Marshall Wace North America L.P. Takes $1.38 Million Position in Sanofi SA (NYSE:SNY)

Marshall Wace North America L.P. purchased a new stake in shares of Sanofi SA (NYSE:SNY) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 27,439 shares of the company’s stock, valued at approximately $1,378,000.

Other hedge funds have also modified their holdings of the company. Pacitti Group Inc. purchased a new position in shares of Sanofi during the fourth quarter valued at $29,000. Tompkins Financial Corp purchased a new position in shares of Sanofi during the fourth quarter valued at $31,000. Carmichael Hill & Associates Inc. purchased a new position in shares of Sanofi during the fourth quarter valued at $44,000. Fieldpoint Private Securities LLC grew its holdings in shares of Sanofi by 110.2% during the fourth quarter. Fieldpoint Private Securities LLC now owns 992 shares of the company’s stock valued at $50,000 after buying an additional 520 shares in the last quarter. Finally, Evolution Wealth Advisors LLC grew its holdings in shares of Sanofi by 436.2% during the fourth quarter. Evolution Wealth Advisors LLC now owns 1,126 shares of the company’s stock valued at $57,000 after buying an additional 916 shares in the last quarter. Institutional investors and hedge funds own 7.04% of the company’s stock.

Shares of NYSE SNY opened at $41.37 on Thursday. The business’s 50-day moving average price is $47.13 and its two-hundred day moving average price is $47.31. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.22 and a quick ratio of 0.85. Sanofi SA has a one year low of $37.62 and a one year high of $51.84. The company has a market capitalization of $101.49 billion, a P/E ratio of 13.22, a price-to-earnings-growth ratio of 2.41 and a beta of 0.67.

Sanofi (NYSE:SNY) last issued its earnings results on Thursday, February 6th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.04. Sanofi had a return on equity of 18.18% and a net margin of 12.20%. The firm had revenue of $10.64 billion for the quarter, compared to the consensus estimate of $11.12 billion. On average, equities analysts anticipate that Sanofi SA will post 3.1 EPS for the current year.

A number of research analysts have recently weighed in on SNY shares. Argus lifted their price target on Sanofi from $52.00 to $56.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. DZ Bank reiterated a “neutral” rating on shares of Sanofi in a report on Friday, February 7th. SVB Leerink started coverage on Sanofi in a report on Tuesday, February 11th. They set a “market perform” rating and a $58.00 price target on the stock. Liberum Capital downgraded Sanofi from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Finally, Zacks Investment Research downgraded Sanofi from a “buy” rating to a “hold” rating and set a $54.00 price target on the stock. in a report on Wednesday, February 19th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Sanofi presently has an average rating of “Buy” and a consensus price target of $55.00.

Sanofi Company Profile

Sanofi provides therapeutic solutions. It offers Cerezyme and Cerdelga for Gaucher disease, Myozyme and Lumizyme for Pompe disease, Fabrazyme for Fabry disease, and Aldurazyme for mucopolysaccharidosis Type 1; Aubagio, an immunomodulatory; and Lemtrada, a monoclonal antibody to treat multiple sclerosis.

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Institutional Ownership by Quarter for Sanofi (NYSE:SNY)

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