Gilead Sciences (GILD) : Palo Capital scooped up 2,113 additional shares in Gilead Sciences 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 17,618 shares of Gilead Sciences which is valued at $1,795,803.Gilead Sciences makes up approximately 1.42% of Palo Capital’s portfolio.
Gilead Sciences opened for trading at $101.56 and hit $102.45 on the upside on Friday, eventually ending the session at $101.93, with a gain of 0.19% or 0.19 points. The heightened volatility saw the trading volume jump to 1,03,01,937 shares. Company has a market cap of $139,323 M.
Other Hedge Funds, Including , Murphy Capital Management Inc boosted its stake in GILD in the latest quarter, The investment management firm added 1,233 additional shares and now holds a total of 16,468 shares of Gilead Sciences which is valued at $1,678,583. Gilead Sciences makes up approx 0.26% of Murphy Capital Management Inc’s portfolio.Osborn Rohs Williams Donohoe Ltd boosted its stake in GILD in the latest quarter, The investment management firm added 3,562 additional shares and now holds a total of 51,068 shares of Gilead Sciences which is valued at $5,019,474. Gilead Sciences makes up approx 1.00% of Osborn Rohs Williams Donohoe Ltd’s portfolio.D. Scott Neal reduced its stake in GILD by selling 300 shares or 26.88% in the most recent quarter. The Hedge Fund company now holds 816 shares of GILD which is valued at $80,205. Gilead Sciences makes up approx 0.07% of D. Scott Neal’s portfolio.Endurance Wealth Management reduced its stake in GILD by selling 650 shares or 1.62% in the most recent quarter. The Hedge Fund company now holds 39,389 shares of GILD which is valued at $3,871,545. Gilead Sciences makes up approx 0.75% of Endurance Wealth Management’s portfolio.Indiana Trust Investment Management Co boosted its stake in GILD in the latest quarter, The investment management firm added 460 additional shares and now holds a total of 13,150 shares of Gilead Sciences which is valued at $1,260,165. Gilead Sciences makes up approx 0.70% of Indiana Trust Investment Management Co’s portfolio.
On the company’s financial health, Gilead Sciences reported $3.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.34 according to the earnings call on Feb 2, 2016. Analyst had a consensus of $2.98. The company had revenue of $8506.00 million for the quarter, compared to analysts expectations of $8163.83 million. The company’s revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.43 EPS.
Many Wall Street Analysts have commented on Gilead Sciences. Shares were Reiterated by Leerink Partners on Mar 16, 2016 to “Outperform” and Lowered the Price Target to $ 127 from a previous price target of $130 .Citigroup Initiated Gilead Sciences on Feb 25, 2016 to “Buy”, Price Target of the shares are set at $110.Shares were Reiterated by Maxim Group on Feb 12, 2016 to “Buy” and Lowered the Price Target to $ 115 from a previous price target of $137 .
Gilead Sciences Inc. (Gilead) is a research-based biopharmaceutical company that discovers develops and commercializes innovative medicines. The Companys primary areas of focus include human immunodeficiency virus (HIV) liver diseases such as chronic hepatitis C virus (HCV) infection and chronic hepatitis B virus (HBV) infection oncology and inflammation and serious cardiovascular and respiratory conditions. The Companys HIV products include Stribild Complera/Eviplera Atripla Truvada Viread Emtriva Tybost and Vitekta. Its Liver Diseases products include Harvoni Sovaldi Viread and Hepsera. Zydelig is the Companys oncology product. Its Cardiovascular products include Letairis Ranexa and Lexiscan/Rapiscan. Its Respiratory products include Cayston and Tamiflu. Its other products include AmBisome and Macugen.