The stock declined 0.45% or $0.31 reaching $68 per share. The institutional investor held 80,835 shares of the major pharmaceuticals company at the end of 2016Q4, valued at $6.73M, down from 129,649 at the end of the previous reported quarter. Perrigo Co Plc now has $9.80B valuation. The stock declined 0.50% or $0.17 reaching $33.76 on the news. Americafirst Cap Lc holds 1,452 shares.
Shares of Perrigo Company (PRGO) traded down 1.14% during mid-day trading on Friday, hitting $67.53. It has underperformed by 39.70% the S&P500. Los Angeles Capital Management & Equity Research reported 0.22% stake. The California-based First Pacific Advisors Llc has invested 5.52% in the stock. Kbc Group Nv bolstered its holdings by buying 1,505 shares an increase of 12.8% in the quarter.
It closed at $21.86 lastly. It is down 22.14% since August 4, 2016 and is downtrending. It has underperformed by 18.23% the S&P500. Its up 0.06, from 0.76 in 2016Q3. Sio Cap Management Ltd Liability Corp invested in 1.42% or 29,329 shares. 62 funds opened positions while 151 raised stakes. Montecito Retail Bank And Tru invested 0.06% in Perrigo Company plc Ordinary Shares (NYSE:PRGO). Arbor Inv Advsr Llc holds 0.19% or 2,849 shares in its portfolio. Southeastern Asset Management Inc Tn owns 5.77 million shares or 6.1% of their USA portfolio. Ig Invest Mgmt holds 0.07% or 157,220 shares in its portfolio. Kingstown Capital Management L.P., a New York-based fund reported 500,000 shares. Kbc Gp Nv has 97,143 shares for 0.12% of their portfolio. Geode Mngmt Limited reported 1.29M shares. Sumitomo Life Insurance Commerce has 0.58% invested in McDonald's Corporation (NYSE:MCD).
Mountain Lake Investment Management Llc decreased Us Bancorp Del (NYSE:USB) stake by 50,000 shares to 150,000 valued at $7.71M in 2016Q4.
Since January 1, 0001, it had 0 buys, and 10 sales for $11.15 million activity. Teza Capital Management LLC purchased a new position in Perrigo during the first quarter worth $205,000. Three equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The firm has "Buy" rating given on Thursday, December 10 by Argus Research. On Wednesday, July 26 the stock rating was maintained by Morgan Stanley with "Equal-Weight".
News coverage about Perrigo (NYSE:PRGO) has been trending somewhat positive this week, according to Accern Sentiment. During the same quarter in the previous year, the business posted $1.32 EPS. PRGO's profit will be $142.29 million for 18.17 P/E if the $0.94 EPS becomes a reality. Grt Partners Lc reported 0.18% in Perrigo Company plc Ordinary Shares (NYSE:PRGO).
Investors sentiment increased to 0.82 in Q4 2016. Its up 0.06, from 0.76 in 2016Q3. It improved, as 76 investors sold PRGO shares while 156 reduced holdings. 112 funds opened positions while 441 raised stakes. The value of the investment in Perrigo Company plc Ordinary Sh decreased from $20,703,000 to $10,034,000 a change of 51.5% since the last quarter. Credit Agricole S A invested in 184,762 shares. Grantham Mayo Van Otterloo & Limited holds 0.89% or 1.36 million shares.
Starboard Value Lp holds 23.32% of its portfolio in Perrigo Company plc Ordinary Shares for 9.51 million shares. 13D Mgmt Ltd Liability Corp accumulated 95,180 shares. Somerville Kurt F sold 20,186 shares as the company's stock declined 16.20% while stock markets rallied. Perrigo Company plc Ordinary Sh declared a dividend for shareholders which was paid on Tuesday the 13th of June 2017. Qs invested 0% in Perrigo Company plc Ordinary Shares (NYSE:PRGO).
Shares Trading up at $75.53 (PRGO) Perrigo Announces The Launch Of The AB... Keybank National Association Oh has 4,294 shares.
Tower Bridge Advisors increased Medtronic Plc (NYSE:MDT) stake by 106,873 shares to 119,531 valued at $8.51 million in 2016Q4. Addenda Inc reported 110,850 shares. Livanova Plc was raised too. BidaskClub lowered shares of Perrigo from a "hold" rating to a "sell" rating in a report on Monday, July 31st. Perrigo Company Plc had 52 analyst reports since October 23, 2015 according to SRatingsIntel. Johnson Financial Group Inc. now owns 1,775 shares of the company's stock worth $118,000 after buying an additional 240 shares during the period. The stock of Perrigo Company plc Ordinary Shares (NYSE:PRGO) earned "Buy" rating by Deutsche Bank on Thursday, August 11. The firm earned "Overweight" rating on Tuesday, April 26 by Barclays Capital. Deutsche Bank AG's price target indicates a potential upside of 28.82% from the company's current price. The firm has "Hold" rating by Stifel Nicolaus given on Monday, April 25.
A number of equities research analysts have recently issued reports on PRGO shares. The firm has "Neutral" rating given on Friday, March 3 by B. Riley & Co.
Dorsey & Whitney Trust Company Llc decreased Shire Plc (NASDAQ:SHPG) stake by 4,445 shares to 1,999 valued at $341,000 in 2016Q4.