Greenleaf Trust reduced its stake in shares of Sanofi (NASDAQ:SNY – Free Report) by 30.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,592 shares of the company’s stock after selling 4,222 shares during the period. Greenleaf Trust’s holdings in Sanofi were worth $463,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in SNY. Stablepoint Partners LLC raised its stake in shares of Sanofi by 0.8% in the 3rd quarter. Stablepoint Partners LLC now owns 23,893 shares of the company’s stock valued at $1,377,000 after acquiring an additional 189 shares in the last quarter. Abel Hall LLC raised its position in shares of Sanofi by 1.8% in the fourth quarter. Abel Hall LLC now owns 10,990 shares of the company’s stock valued at $530,000 after purchasing an additional 194 shares during the period. PDS Planning Inc lifted its stake in shares of Sanofi by 3.1% in the third quarter. PDS Planning Inc now owns 6,643 shares of the company’s stock worth $383,000 after buying an additional 200 shares during the last quarter. Eagle Ridge Investment Management boosted its holdings in shares of Sanofi by 3.8% during the 3rd quarter. Eagle Ridge Investment Management now owns 5,571 shares of the company’s stock worth $321,000 after buying an additional 203 shares during the period. Finally, Financial Advocates Investment Management grew its stake in Sanofi by 3.4% in the 3rd quarter. Financial Advocates Investment Management now owns 6,327 shares of the company’s stock valued at $365,000 after buying an additional 206 shares during the last quarter. Institutional investors own 14.04% of the company’s stock.
Sanofi Trading Up 0.3 %
Shares of SNY opened at $53.50 on Wednesday. The stock’s 50-day moving average price is $49.44 and its 200 day moving average price is $52.34. The company has a quick ratio of 0.74, a current ratio of 1.46 and a debt-to-equity ratio of 0.15. Sanofi has a 12-month low of $45.22 and a 12-month high of $58.97. The firm has a market capitalization of $135.77 billion, a price-to-earnings ratio of 21.49, a P/E/G ratio of 1.26 and a beta of 0.57.
Analysts Set New Price Targets
A number of equities analysts have recently commented on SNY shares. Deutsche Bank Aktiengesellschaft upgraded Sanofi from a “sell” rating to a “hold” rating in a research note on Thursday, January 30th. StockNews.com cut Sanofi from a “buy” rating to a “hold” rating in a research report on Thursday, December 12th. Finally, Sanford C. Bernstein raised shares of Sanofi to a “strong-buy” rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $60.00.
Check Out Our Latest Report on Sanofi
Sanofi Company Profile
Sanofi, a healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, Canada, and internationally. It operates through Pharmaceuticals, Vaccines, and Consumer Healthcare segments. The company provides specialty care, such as DUPIXENT, neurology and immunology, rare diseases, oncology, and rare blood disorders; medicines for diabetes and cardiovascular diseases; and established prescription products.
Further Reading
- Five stocks we like better than Sanofi
- How to Invest in the Best Canadian Stocks
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- Are Penny Stocks a Good Fit for Your Portfolio?
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- 3 Monster Growth Stocks to Buy Now
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Want to see what other hedge funds are holding SNY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sanofi (NASDAQ:SNY – Free Report).
Receive News & Ratings for Sanofi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sanofi and related companies with MarketBeat.com's FREE daily email newsletter.