The company has analyst rating of 1.70 on scale of 1-5. Bristol Advisors LLC's holdings in Astrazeneca PLC were worth $566,000 at the end of the most recent reporting period. The ASX listed company saw a recent bid of 0.52 and 323232 shares have traded hands in the session. Wells Fargo & Company MN increased its stake in shares of Astrazeneca PLC by 41.6% in the first quarter. First Manhattan Co. now owns 9,970 shares of the company's stock valued at $327,000 after buying an additional 370 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Astrazeneca PLC by 476.9% in the second quarter. The number of shares now owned by investors are 2.51 bln. Now we move forward to observe the past performance of AstraZeneca PLC (AZN), a United Kingdom based stock. BlackRock Inc. now owns 6,910,657 shares of the company's stock worth $215,198,000 after buying an additional 6,908,257 shares during the last quarter. It also reduced its holding in Devon Energy Corporation (NYSE:DVN) by 18,067 shares in the quarter, leaving it with 22,914 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).
In other AstraZeneca plc news, insider Nazneen Rahman bought 39 shares of the company's stock in a transaction that occurred on Thursday, July 27th.
Astrazeneca PLC (NYSE:AZN) traded up 0.2632% on Thursday, reaching $29.1365. The firm has a 50-day moving average price of GBX 4,902.15 and a 200-day moving average price of GBX 4,866.23. Astrazeneca PLC has a 52-week low of $25.55 and a 52-week high of $35.60. The stock has a market capitalization of $73.77 billion, a P/E ratio of 19.1122 and a beta of 0.74. During the same quarter in the prior year, the company posted $0.83 earnings per share. The company had revenue of $5.05 billion during the quarter, compared to analysts' expectations of $5.04 billion. Astrazeneca PLC had a net margin of 17.80% and a return on equity of 35.90%. The firm's quarterly revenue was down 9.9% on a year-over-year basis. During the same period past year, the business posted $0.83 earnings per share.
The company also recently announced a dividend, which will be paid on Monday, September 11th. Stockholders of record on Thursday, August 10th will be given a dividend of GBX 68.90 ($0.89) per share. The ex-dividend date of this dividend is Wednesday, August 9th. The stock was acquired at an average price of GBX 4,370 ($56.73) per share, for a total transaction of £1,704.30 ($2,212.51). Astrazeneca PLC's dividend payout ratio (DPR) is 44.92%.
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Several other research analysts also recently commented on AZN.
AstraZeneca plc (LON:AZN) received a GBX 4,500 ($58.42) price target from investment analysts at S&P Global in a report released on Thursday, July 27th. Barclays PLC reiterated an overweight rating on shares of Astrazeneca PLC in a research note on Monday, July 3rd. UBS downgraded the shares of AZN in report on Wednesday, April 5 to "Neutral" rating. Zacks Investment Research lowered shares of Astrazeneca PLC from a "strong-buy" rating to a "sell" rating in a research report on Monday, July 17th. Goldman Sachs Group, Inc. Liberum Capital reaffirmed a buy rating and set a GBX 5,500 ($71.40) target price on shares of AstraZeneca plc in a research note on Monday, June 5th. 1 and 2 is equivalent to a buy rating, 3 a hold rating, and 4 and 5 a sell rating. AstraZeneca plc presently has a consensus rating of Hold and an average target price of GBX 4,932.67 ($64.04).
AstraZeneca PLC (NYSE:AZN) soared 6.44% year-to-date.