Rafael Holdings Inc (NYSEAMERICAN:RFL) Shares Purchased by Kahn Brothers Group Inc. DE

Kahn Brothers Group Inc. DE increased its holdings in shares of Rafael Holdings Inc (NYSEAMERICAN:RFL) by 0.6% during the third quarter, HoldingsChannel.com reports. The fund owned 434,660 shares of the company’s stock after buying an additional 2,739 shares during the period. Rafael accounts for about 1.1% of Kahn Brothers Group Inc. DE’s holdings, making the stock its 18th largest holding. Kahn Brothers Group Inc. DE’s holdings in Rafael were worth $9,110,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of RFL. Aperio Group LLC acquired a new position in Rafael during the second quarter worth about $29,000. Wells Fargo & Company MN boosted its position in Rafael by 663.8% during the second quarter. Wells Fargo & Company MN now owns 9,990 shares of the company’s stock worth $287,000 after acquiring an additional 8,682 shares during the last quarter. Bank of Montreal Can boosted its position in Rafael by 342.1% during the second quarter. Bank of Montreal Can now owns 1,008 shares of the company’s stock worth $29,000 after acquiring an additional 780 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new position in Rafael during the second quarter worth about $724,000. Finally, Bank of New York Mellon Corp boosted its position in Rafael by 245.6% during the second quarter. Bank of New York Mellon Corp now owns 38,949 shares of the company’s stock worth $1,120,000 after acquiring an additional 27,679 shares during the last quarter.

RFL traded up $0.03 on Friday, reaching $16.32. 10,531 shares of the company’s stock were exchanged, compared to its average volume of 49,665. Rafael Holdings Inc has a twelve month low of $6.90 and a twelve month high of $30.86.

Rafael (NYSEAMERICAN:RFL) last posted its quarterly earnings results on Thursday, October 3rd. The company reported ($0.16) earnings per share for the quarter. The company had revenue of $1.40 million for the quarter.

Rafael Company Profile

Rafael Holdings, Inc holds commercial real estate assets. The company, through its subsidiaries, engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells. Rafael Holdings, Inc is headquartered in Newark, New Jersey.

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Institutional Ownership by Quarter for Rafael (NYSEAMERICAN:RFL)

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