State Of New Jersey Common Pension Fund D Increased Its Stake in Lilly Eli & Co (LLY) by $4.62 Million; Shares Rose

June 27, 2018 - By Georgina Andrews

Eli Lilly and Company (NYSE:LLY) Corporate LogoBig Money Sentiment decreased to 0.78 in Q1 2018. It has change of 0.32, from 2017Q4’s 1.1. The ratio fall due to LLY positioning: 76 sold and 427 reduced. 82 funds amassed positions and 308 increased positions. Investors holded 827.08 million in 2017Q4 but now own 810.94 million shares or 1.95% less. Vident Invest Advisory Lc holds 11,996 shs. National Bank Of Stockton holds 4,255 shs. Garrison Corporation has invested 0.35% in Eli Lilly and Company (NYSE:LLY). Virginia Retirement Sys Et Al invested 0.5% of its capital in Eli Lilly and Company (NYSE:LLY). Kornitzer Mgmt Ks invested in 0.38% or 286,947 shs. Ajo LP has invested 0.56% in Eli Lilly and Company (NYSE:LLY). Cibc Asset Mgmt Incorporated owns 99,522 shs for 0.05% of their capital. Hrt Limited Liability Com has 0.58% invested in Eli Lilly and Company (NYSE:LLY) for 15,748 shs. Legacy Private stated it has 0.08% of its capital in Eli Lilly and Company (NYSE:LLY). Eastern Savings Bank holds 0.07% or 12,230 shs. Paloma Prns Mngmt accumulated 0.02% or 14,109 shs. North Star Management Corporation invested in 14,910 shs. 535,035 were accumulated by Kbc Grp Inc Nv. Thrivent For Lutherans reported 0.09% of its capital in Eli Lilly and Company (NYSE:LLY). West Chester Cap holds 7,681 shs.

LLY had 19 selling transactions and 1 buying transaction since February 1, 2018. This’s net activity of $92.69 million. On Thursday, May 31 $2.13M worth of Eli Lilly and Company (NYSE:LLY) was sold by Conterno Enrique A. The insider Zakrowski Donald A sold $65,790. The insider Simmons Jeffrey N sold $708,620. On Friday, April 13 the insider Mahony Susan sold $1.81M. 8,426 shs were sold by Shaw Christi, worth $691,775. On Thursday, June 14 $862,200 worth of stock was bought by Skovronsky Daniel.

In Lilly Eli & Co (LLY) was increased the stake owned by State Of New Jersey Common Pension Fund D. The decrease is 3.04% according to 2018Q1 SEC form. The company’s stock popped up 3.23% while State Of New Jersey Common Pension Fund D bought 60,000 shares. The major pharmaceuticals company announced $157.25M value for the 2018Q1. Now the institutional investor is holding 2.03 million shares, compared to the 1.97M from the previous quarter. $86.95 billion is Lilly Eli & Co’s market cap. LLY touched $85.19 during the last trading session after $0.08 change.Eli Lilly and Company has volume of 989,914 shares. Since June 27, 2017 LLY has risen 5.65% and is uptrending. LLY underperformed the S&P 500 by 6.92%.

State Of New Jersey Common Pension Fund D decreased its stake in Zoetis Inc (NYSE:ZTS) by 120,000 shares to 818,234 shares, valued at $68.33 million in 2018Q1, according to the filing. It operates about $25.99 billion US Long portfolio. State Of New Jersey Common Pension Fund D has cut its stake in Mercadolibre Inc (NASDAQ:MELI) and also reduced its holding in Visa Inc (NYSE:V) by 50,000 shares in the quarter, for a total of 2.41 million shares.

A couple more Eli Lilly and Company (NYSE:LLY) news were brought out by: Streetinsider.com which released on June 25, 2018 “Boehringer Ingelheim, Lilly (LLY) Announce Phase III for Empagliflozin as Adjunct to Insulin in Type 1 Diabetes Met …”, also Streetinsider.com on June 25, 2018 brought out “Eli Lilly & Co. (LLY) Highlights Promise of Once-Weekly Trulicity (dulaglutide) in Data from Phase 2 study”, the next Streetinsider.com is “Eli Lilly & Co. (LLY) Highlights New Data from Three Phase 1b Studies Evaluating URLi Compared to Humalog” on June 25, 2018. Fool.com has article titled “Is Pfizer’s Lead Growth Driver in Trouble?”.

Eli Lilly and Company (NYSE:LLY) Ratings Coverage

In total 12 analysts cover Eli Lilly (NYSE:LLY). “Buy” rating has 6, “Sell” are 1, while 5 are “Hold”. 50% are bullish. 19 are the (NYSE:LLY)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. On Monday, February 26 the rating was maintained by Jefferies with “Buy”. On Thursday, February 1 the stock of Eli Lilly and Company (NYSE:LLY) earned “Neutral” rating by Bank of America. The stock rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, April 25. On Thursday, February 1 the stock of Eli Lilly and Company (NYSE:LLY) earned “Hold” rating by Leerink Swann. On Thursday, June 7 the stock has “Buy” rating by Cantor Fitzgerald. On Tuesday, January 16 the stock of Eli Lilly and Company (NYSE:LLY) has “Hold” rating given by Goldman Sachs. On Monday, June 11 the rating was maintained by J.P. Morgan with “Buy”. On Friday, June 22 the stock has “Hold” rating by DZ Bank. On Tuesday, May 22 the firm has “Buy” rating given by Barclays Capital. In Thursday, June 21 report Credit Suisse maintained it with “Underperform” rating and $84 target.

Eli Lilly and Company (NYSE:LLY) Institutional Investors Chart

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