one8zero8 LLC purchased a new position in shares of Merck KGaA (OTCMKTS:MKGAF – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,460 shares of the company’s stock, valued at approximately $830,000.
A number of other hedge funds and other institutional investors have also modified their holdings of MKGAF. Addison Advisors LLC acquired a new stake in shares of Merck KGaA in the 2nd quarter valued at $90,000. Comprehensive Financial Planning Inc. PA acquired a new position in Merck KGaA during the second quarter worth $134,000. Stevens Capital Partners acquired a new position in Merck KGaA during the second quarter worth $220,000. BOK Financial Private Wealth Inc. bought a new position in Merck KGaA during the second quarter valued at about $523,000. Finally, Compass Wealth Management LLC acquired a new stake in shares of Merck KGaA in the second quarter worth about $834,000. Institutional investors own 0.10% of the company’s stock.
Merck KGaA Stock Performance
MKGAF opened at $167.38 on Thursday. The company has a market cap of $21.63 billion, a PE ratio of 25.55 and a beta of 0.96. The stock has a 50-day moving average of $162.50 and a 200-day moving average of $148.28. Merck KGaA has a 52-week low of $116.68 and a 52-week high of $175.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31.
Merck KGaA Profile
Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.
The company’s operations are organized mainly into three businesses.
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