According to today's trading volume Eli Lilly and Company is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.
Other hedge funds also recently added to or reduced their stakes in the company.
Shares of Eli Lilly and (NYSE:LLY) traded down 0.18% during trading on Wednesday, reaching $73.25.
Eli Lilly has raised its 2017 adjusted EPS outlook to US$4.15 to US$4.25 from US$4.10 from US$4.20. The company's price to sales ratio for trailing twelve months is 11.91 and price to book ratio for most recent quarter is 16.28, whereas price to cash per share for the most recent quarter is 10.51. If faced, it would be a -16.27% drop from its current position. Davenport & Co LLC expanded its holdings by buying 552 shares an increase of 1.9% in the quarter. The Stock has YTD (year to date) performance of 18.53 percent.
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Lilly Endowment Inc decreased its stake in Eli Lilly And Company (LLY) by 0.34% based on its latest 2017Q2 regulatory filing with the SEC. Koshinski Asset Mngmt holds 0% of its portfolio in Eli Lilly and Co (NYSE:LLY) for 6,215 shares. The 50 day moving average was up by +0.40% whereas the 200 day moving average was up $2.67 or +3.25%. The Market Cap of the company is $95.08 Billion.
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Eli Lilly and (NYSE:LLY) last released its earnings results on Tuesday, October 24th. As of the latest earnings report the EPS was $2.31 and is projected to be $4.16 for the current year with 1,055,000,000 shares now outstanding.
Analysts expected earnings of $1.03 per share on $5.52 billion in revenue, according to Zacks Investment Research. On average, equities analysts expect that Eli Lilly and will post $4.16 earnings per share for the current fiscal year. (NYSE:OKE). Cetera Advsr Llc invested in 0.01% or 4,239 shares. The ex-dividend date will be on Friday the 11th of August 2017. This represents a $2.08 annualized dividend and a dividend yield of 2.39%. Eli Lilly and's dividend payout ratio is now 88.70%.
LLY has been the topic of several recent analyst reports. Eli Lilly and presently has an average rating of "Hold" and a consensus price target of $89.12. On October 10 the company was changed to "Neutral" in a report from Credit Suisse a cut from the previous "Outperform" rating. Berenberg Bank reaffirmed a "buy" rating and set a $100.00 target price on shares of Eli Lilly and in a research note on Thursday, July 27th.
At the moment 22 analysts are watching Eli Lilly and Company (NASDAQ:LLY), 6 rate it "Buy", 7 "Outperform", 8 "Underperform", 1 "Sell", while 0 "Hold". Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the stock. Barclays PLC boosted their target price on shares of Eli Lilly and from $90.00 to $98.00 and gave the company an overweight rating in a research report on Friday, October 13th. The stock exchanged hands with 2,319,672 numbers of shares compared to its average daily volume of 3.62M shares. The stock was sold at an average price of $86.81, for a total value of $17,796,050.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Integrated Wealth Management now owns 1,389 shares of the company's stock valued at $112,000 after buying an additional 50 shares during the period. Over the past few months, insider ownership has seen a move of -1.19% while institutional ownership has changed -0.02%.
In an interview, Lilly Chief Executive Dave Ricks said the company made a decision to review options for Elanco now because it has mostly integrated some acquisitions that helped boost sales globally, notably the 2015 purchase of Novartis AG's animal-drug business for $5 billion.