Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet Ltd buys $3,499,189 stake in Opko Health (OPK)

Opko Health (OPK) : Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet Ltd scooped up 15,883 additional shares in Opko Health during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 18, 2016. The investment management firm now holds a total of 311,039 shares of Opko Health which is valued at $3,499,189.Opko Health makes up approximately 1.18% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet Ltd’s portfolio.

Opko Health closed down -0.04 points or -0.35% at $11.25 with 19,05,766 shares getting traded on Friday. Post opening the session at $11.29, the shares hit an intraday low of $11.16 and an intraday high of $11.36 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Simplex Trading boosted its stake in OPK in the latest quarter, The investment management firm added 51,296 additional shares and now holds a total of 51,496 shares of Opko Health which is valued at $556,157. Opko Health makes up approx 0.09% of Simplex Trading’s portfolio.Jaffetilchin Investment Partners boosted its stake in OPK in the latest quarter, The investment management firm added 33,435 additional shares and now holds a total of 445,268 shares of Opko Health which is valued at $4,808,894. Opko Health makes up approx 1.51% of Jaffetilchin Investment Partners’s portfolio. Proficio Capital Partners added OPK to its portfolio by purchasing 36 company shares during the most recent quarter which is valued at $387.Creative Planning reduced its stake in OPK by selling 28,551 shares or 22.84% in the most recent quarter. The Hedge Fund company now holds 96,467 shares of OPK which is valued at $1,037,020. Opko Health makes up approx 0.01% of Creative Planning’s portfolio.

On the company’s financial health, Opko Health reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.26 according to the earnings call on Nov 9, 2015. Analyst had a consensus of $-0.01. The company had revenue of $143.00 million for the quarter, compared to analysts expectations of $133.04 million. The company’s revenue was up 622.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.11 EPS.

Many Wall Street Analysts have commented on Opko Health. Shares were Reiterated by Barrington Research on Mar 31, 2016 to “Outperform” and Lowered the Price Target to $ 16 from a previous price target of $17 .

OPKO Health Inc. (OPKO) is a biopharmaceutical and diagnostics company. The Company is involved in developing a range of solutions to diagnose treat and prevent various conditions including point-of-care tests laboratory developed tests (LDTs) molecular diagnostics tests and pharmaceuticals and vaccines. It operates in two segments: pharmaceutical and diagnostics. Its pharmaceutical segment consists of two operating segments pharmaceutical research and development segment and pharmaceutical operations. Its diagnostics segment consists of pathology operations and point-of-care and molecular diagnostics operations. It owns pharmaceutical operations in Chile Spain Mexico Israel Uruguay and Brazil. The product pipeline includes several pharmaceutical compounds and technologies in research and development for a range of indications and conditions.

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