Caprock Group LLC Makes New Investment in Sanofi $SNY

Caprock Group LLC acquired a new stake in shares of Sanofi (NASDAQ:SNYFree Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 27,229 shares of the company’s stock, valued at approximately $1,347,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Financial Consulate Inc. bought a new stake in Sanofi in the third quarter worth $26,000. First Horizon Corp bought a new stake in shares of Sanofi in the 3rd quarter worth about $33,000. Salomon & Ludwin LLC boosted its stake in shares of Sanofi by 1,046.3% during the 3rd quarter. Salomon & Ludwin LLC now owns 768 shares of the company’s stock worth $39,000 after purchasing an additional 701 shares during the period. Nisa Investment Advisors LLC raised its position in Sanofi by 233.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the company’s stock worth $48,000 after purchasing an additional 700 shares during the period. Finally, Traub Capital Management LLC bought a new stake in Sanofi in the second quarter worth about $51,000. 14.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SNY. TD Cowen restated a “hold” rating on shares of Sanofi in a report on Tuesday, December 30th. Barclays lowered shares of Sanofi from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 6th. HSBC reaffirmed a “buy” rating on shares of Sanofi in a research note on Wednesday, December 10th. Citigroup started coverage on shares of Sanofi in a research report on Tuesday, January 27th. They issued a “neutral” rating for the company. Finally, Guggenheim lowered shares of Sanofi from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 9th. Five research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $62.67.

Check Out Our Latest Research Report on SNY

Key Sanofi News

Here are the key news stories impacting Sanofi this week:

Sanofi Price Performance

NASDAQ SNY opened at $46.01 on Friday. The company has a market cap of $112.22 billion, a PE ratio of 12.78, a P/E/G ratio of 1.20 and a beta of 0.45. The firm’s 50 day moving average price is $47.73 and its 200-day moving average price is $48.59. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.29 and a current ratio of 1.09. Sanofi has a 52-week low of $44.62 and a 52-week high of $60.12.

Sanofi Profile

(Free Report)

Sanofi (NASDAQ:SNY) is a multinational pharmaceutical company headquartered in France that researches, develops, manufactures and markets prescription medicines, vaccines and consumer healthcare products. The company operates across multiple therapeutic areas, including immunology, rare diseases, oncology, cardiovascular and metabolic diseases, and vaccines through its Sanofi Pasteur division. Sanofi sells products to hospitals, clinics, governments and retail pharmacies, with a broad global footprint and significant presence in Europe, North America and emerging markets.

Key commercial offerings include specialty biologics and established small-molecule medicines.

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Institutional Ownership by Quarter for Sanofi (NASDAQ:SNY)

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