Quintiles Ims Holdings INC (Q) Shareholder Cabot Wealth Management INC Lowered Its Stake by $3.74 Million

June 13, 2017 - By Richard Conner

Investors sentiment increased to 1.75 in 2016 Q4. Its up 1.00, from 0.75 in 2016Q3. It is positive, as 39 investors sold Q shares while 93 reduced holdings. 85 funds opened positions while 146 raised stakes. 216.20 million shares or 97.25% more from 109.60 million shares in 2016Q3 were reported. Rothschild Asset Management Inc owns 102,148 shares. Northwestern Mutual Wealth Management holds 5,522 shares. Gam Holdg Ag has invested 0.01% in Quintiles IMS Holdings Inc (NYSE:Q). Vaughan Nelson Inv Management Limited Partnership holds 0.47% or 519,837 shares. Prtn Limited Liability Company reported 83,645 shares. Sg Americas Secs Limited Liability Corp invested 0% in Quintiles IMS Holdings Inc (NYSE:Q). Laurion Cap Mgmt Ltd Partnership has invested 0.13% in Quintiles IMS Holdings Inc (NYSE:Q). Catalyst Capital Ltd Liability invested in 92 shares or 0% of the stock. Riverhead Cap Mngmt Limited reported 6,300 shares stake. Moreover, Suntrust Banks has 0% invested in Quintiles IMS Holdings Inc (NYSE:Q). Brown Advisory Securities Ltd Liability Corporation reported 0.08% of its portfolio in Quintiles IMS Holdings Inc (NYSE:Q). Corsair Cap Management LP holds 487,900 shares or 6.33% of its portfolio. Oakworth invested 0% in Quintiles IMS Holdings Inc (NYSE:Q). Hirtle Callaghan & Lc has 0% invested in Quintiles IMS Holdings Inc (NYSE:Q). State Street reported 0.02% of its portfolio in Quintiles IMS Holdings Inc (NYSE:Q).

Cabot Wealth Management Inc decreased its stake in Quintiles Ims Holdings Inc (Q) by 47.65% based on its latest 2016Q4 regulatory filing with the SEC. Cabot Wealth Management Inc sold 49,222 shares as the company’s stock rose 8.21% with the market. The institutional investor held 54,078 shares of the commercial physical & biological resarch company at the end of 2016Q4, valued at $4.11 million, down from 103,300 at the end of the previous reported quarter. Cabot Wealth Management Inc who had been investing in Quintiles Ims Holdings Inc for a number of months, seems to be less bullish one the $18.60B market cap company. The stock increased 1.33% or $1.14 during the last trading session, reaching $86.73. About 974,835 shares traded. Quintiles IMS Holdings Inc (NYSE:Q) has risen 27.93% since June 13, 2016 and is uptrending. It has outperformed by 11.23% the S&P500.

Wall Street await Quintiles IMS Holdings Inc (NYSE:Q) to release earnings on July, 26. Analysts forecast earnings per share of $1.03, up exactly $0.10 or 10.75 % from 2014’s $0.93 EPS. The expected Q’s profit could reach $220.89M giving the stock 21.05 P/E in the case that $1.03 earnings per share is reported. After posting $1.01 EPS for the previous quarter, Quintiles IMS Holdings Inc’s analysts now forecast 1.98 % EPS growth.

More news for Quintiles IMS Holdings Inc (NYSE:Q) were recently published by: Barrons.com, which released: “Credit Suisse Likes Quintiles IMS Holdings” on May 20, 2017. Zacks.com‘s article titled: “Quintiles IMS Holdings (Q) to Repurchase 10.6M Common Share” and published on May 30, 2017 is yet another important article.

Quintiles IMS Holdings Inc (NYSE:Q) Ratings Coverage

Among 18 analysts covering Quintiles Transnational (NYSE:Q), 5 have Buy rating, 1 Sell and 12 Hold. Therefore 28% are positive. Quintiles Transnational had 32 analyst reports since July 22, 2015 according to SRatingsIntel. Mizuho maintained the shares of Q in report on Thursday, May 4 with “Buy” rating. The firm has “Neutral” rating by Bank of America given on Friday, December 2. On Friday, August 14 the stock rating was reinitiated by Credit Suisse with “Outperform”. On Tuesday, August 25 the stock rating was downgraded by Zacks to “Buy”. The stock has “Sector Weight” rating by Avondale on Wednesday, October 21. The stock of Quintiles IMS Holdings Inc (NYSE:Q) earned “Hold” rating by Zacks on Thursday, August 20. As per Wednesday, October 19, the company rating was downgraded by Jefferies. Piper Jaffray downgraded the shares of Q in report on Thursday, October 27 to “Neutral” rating. Goldman Sachs downgraded the stock to “Neutral” rating in Friday, December 16 report. UBS maintained the stock with “Buy” rating in Wednesday, October 5 report.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.