PNC Financial Services Group Inc. increased its position in Grifols SA (NASDAQ:GRFS) by 22.0% during the second quarter, Holdings Channel reports. The institutional investor owned 6,870 shares of the company’s stock after buying an additional 1,239 shares during the period. PNC Financial Services Group Inc.’s holdings in Grifols SA were worth $114,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in GRFS. BlackRock Fund Advisors boosted its position in Grifols SA by 122.4% in the first quarter. BlackRock Fund Advisors now owns 1,971,950 shares of the company’s stock worth $30,506,000 after buying an additional 1,085,139 shares in the last quarter. Riverhead Capital Management LLC boosted its position in Grifols SA by 96.0% in the first quarter. Riverhead Capital Management LLC now owns 39,396 shares of the company’s stock worth $610,000 after buying an additional 19,296 shares in the last quarter. Pacad Investment Ltd. bought a new position in Grifols SA during the first quarter worth approximately $196,000. OLD Mission Capital LLC boosted its position in Grifols SA by 1,452.7% in the first quarter. OLD Mission Capital LLC now owns 98,409 shares of the company’s stock worth $1,522,000 after buying an additional 92,071 shares in the last quarter. Finally, UBS Group AG boosted its position in Grifols SA by 106.5% in the first quarter. UBS Group AG now owns 2,013,262 shares of the company’s stock worth $31,146,000 after buying an additional 1,038,539 shares in the last quarter. 20.18% of the stock is owned by institutional investors and hedge funds.
Shares of Grifols SA (NASDAQ:GRFS) traded down 1.45% during midday trading on Tuesday, hitting $15.62. 106,261 shares of the stock were exchanged. The firm has a market cap of $21.35 billion, a PE ratio of 35.66 and a beta of 0.92. Grifols SA has a 52-week low of $14.07 and a 52-week high of $18.04. The firm’s 50-day moving average is $16.08 and its 200 day moving average is $16.06.
Separately, Zacks Investment Research raised shares of Grifols SA from a “sell” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Wednesday, September 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Grifols SA currently has a consensus rating of “Hold” and a consensus price target of $20.25.
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