Pure Financial Advisors buys $1,163,667 stake in Merck & Co. (MRK)

Merck & Co. (MRK) : Pure Financial Advisors scooped up 244 additional shares in Merck & Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 13, 2016. The investment management firm now holds a total of 19,541 shares of Merck & Co. which is valued at $1,163,667.Merck & Co. makes up approximately 0.39% of Pure Financial Advisors’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in MRK in the latest quarter, The investment management firm added 2,130 additional shares and now holds a total of 62,015 shares of Merck & Co. which is valued at $3,692,993. Merck & Co. makes up approx 0.11% of Capstone Asset Management Co’s portfolio.Fisher Asset Management boosted its stake in MRK in the latest quarter, The investment management firm added 61,110 additional shares and now holds a total of 6,759,345 shares of Merck & Co. which is valued at $402,518,995. Merck & Co. makes up approx 0.77% of Fisher Asset Management’s portfolio.Bkd Wealth Advisors reduced its stake in MRK by selling 552 shares or 1.85% in the most recent quarter. The Hedge Fund company now holds 29,237 shares of MRK which is valued at $1,741,063. Merck & Co. makes up approx 0.25% of Bkd Wealth Advisors’s portfolio.Integrated Investment Consultants boosted its stake in MRK in the latest quarter, The investment management firm added 223 additional shares and now holds a total of 31,609 shares of Merck & Co. which is valued at $1,833,322. Merck & Co. makes up approx 0.96% of Integrated Investment Consultants’s portfolio.Boltwood Capital Management boosted its stake in MRK in the latest quarter, The investment management firm added 415 additional shares and now holds a total of 20,365 shares of Merck & Co. which is valued at $1,181,170. Merck & Co. makes up approx 0.99% of Boltwood Capital Management’s portfolio.

Merck & Co. closed down -0.61 points or -1.02% at $59.02 with 87,69,171 shares getting traded on Monday. Post opening the session at $59, the shares hit an intraday low of $58.715 and an intraday high of $59.49 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Merck & Co. reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.85. The company had revenue of $9312.00 million for the quarter, compared to analysts expectations of $9445.10 million. The company’s revenue was down -1.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.85 EPS.

Merck & Co. Inc. is a global health care company. The Company offers health solutions through its prescription medicines vaccines biologic therapies and animal health products which it markets directly and through its joint ventures. The Company’s Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures. Human health pharmaceutical products consist of therapeutic and preventive agents generally sold by prescription for the treatment of human disorders. The Company sells these human health pharmaceutical products primarily to drug wholesalers and retailers hospitals government agencies and managed health care providers. The Animal Health segment discovers develops manufactures and markets animal health products including vaccines. The Company’s animal health products are sold to veterinarians distributors and animal producers.

Leave a Reply

Merck & Co. - Is it time to Sell?

Top Brokerage Firms are advising their investors on Merck & Co.. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.