CKW Financial Group lessened its holdings in Eli Lilly And Co (NYSE:LLY) by 20.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 800 shares of the company’s stock after selling 200 shares during the period. CKW Financial Group’s holdings in Eli Lilly And Co were worth $93,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. Carroll Financial Associates Inc. increased its position in shares of Eli Lilly And Co by 1.3% in the fourth quarter. Carroll Financial Associates Inc. now owns 7,029 shares of the company’s stock worth $810,000 after purchasing an additional 91 shares during the period. Northside Capital Management LLC lifted its stake in shares of Eli Lilly And Co by 0.7% in the fourth quarter. Northside Capital Management LLC now owns 17,403 shares of the company’s stock worth $2,014,000 after acquiring an additional 129 shares during the period. Cornerstone Advisors Inc. lifted its stake in shares of Eli Lilly And Co by 21.3% in the third quarter. Cornerstone Advisors Inc. now owns 776 shares of the company’s stock worth $83,000 after acquiring an additional 136 shares during the period. Cozad Asset Management Inc. lifted its stake in shares of Eli Lilly And Co by 6.8% in the fourth quarter. Cozad Asset Management Inc. now owns 2,493 shares of the company’s stock worth $288,000 after acquiring an additional 159 shares during the period. Finally, MPS Loria Financial Planners LLC lifted its stake in shares of Eli Lilly And Co by 9.1% in the fourth quarter. MPS Loria Financial Planners LLC now owns 2,046 shares of the company’s stock worth $236,000 after acquiring an additional 170 shares during the period. 77.00% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities analysts recently commented on the company. Zacks Investment Research reaffirmed a “hold” rating and issued a $120.00 price objective on shares of Eli Lilly And Co in a research note on Monday, December 31st. Argus reaffirmed a “buy” rating on shares of Eli Lilly And Co in a research note on Thursday, December 27th. BMO Capital Markets lifted their target price on Eli Lilly And Co from $124.00 to $132.00 and gave the stock an “outperform” rating in a report on Monday, December 24th. They noted that the move was a valuation call. Morgan Stanley set a $116.00 target price on Eli Lilly And Co and gave the stock a “hold” rating in a report on Thursday, December 20th. Finally, Citigroup downgraded Eli Lilly And Co from a “buy” rating to a “neutral” rating and set a $113.00 target price for the company. in a report on Sunday, December 2nd. Ten investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $111.50.
NYSE LLY opened at $119.16 on Friday. The company has a market cap of $123.73 billion, a PE ratio of 27.84, a PEG ratio of 1.78 and a beta of 0.33. Eli Lilly And Co has a 52 week low of $73.69 and a 52 week high of $119.84. The company has a quick ratio of 1.53, a current ratio of 1.91 and a debt-to-equity ratio of 0.83.
Eli Lilly And Co (NYSE:LLY) last released its quarterly earnings data on Tuesday, November 6th. The company reported $1.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.35 by $0.04. The firm had revenue of $6.06 billion during the quarter, compared to the consensus estimate of $6.04 billion. Eli Lilly And Co had a return on equity of 42.84% and a net margin of 1.85%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.05 earnings per share. On average, equities analysts anticipate that Eli Lilly And Co will post 5.58 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Stockholders of record on Friday, February 15th will be issued a dividend of $0.645 per share. This is an increase from Eli Lilly And Co’s previous quarterly dividend of $0.56. The ex-dividend date is Thursday, February 14th. This represents a $2.58 annualized dividend and a dividend yield of 2.17%. Eli Lilly And Co’s payout ratio is currently 52.57%.
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Eli Lilly And Co Company Profile
Eli Lilly and Company discovers, develops, manufactures, and markets pharmaceutical products worldwide. The company operates through two segments, Human Pharmaceutical Products and Animal Health Products. It offers endocrinology products for the treatment of diabetes; osteoporosis in postmenopausal women and men; and human growth hormone deficiency and pediatric growth conditions.
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