New York State Common Retirement Fund Has $11.85 Million Holdings in Perrigo Company plc (NYSE:PRGO)

New York State Common Retirement Fund cut its position in shares of Perrigo Company plc (NYSE:PRGOFree Report) by 5.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 370,820 shares of the company’s stock after selling 20,144 shares during the quarter. New York State Common Retirement Fund’s holdings in Perrigo were worth $11,848,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dark Forest Capital Management LP purchased a new position in shares of Perrigo in the first quarter valued at about $31,000. Ronald Blue Trust Inc. lifted its holdings in Perrigo by 132.3% during the third quarter. Ronald Blue Trust Inc. now owns 1,157 shares of the company’s stock worth $39,000 after buying an additional 659 shares during the period. NewEdge Advisors LLC increased its position in shares of Perrigo by 345.5% during the first quarter. NewEdge Advisors LLC now owns 1,430 shares of the company’s stock worth $51,000 after purchasing an additional 1,109 shares in the last quarter. Fifth Third Bancorp increased its position in shares of Perrigo by 39.5% in the 3rd quarter. Fifth Third Bancorp now owns 1,714 shares of the company’s stock valued at $55,000 after acquiring an additional 485 shares during the period. Finally, Covestor Ltd grew its position in Perrigo by 5,903.6% during the 1st quarter. Covestor Ltd now owns 1,681 shares of the company’s stock worth $65,000 after purchasing an additional 1,653 shares during the period. Hedge funds and other institutional investors own 95.74% of the company’s stock.

Insider Buying and Selling at Perrigo

In other Perrigo news, EVP Robert Willis purchased 5,550 shares of the company’s stock in a transaction dated Friday, November 24th. The stock was purchased at an average price of $31.01 per share, for a total transaction of $172,105.50. Following the transaction, the executive vice president now owns 19,105 shares in the company, valued at approximately $592,446.05. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Robert Willis bought 5,550 shares of the company’s stock in a transaction on Friday, November 24th. The shares were acquired at an average cost of $31.01 per share, with a total value of $172,105.50. Following the completion of the acquisition, the executive vice president now owns 19,105 shares of the company’s stock, valued at approximately $592,446.05. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Alison Ives purchased 2,040 shares of the stock in a transaction dated Thursday, November 16th. The shares were acquired at an average cost of $29.34 per share, for a total transaction of $59,853.60. Following the completion of the acquisition, the executive vice president now owns 10,380 shares of the company’s stock, valued at $304,549.20. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 23,590 shares of company stock valued at $696,749. 0.70% of the stock is currently owned by company insiders.

Perrigo Stock Down 0.7 %

PRGO opened at $31.91 on Thursday. Perrigo Company plc has a twelve month low of $26.81 and a twelve month high of $40.28. The firm’s 50-day simple moving average is $31.95 and its 200-day simple moving average is $32.53. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.60 and a current ratio of 2.74. The firm has a market cap of $4.32 billion, a price-to-earnings ratio of 638.33 and a beta of 0.67.

Perrigo (NYSE:PRGOGet Free Report) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Perrigo had a net margin of 0.15% and a return on equity of 6.98%. The business’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the business earned $0.56 EPS. Equities research analysts anticipate that Perrigo Company plc will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PRGO. StockNews.com raised shares of Perrigo from a “hold” rating to a “buy” rating in a research report on Tuesday. Piper Sandler began coverage on shares of Perrigo in a research note on Friday, November 17th. They issued an “overweight” rating and a $37.00 target price on the stock. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $44.25.

View Our Latest Analysis on PRGO

About Perrigo

(Free Report)

Perrigo Company plc provides over-the-counter health and wellness solutions to enhance individual well-being in Ireland, the United States, France, Belgium, China, the United Kingdom, Germany, Switzerland, Austria, Italy, Australia, Greece, and Spain. It operates through Consumer Self-Care Americas and Consumer Self-Care International segments.

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Institutional Ownership by Quarter for Perrigo (NYSE:PRGO)

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