Perrigo Company plc (NYSE:PRGO) Shares Bought by Barclays PLC

Barclays PLC lifted its position in shares of Perrigo Company plc (NYSE:PRGOFree Report) by 40.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 150,422 shares of the company’s stock after buying an additional 43,203 shares during the period. Barclays PLC owned 0.11% of Perrigo worth $4,804,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Atria Investments Inc acquired a new stake in shares of Perrigo during the third quarter worth $1,136,000. Arizona State Retirement System boosted its stake in Perrigo by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 38,531 shares of the company’s stock worth $1,231,000 after buying an additional 581 shares during the last quarter. Privium Fund Management B.V. purchased a new stake in Perrigo in the 3rd quarter valued at about $1,278,000. HBK Sorce Advisory LLC increased its stake in shares of Perrigo by 76.1% during the 3rd quarter. HBK Sorce Advisory LLC now owns 32,716 shares of the company’s stock valued at $1,045,000 after acquiring an additional 14,135 shares during the last quarter. Finally, NBC Securities Inc. purchased a new position in shares of Perrigo during the 3rd quarter worth about $308,000. Institutional investors and hedge funds own 95.74% of the company’s stock.

Perrigo Stock Up 0.1 %

PRGO opened at $31.88 on Friday. The company has a market cap of $4.32 billion, a PE ratio of 637.73 and a beta of 0.67. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.60 and a current ratio of 2.74. Perrigo Company plc has a 1 year low of $26.81 and a 1 year high of $40.28. The firm has a 50 day moving average price of $32.00 and a 200 day moving average price of $32.50.

Perrigo (NYSE:PRGOGet Free Report) last issued its earnings results on Tuesday, November 7th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Perrigo had a net margin of 0.15% and a return on equity of 6.98%. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the firm posted $0.56 EPS. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. Sell-side analysts expect that Perrigo Company plc will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Perrigo

In related news, EVP Alison Ives bought 2,040 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was bought at an average price of $29.34 per share, with a total value of $59,853.60. Following the completion of the transaction, the executive vice president now directly owns 10,380 shares of the company’s stock, valued at $304,549.20. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CEO Patrick Lockwood-Taylor acquired 11,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were purchased at an average price of $28.99 per share, for a total transaction of $318,890.00. Following the acquisition, the chief executive officer now directly owns 11,000 shares of the company’s stock, valued at approximately $318,890. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Alison Ives bought 2,040 shares of the company’s 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 transaction, the executive vice president now owns 10,380 shares of the company’s stock, valued at approximately $304,549.20. The disclosure for this purchase can be found here. Insiders have purchased 23,590 shares of company stock valued at $696,749 over the last three months. 0.70% of the stock is owned by company insiders.

Analyst Ratings Changes

PRGO has been the subject of several research analyst reports. Piper Sandler assumed coverage on shares of Perrigo in a research report on Friday, November 17th. They set an “overweight” rating and a $37.00 price target for the company. StockNews.com upgraded Perrigo from a “hold” rating to a “buy” rating in a report on Tuesday. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $44.25.

Read Our Latest Report on Perrigo

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.

Further Reading

Institutional Ownership by Quarter for Perrigo (NYSE:PRGO)

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