In other news, major shareholder Cpp Investment Board Private H sold 5,218,245 shares of the business’s stock in a transaction on Monday, August 28th. The stock was sold at an average price of $97.33, for a total value of $507,891,785.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kevin C. Knightly sold 19,339 shares of the business’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $99.51, for a total value of $1,924,423.89. Following the completion of the transaction, the insider now directly owns 40,650 shares of the company’s stock, valued at $4,045,081.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,175,702 shares of company stock valued at $1,361,299,848. 6.40% of the stock is currently owned by corporate insiders.

A number of brokerages have recently commented on Q. Zacks Investment Research cut Quintiles Transitional Holdings from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. Morgan Stanley boosted their price objective on Quintiles Transitional Holdings from $96.00 to $121.00 and gave the company an “overweight” rating in a report on Thursday. BidaskClub cut Quintiles Transitional Holdings from a “strong-buy” rating to a “buy” rating in a report on Friday, August 11th. KeyCorp restated a “buy” rating and set a $100.00 price objective on shares of Quintiles Transitional Holdings in a report on Friday. Finally, Jefferies Group LLC restated a “hold” rating and set a $94.00 price objective on shares of Quintiles Transitional Holdings in a report on Friday, August 4th. Eleven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $103.15.

Shares of Quintiles Transitional Holdings Inc. (NYSE:Q) opened at $104.05 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $21,987.22, a price-to-earnings ratio of 23.76, a price-to-earnings-growth ratio of 1.73 and a beta of 0.65. Quintiles Transitional Holdings Inc. has a 1 year low of $71.90 and a 1 year high of $110.67.

Quintiles Transitional Holdings (NYSE:Q) last issued its earnings results on Thursday, October 26th. The medical research company reported $1.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.14 by $0.05. The business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.01 billion. Quintiles Transitional Holdings had a return on equity of 12.60% and a net margin of 0.58%. Quintiles Transitional Holdings’s revenue was up 77.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.00 EPS. equities research analysts predict that Quintiles Transitional Holdings Inc. will post 4.62 earnings per share for the current year.

About Quintiles Transitional Holdings

Quintiles IMS Holdings, Inc, formerly Quintiles Transnational Holdings Inc, provides integrated information and technology-enabled healthcare services. The Company operates through segments, including Commercial Solutions; Research & Development Solutions, and Integrated Engagement Services. The Commercial Solutions segment offerings include national information offerings, sub-national information offerings, technology solutions, and workflow analytics and consulting services.

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Institutional Ownership by Quarter for Quintiles Transitional Holdings (NYSE:Q)

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