Franklin Resources Inc. acquired a new stake in Takeda Pharmaceutical Company Limited (NYSE:TAK – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,028 shares of the company’s stock, valued at approximately $244,000.
Several other large investors also recently modified their holdings of TAK. Public Employees Retirement System of Ohio acquired a new stake in Takeda Pharmaceutical in the third quarter valued at $601,000. Verition Fund Management LLC acquired a new stake in shares of Takeda Pharmaceutical in the 3rd quarter valued at about $1,533,000. HighTower Advisors LLC lifted its position in shares of Takeda Pharmaceutical by 199.5% during the third quarter. HighTower Advisors LLC now owns 122,587 shares of the company’s stock worth $1,744,000 after purchasing an additional 81,653 shares during the last quarter. XTX Topco Ltd acquired a new position in Takeda Pharmaceutical in the third quarter worth about $957,000. Finally, Creative Planning increased its holdings in Takeda Pharmaceutical by 46.3% in the third quarter. Creative Planning now owns 157,630 shares of the company’s stock valued at $2,242,000 after buying an additional 49,871 shares during the last quarter. 9.17% of the stock is currently owned by institutional investors and hedge funds.
Takeda Pharmaceutical Trading Up 0.5 %
NYSE:TAK opened at $13.24 on Thursday. Takeda Pharmaceutical Company Limited has a 52 week low of $12.57 and a 52 week high of $15.08. The company has a quick ratio of 0.77, a current ratio of 1.28 and a debt-to-equity ratio of 0.64. The company has a market cap of $42.13 billion, a PE ratio of 22.83, a P/E/G ratio of 0.25 and a beta of 0.51. The business’s 50 day moving average is $13.54 and its two-hundred day moving average is $13.87.
Takeda Pharmaceutical Profile
Takeda Pharmaceutical Company Limited engages in the research, development, manufacture, marketing, and out-licensing of pharmaceutical products in Japan and internationally. It offers pharmaceutical products in the areas of gastroenterology, rare diseases, plasma derived therapies, immunology, oncology, and neuroscience.
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