Los Angeles Capital Management & Equity Research Inc. Has $23.03 Million Stake in Quintiles Transitional Holdings Inc. (Q)

Los Angeles Capital Management & Equity Research Inc. lifted its position in Quintiles Transitional Holdings Inc. (NYSE:Q) by 4.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 242,198 shares of the medical research company’s stock after purchasing an additional 10,613 shares during the quarter. Los Angeles Capital Management & Equity Research Inc. owned 0.11% of Quintiles Transitional Holdings worth $23,026,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of Q. FMR LLC grew its holdings in shares of Quintiles Transitional Holdings by 11.2% in the 1st quarter. FMR LLC now owns 215,936 shares of the medical research company’s stock worth $17,389,000 after purchasing an additional 21,742 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of Quintiles Transitional Holdings in the 1st quarter worth about $4,957,000. KCG Holdings Inc. grew its holdings in shares of Quintiles Transitional Holdings by 6.3% in the 1st quarter. KCG Holdings Inc. now owns 4,460 shares of the medical research company’s stock worth $359,000 after purchasing an additional 264 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Quintiles Transitional Holdings by 174.6% in the 2nd quarter. State of Alaska Department of Revenue now owns 8,335 shares of the medical research company’s stock worth $745,000 after purchasing an additional 5,300 shares during the last quarter. Finally, Aperio Group LLC grew its holdings in shares of Quintiles Transitional Holdings by 14.0% in the 2nd quarter. Aperio Group LLC now owns 62,190 shares of the medical research company’s stock worth $5,566,000 after purchasing an additional 7,615 shares during the last quarter. 94.04% of the stock is currently owned by institutional investors and hedge funds.

Quintiles Transitional Holdings Inc. (NYSE:Q) opened at $103.48 on Thursday. The stock has a market cap of $21,866.72, a PE ratio of 23.63, a price-to-earnings-growth ratio of 1.70 and a beta of 0.65. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.29. Quintiles Transitional Holdings Inc. has a 52-week low of $71.90 and a 52-week high of $110.67.

Quintiles Transitional Holdings (NYSE:Q) last announced its quarterly earnings results on Thursday, October 26th. The medical research company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.01 billion. Quintiles Transitional Holdings had a net margin of 0.58% and a return on equity of 12.60%. Quintiles Transitional Holdings’s revenue for the quarter was up 77.6% on a year-over-year basis. During the same period last year, the company posted $1.00 EPS. equities research analysts anticipate that Quintiles Transitional Holdings Inc. will post 4.62 earnings per share for the current year.

Several research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Quintiles Transitional Holdings from a “hold” rating to a “buy” rating and set a $101.00 price target on the stock in a research report on Thursday, July 27th. William Blair upgraded shares of Quintiles Transitional Holdings from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $70.10 to $93.42 in a research report on Friday, August 4th. Barclays PLC set a $100.00 price target on shares of Quintiles Transitional Holdings and gave the stock a “buy” rating in a research report on Friday, August 4th. Jefferies Group LLC reiterated a “hold” rating and set a $94.00 price target on shares of Quintiles Transitional Holdings in a research report on Friday, August 4th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $92.00 price target (up previously from $87.00) on shares of Quintiles Transitional Holdings in a research report on Friday, August 4th. Eleven analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $103.15.

In related news, major shareholder Cpp Investment Board Private H sold 6,748,026 shares of the stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $94.87, for a total value of $640,185,226.62. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ari Bousbib sold 46,080 shares of the stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $95.65, for a total transaction of $4,407,552.00. Following the completion of the sale, the insider now owns 1,036,839 shares in the company, valued at $99,173,650.35. The disclosure for this sale can be found here. Insiders sold a total of 14,175,702 shares of company stock worth $1,361,299,848 over the last quarter. 6.40% of the stock is currently owned by corporate insiders.

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Quintiles Transitional Holdings Company Profile

Quintiles IMS Holdings, Inc, formerly Quintiles Transnational Holdings Inc, provides integrated information and technology-enabled healthcare services. The Company operates through segments, including Commercial Solutions; Research & Development Solutions, and Integrated Engagement Services. The Commercial Solutions segment offerings include national information offerings, sub-national information offerings, technology solutions, and workflow analytics and consulting services.

Institutional Ownership by Quarter for Quintiles Transitional Holdings (NYSE:Q)

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