Raymond James Trust N.A. raised its stake in shares of Eli Lilly And Co (NYSE:LLY) by 1.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,583 shares of the company’s stock after acquiring an additional 582 shares during the quarter. Raymond James Trust N.A.’s holdings in Eli Lilly And Co were worth $5,266,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of LLY. Athena Capital Advisors LLC acquired a new stake in shares of Eli Lilly And Co in the 4th quarter worth about $26,000. Wakefield Asset Management LLLP bought a new position in Eli Lilly And Co in the 4th quarter valued at about $27,000. Larson Financial Group LLC bought a new position in Eli Lilly And Co in the 4th quarter valued at about $29,000. Ironwood Financial llc bought a new position in Eli Lilly And Co in the 4th quarter valued at about $30,000. Finally, Trust Department MB Financial Bank N A grew its position in Eli Lilly And Co by 54.7% in the 1st quarter. Trust Department MB Financial Bank N A now owns 232 shares of the company’s stock valued at $30,000 after buying an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 79.58% of the company’s stock.
In other news, SVP Alfonso G. Zulueta sold 4,000 shares of the firm’s stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $120.00, for a total transaction of $480,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Donald A. Zakrowski sold 1,000 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $127.01, for a total transaction of $127,010.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,003,959 shares of company stock valued at $125,426,338. Insiders own 0.11% of the company’s stock.
NYSE:LLY opened at $119.96 on Wednesday. Eli Lilly And Co has a twelve month low of $77.09 and a twelve month high of $132.13. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.73 and a quick ratio of 1.38. The stock has a market cap of $128.52 billion, a PE ratio of 21.61, a price-to-earnings-growth ratio of 2.35 and a beta of 0.33.
Eli Lilly And Co (NYSE:LLY) last posted its quarterly earnings data on Wednesday, February 6th. The company reported $1.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.36 by ($0.03). Eli Lilly And Co had a net margin of 13.16% and a return on equity of 44.66%. The business had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter last year, the business posted $1.14 EPS. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. Equities research analysts expect that Eli Lilly And Co will post 5.66 earnings per share for the current year.
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Eli Lilly And Co Company Profile
Eli Lilly and Company discovers, develops, manufactures, and markets pharmaceutical products worldwide. The company operates through two segments, Human Pharmaceutical Products and Animal Health Products. It offers endocrinology products for the treatment of diabetes; osteoporosis in postmenopausal women and men; and human growth hormone deficiency and pediatric growth conditions.
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