This represents a $0.34 dividend on an annualized basis and a yield of 1.84%. The company has a market capitalization of $34.77 billion, a PE ratio of 19.93 and a beta of 0.58. Bronfman E.L. Rothschild L.P. now owns 3,617 shares of the company's stock valued at $116,000 after acquiring an additional 261 shares during the period. A total volume of 98.33 million shares were traded versus to average volume of 16.58 million shares.
Teva Pharmaceutical Industries Limited has a consensus hold rating from 26 Wall Street analysts, and the number of shares now sold short amount to at least 4.6% of shares outstanding. It has underperformed by 58.40% the S&P500. The rating was downgraded by Guggenheim to "Neutral" on Thursday, December 1. Therefore 21% are positive.
In July, news reports circulated that Teva was going to offer the top job to AstraZeneca CEO Pascal Soriot. Citigroup upgraded the stock to "Buy" rating in Wednesday, January 20 report. The stock has "Hold" rating by Keefe Bruyette & Woods on Thursday, August 3. Stock has got OUTPERFORM rating from 0 analyst (s) whereas last month 0 analyst (s) have given outperform rating. The stock of MFA Financial, Inc. (NYSE:BR) earned "Overweight" rating by Barclays Capital on Monday, November 2.
Despite Monday's big gain, Teva shares are still trading well below where they were in early August, when a guidance and dividend cut blindsided the market and sent the stock tumbling. The rating was downgraded by Morgan Stanley on Wednesday, November 16 to "Equal-Weight". (NASDAQ:LSTR) rating on Friday, October 23.
About 4,907 shares traded or 0.74% up from the average.
Teva Pharmaceutical Industries Limited's ROA is 0%, while industry's average is 4.06%. Its down 0.06, from 0.86 in 2016Q3. 75 funds opened positions while 211 raised stakes. Gw Henssler And Associate Limited invested 0.02% of its portfolio in Landstar System, Inc. Banc Funds Co Llc owns 36,941 shares or 0.06% of their United States portfolio. Alexandria Ltd Liability invested in 800 shares or 0.02% of the stock. Cwm Lc stated it has 652 shares. Pacad Limited holds 0.16% or 35,700 shares.
Vincent Janssen joins Fenerbahce from Tottenham on season's loan
He was not named in the Lillywhites squad that is set to compete in the group stages of the Champions League . That was an obvious sign about Janssen's standing in the Tottenham squad.
Hedge funds have recently made changes to their positions in the stock. Cullen Frost Bankers Incorporated accumulated 93,427 shares. Technical analysts have little regard for the value of a company. Ftb Advsrs Incorporated invested 0% of its portfolio in Wendys Co (NASDAQ:WEN). Blackrock Fund has invested 0.07% in PPG Industries, Inc. (NYSE:MFA) or 252,932 shares.
Rnc Capital Management Llc increased Pepsico Incorporated (NYSE:PEP) stake by 5,176 shares to 304,628 valued at $31.87M in 2016Q4.
Eagle Asset Management Inc decreased its stake in Landstar System Inc (LSTR) by 0.9% based on its latest 2016Q4 regulatory filing with the SEC. Baird Financial Group, Inc. divested its stake by shedding 25,622 shares a decrease of 10.6% in the quarter. Wabtec Corp (NYSE:WAB) was reduced too. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover TEVA having a buy-equivalent rating.
"Schultz will be Teva's fourth CEO over the last six years, and we think Teva must stabilize its executive ranks to execute on its turnaround strategy and lower its high debt level, now at $34 billion", said analyst Jeffrey Loo, with CFRA Research, in a client note. $87.84 million worth of stock was sold by MAY PETER W on Monday, June 5.
Teva Pharmaceutical Industries Ltd.'s (TEVA) newly appointed CEO, Kåre Schultz, brings turnaround experience as the drugmaker faces challenges including generic drug pricing pressure in the USA and a substantial debt load. The rating was downgraded by Goldman Sachs on Friday, July 15 to "Neutral". The firm has "Hold" rating by Cantor Fitzgerald given on Wednesday, August 30. The firm has "Outperform" rating given on Friday, February 19 by Wells Fargo.