Parametrica Management Ltd adds Amgen (AMGN) to its portfolio

Amgen (AMGN) : Parametrica Management Ltd added new position in Amgen during the most recent quarter end. The investment management firm now holds 1,723 shares of Amgen which is valued at $283,072 , the company said in a statement filed on Oct 13, 2016 with the SEC.Amgen makes up approximately 0.80% of Parametrica Management Ltd’s portfolio.

Other Hedge Funds, Including , Private Bank Trust Co reduced its stake in AMGN by selling 510 shares or 11.32% in the most recent quarter. The Hedge Fund company now holds 3,997 shares of AMGN which is valued at $656,667. Amgen makes up approx 0.10% of Private Bank Trust Co’s portfolio.Prospera Financial Services Inc boosted its stake in AMGN in the latest quarter, The investment management firm added 848 additional shares and now holds a total of 3,557 shares of Amgen which is valued at $584,486. Amgen makes up approx 0.12% of Prospera Financial Services Inc’s portfolio.Central Bank Trust Co reduced its stake in AMGN by selling 283 shares or 2.34% in the most recent quarter. The Hedge Fund company now holds 11,820 shares of AMGN which is valued at $1,979,850. Amgen makes up approx 0.56% of Central Bank Trust Co’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in AMGN by selling 105,960 shares or 9.02% in the most recent quarter. The Hedge Fund company now holds 1,069,080 shares of AMGN which is valued at $178,792,939. Amgen makes up approx 0.73% of Bnp Paribas Arbitrage Sa’s portfolio.Burns J W Co Incny boosted its stake in AMGN in the latest quarter, The investment management firm added 4,708 additional shares and now holds a total of 9,978 shares of Amgen which is valued at $1,668,721. Amgen makes up approx 0.52% of Burns J W Co Incny’s portfolio.

Amgen closed down -3.99 points or -2.37% at $164.32 with 27,61,896 shares getting traded on Tuesday. Post opening the session at $167.82, the shares hit an intraday low of $163.51 and an intraday high of $167.82 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Amgen reported $2.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $2.74. The company had revenue of $5688.00 million for the quarter, compared to analysts expectations of $5579.33 million. The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.57 EPS.

Amgen Inc. (Amgen) is a biotechnology company. The Company is engaged in discovering developing manufacturing and delivering human therapeutics. The Company’s sales and marketing forces are located in the United States and Europe. In the United States it sells its products to pharmaceutical wholesale distributors. The Company also markets certain products directly to consumers through direct-to-consumer print and television advertising as well as through the Internet. Outside the United States the Company sells its products to healthcare providers and/or pharmaceutical wholesale distributors. The Company’s products include Neulasta (pegfilgrastim)/NEUPOGEN (filgrastim) Enbrel (etanercept) XGEVA/Prolia (denosumab) ESAs (erythropoiesis-stimulating agents) Sensipar/Mimpara (cinacalcet) Kyprolis and Evolocumab among others.

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