HM Capital Management LLC Grows Holdings in Merck & Company, Inc. (MRK)

HM Capital Management LLC increased its holdings in shares of Merck & Company, Inc. (NYSE:MRK) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,825 shares of the company’s stock after purchasing an additional 91 shares during the quarter. HM Capital Management LLC’s holdings in Merck & were worth $245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. OLD Second National Bank of Aurora lifted its holdings in shares of Merck & by 2.5% during the second quarter. OLD Second National Bank of Aurora now owns 39,101 shares of the company’s stock valued at $2,506,000 after purchasing an additional 939 shares in the last quarter. Berkshire Asset Management LLC PA lifted its holdings in shares of Merck & by 2.1% during the second quarter. Berkshire Asset Management LLC PA now owns 188,161 shares of the company’s stock valued at $12,059,000 after purchasing an additional 3,913 shares in the last quarter. Breton Hill Capital Ltd. lifted its holdings in shares of Merck & by 34.6% during the second quarter. Breton Hill Capital Ltd. now owns 60,559 shares of the company’s stock valued at $3,881,000 after purchasing an additional 15,578 shares in the last quarter. Investment Partners Ltd. OH ADV lifted its holdings in shares of Merck & by 0.9% during the second quarter. Investment Partners Ltd. OH ADV now owns 14,800 shares of the company’s stock valued at $949,000 after purchasing an additional 127 shares in the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH lifted its holdings in shares of Merck & by 41.9% during the second quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 296,294 shares of the company’s stock valued at $19,028,000 after purchasing an additional 87,443 shares in the last quarter. 73.02% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have recently issued reports on MRK shares. Jefferies Group LLC reaffirmed a “sell” rating and set a $51.00 price target on shares of Merck & in a report on Wednesday, May 24th. Zacks Investment Research downgraded Merck & from a “buy” rating to a “hold” rating in a report on Thursday, May 25th. BMO Capital Markets reaffirmed a “buy” rating and set a $74.00 price target on shares of Merck & in a report on Tuesday, June 6th. Credit Suisse Group set a $72.00 target price on Merck & and gave the company a “buy” rating in a report on Tuesday, June 6th. Finally, BidaskClub raised Merck & from a “sell” rating to a “hold” rating in a report on Thursday, June 22nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $70.00.

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Shares of Merck & Company, Inc. (NYSE MRK) traded down 0.340% during mid-day trading on Friday, reaching $65.895. The company’s stock had a trading volume of 8,167,589 shares. The firm has a market cap of $179.72 billion, a P/E ratio of 35.677 and a beta of 0.81. The firm’s 50-day moving average price is $63.34 and its 200 day moving average price is $63.72. Merck & Company, Inc. has a 12-month low of $58.29 and a 12-month high of $66.80.

Merck & (NYSE:MRK) last posted its quarterly earnings data on Friday, July 28th. The company reported $1.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.14. The company had revenue of $9.93 billion during the quarter, compared to analyst estimates of $9.75 billion. Merck & had a return on equity of 26.02% and a net margin of 17.14%. Merck &’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the business earned $0.93 EPS. On average, analysts expect that Merck & Company, Inc. will post $3.87 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Friday, September 15th will be given a $0.47 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.84%. Merck &’s dividend payout ratio (DPR) is presently 76.11%.

About Merck &

Merck & Co, Inc is a global healthcare company. The Company offers health solutions through its prescription medicines, vaccines, biologic therapies and animal health products. It operates through four segments: Pharmaceutical, Animal Health, Healthcare Services and Alliances. The Company’s Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures.

Institutional Ownership by Quarter for Merck & (NYSE:MRK)

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