Fic Capital Inc buys $12,560,116 stake in Alnylam Pharmaceuticals (ALNY)

Alnylam Pharmaceuticals (ALNY) : Fic Capital Inc scooped up 410 additional shares in Alnylam Pharmaceuticals during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 169,548 shares of Alnylam Pharmaceuticals which is valued at $12,560,116.Alnylam Pharmaceuticals makes up approximately 5.69% of Fic Capital Inc’s portfolio.

Other Hedge Funds, Including , Comerica Bank boosted its stake in ALNY in the latest quarter, The investment management firm added 31 additional shares and now holds a total of 13,714 shares of Alnylam Pharmaceuticals which is valued at $1,015,933. Alnylam Pharmaceuticals makes up approx 0.01% of Comerica Bank’s portfolio.State Board Of Administration Of Florida Retirement System boosted its stake in ALNY in the latest quarter, The investment management firm added 20,574 additional shares and now holds a total of 112,689 shares of Alnylam Pharmaceuticals which is valued at $8,837,071. Alnylam Pharmaceuticals makes up approx 0.03% of State Board Of Administration Of Florida Retirement System’s portfolio.Cibc Asset Management Inc boosted its stake in ALNY in the latest quarter, The investment management firm added 46 additional shares and now holds a total of 4,119 shares of Alnylam Pharmaceuticals which is valued at $293,932.Emerald Advisers Incpa boosted its stake in ALNY in the latest quarter, The investment management firm added 14,545 additional shares and now holds a total of 40,039 shares of Alnylam Pharmaceuticals which is valued at $2,725,855. Alnylam Pharmaceuticals makes up approx 0.12% of Emerald Advisers Incpa’s portfolio.Shell Asset Management Co reduced its stake in ALNY by selling 368 shares or 9.91% in the most recent quarter. The Hedge Fund company now holds 3,345 shares of ALNY which is valued at $228,831. Alnylam Pharmaceuticals makes up approx 0.01% of Shell Asset Management Co’s portfolio.

Alnylam Pharmaceuticals closed down -0.39 points or -0.51% at $75.79 with 3,07,428 shares getting traded on Tuesday. Post opening the session at $76.6, the shares hit an intraday low of $75.5676 and an intraday high of $77 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Alnylam Pharmaceuticals reported $-1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.22 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $-1.27. The company had revenue of $8.70 million for the quarter, compared to analysts expectations of $7.98 million. The company’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.85 EPS.

Many Wall Street Analysts have commented on Alnylam Pharmaceuticals. Alnylam Pharmaceuticals was Initiated by Morgan Stanley to “Overweight” on Aug 2, 2016. Company shares were Reiterated by Chardan Capital Markets on May 26, 2016 to “Buy”, Firm has raised the Price Target to $ 115 from a previous price target of $93 .

Alnylam Pharmaceuticals Inc. is a biopharmaceutical company. The Company is engaged in the research and development of therapeutics based on its ribonucleic acid interference (RNAi). The Company’s pipeline focuses in three strategic therapeutic areas (STArs): Genetic Medicines with a pipeline of RNAi therapeutics for the treatment of rare diseases; Cardio-Metabolic Disease with a pipeline of RNAi therapeutics toward genetically validated liver-expressed disease in cardiovascular and metabolic diseases and hepatic infectious disease with a pipeline of RNAi therapeutics for treatment of hepatic infectious diseases. Its products include Patisiran (ALN-TTR02) Revusiran (ALN-TTRsc) ALN-AT3 ALN-CC5 ALN-AS1 ALN-AAT ALN-GO1 ALN-TMP ALN-PCS ALN-PCSsc ALN-AC3 ALN-ANG ANGPTL3 ALN-HBV ALN-HDV and ALN-PDL. The Company is developing two investigational RNAi therapeutic candidates for TTR-Mediated Amyloidosis (ATTR): patisiran and revusiran.

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