Eli Lilly and Company (LLY) Position Lessened by Riverhead Capital Management LLC

Mae Love
November 14, 2017

The Criterion Capital Management Llc holds 690,757 shares with $59.92 million value, up from 299,284 last quarter. Fortinet Inc now has $6.95B valuation.

According to Finviz reported data, The SMA20 of the stock is at -1.84 percent, SMA50 is -1.59 percent, while SMA200 is 0.68 percent. About 797,153 shares traded. It has outperformed by 45.93% the S&P500.

Here are a few institutional investors who have updated their positions. Koshinski Asset Management Inc reported 6,215 shares. Finally, Geode Capital Management LLC raised its position in shares of Eli Lilly and by 8.4% in the first quarter. Voloridge Inv invested 0.48% of its portfolio in Eli Lilly and Co (NYSE:LLY). Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.52 per share. About 12,884 shares traded.

Eli Lilly and Company, launched on January 17, 1901, is involved in drug manufacturing business. It has underperformed by 12.00% the S&P500.

Since June 9, 2017, it had 0 buys, and 2 sales for $1.98 million activity. In the last three months, insiders have sold 772,003 shares of company stock worth $64,837,441.

Altfest L J & Company Inc increased Lilly Eli & Co (LLY) stake by 140.69% reported in 2017Q2 SEC filing.

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SVP & President, Lilly Int'l at Eli Lilly and Company, Zulueta Alfonso G on 2017-11-10 Sell 2003 shares of the company at a price of $83.67. 72 funds opened positions while 128 raised stakes. Short shares fell 2,871,823 over that period. Shares for $1.83 million were sold by Harrington Michael J. The New York-based Nbt Financial Bank N A New York has invested 0.15% in Eli Lilly and Co (NYSE:LLY). Gabelli Funds Limited Liability Corp reported 0.16% of its portfolio in Eli Lilly and Co (NYSE:LLY). FIL Ltd owned approximately 0.07% of Eli Lilly and worth $56,956,000 as of its most recent filing with the Securities & Exchange Commission. Finally, Sfmg LLC grew its holdings in shares of Eli Lilly and by 0.5% in the second quarter. Barclays Capital maintained Eli Lilly and Co (NYSE:LLY) rating on Friday, April 7. The investment professionals in our database now have: 1.45 million shares, down from 1.46 million shares in 2017Q1. Prudential Fincl Incorporated has 1.35M shares for 0.17% of their portfolio. Westwood Group holds 2,610 shares. Cohen Klingenstein Limited Liability Co reported 1.21% of its portfolio in Eli Lilly and Co (NYSE:LLY). Suntrust Banks Inc owns 0.01% invested in Motorola Solutions Inc (NYSE:MSI) for 29,422 shares. Hanseatic Mngmt Ser Inc holds 0.01% or 322 shares in its portfolio. Bp Public Ltd Co has 113,000 shares. It also reduced Aimmune Therapeutics Inc stake by 24,620 shares and now owns 558,946 shares. Procter & Gamble Co (NYSE:PG) was reduced too. Out of 4 Wall Street analysts rating Eli Lilly, 4 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". Therefore 20% are positive.

Traders are feeling more bullish on shares of the company recently considering the downtick in short interest. The rating was maintained by Deutsche Bank on Monday, July 17 with "Buy". Company would find it hard to sustain current growth rates in future. UBS initiated the shares of JNJ in report on Tuesday, September 22 with "Buy" rating. BMO Capital Markets restated a "sell" rating and issued a $73.00 price objective on shares of Eli Lilly and in a report on Wednesday, August 16th. Jefferies maintained the shares of LLY in report on Thursday, July 14 with "Buy" rating. Also, major shareholder Lilly Endowment Inc sold 205,000 shares of Eli Lilly and stock in a transaction dated Wednesday, October 4th. The company was maintained on Monday, May 2 by Leerink Swann. The firm has "Buy" rating by Cowen & Co given on Tuesday, October 3. As of the latest earnings report the EPS was $2.10 with 1.10B shares now outstanding. LLY's profit will be $1.19 billion for 19.21 P/E if the $1.08 EPS becomes a reality. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Therefore 73% are positive. Motorola Solutions had 37 analyst reports since August 6, 2015 according to SRatingsIntel. The company now has an average rating of "Hold" and a consensus target price of $89.76. The stock has "Hold" rating by Citigroup on Monday, September 25. Leerink Swann maintained the shares of LLY in report on Thursday, August 31 with "Hold" rating. Goldman Sachs has "Buy" rating and $57 target. RBC Capital Markets maintained the stock with "Buy" rating in Sunday, August 27 report.

Fred Alger Management Inc increased Clovis Oncology Inc (NASDAQ:CLVS) stake by 390,645 shares to 557,680 valued at $52.22 million in 2017Q2.

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