Bontempo Ohly Capital Mgmt LLC purchased a new stake in Merck KGaA (OTCMKTS:MKGAF – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 45,144 shares of the company’s stock, valued at approximately $5,801,000. Merck KGaA makes up 2.5% of Bontempo Ohly Capital Mgmt LLC’s holdings, making the stock its 4th largest holding.
Several other large investors have also recently added to or reduced their stakes in MKGAF. Frazier Financial Advisors LLC acquired a new stake in shares of Merck KGaA during the second quarter worth approximately $25,000. Rakuten Securities Inc. acquired a new position in shares of Merck KGaA in the 2nd quarter worth approximately $27,000. Delos Wealth Advisors LLC acquired a new position in shares of Merck KGaA in the 2nd quarter worth approximately $33,000. Solstein Capital LLC acquired a new position in shares of Merck KGaA in the 2nd quarter worth approximately $33,000. Finally, Burk Holdings LLC bought a new stake in Merck KGaA during the 2nd quarter worth approximately $39,000. 0.10% of the stock is owned by institutional investors.
Merck KGaA Trading Up 0.4%
MKGAF stock opened at $164.58 on Thursday. The business has a fifty day moving average price of $163.19 and a 200 day moving average price of $148.83. Merck KGaA has a fifty-two week low of $116.68 and a fifty-two week high of $175.56. The stock has a market capitalization of $21.27 billion, a price-to-earnings ratio of 25.13 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84.
About Merck KGaA
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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