Mirae Asset Global Investments Co. Ltd. Trims Stock Holdings in Elanco Animal Health Incorporat (NYSE:ELAT)

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in Elanco Animal Health Incorporat (NYSE:ELATGet Rating) by 4.2% in the first quarter, Holdings Channel reports. The institutional investor owned 163,939 shares of the company’s stock after selling 7,124 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Elanco Animal Health Incorporat were worth $6,679,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of ELAT. Jane Street Group LLC bought a new position in Elanco Animal Health Incorporat in the 1st quarter valued at $391,000. State Street Corp boosted its holdings in Elanco Animal Health Incorporat by 2.9% in the 1st quarter. State Street Corp now owns 216,200 shares of the company’s stock valued at $8,881,000 after purchasing an additional 6,000 shares during the period. McIlrath & Eck LLC bought a new position in Elanco Animal Health Incorporat in the 1st quarter valued at $41,000. SSI Investment Management LLC boosted its holdings in Elanco Animal Health Incorporat by 16.1% in the 1st quarter. SSI Investment Management LLC now owns 110,335 shares of the company’s stock valued at $4,530,000 after purchasing an additional 15,325 shares during the period. Finally, Wolverine Asset Management LLC boosted its holdings in Elanco Animal Health Incorporat by 91.1% in the 1st quarter. Wolverine Asset Management LLC now owns 69,837 shares of the company’s stock valued at $2,877,000 after purchasing an additional 33,284 shares during the period.

Elanco Animal Health Incorporat Stock Down 6.3 %

NYSE ELAT opened at $22.47 on Thursday. Elanco Animal Health Incorporat has a 52-week low of $22.47 and a 52-week high of $52.67. The company has a fifty day moving average of $28.70 and a 200-day moving average of $34.86.

Elanco Animal Health Incorporat Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 1st. Stockholders of record on Friday, October 14th will be issued a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a dividend yield of 11.13%. The ex-dividend date is Thursday, October 13th.

Wall Street Analyst Weigh In

Separately, TheStreet downgraded shares of Elanco Animal Health Incorporat from a “c-” rating to a “d+” rating in a report on Wednesday, August 31st.

See Also

Want to see what other hedge funds are holding ELAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Elanco Animal Health Incorporat (NYSE:ELATGet Rating).

Institutional Ownership by Quarter for Elanco Animal Health Incorporat (NYSE:ELAT)

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