Blb&b Advisors buys $6,444,619 stake in Merck & Co. (MRK)

Merck & Co. (MRK) : Blb&b Advisors scooped up 1,786 additional shares in Merck & Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 109,621 shares of Merck & Co. which is valued at $6,444,619.Merck & Co. makes up approximately 1.18% of Blb&b Advisors’s portfolio.

Other Hedge Funds, Including , Graybill Bartz Assoc Ltd reduced its stake in MRK by selling 1,120 shares or 1.86% in the most recent quarter. The Hedge Fund company now holds 59,235 shares of MRK which is valued at $3,482,426. Merck & Co. makes up approx 3.08% of Graybill Bartz Assoc Ltd’s portfolio.Trust Co Of Vermont boosted its stake in MRK in the latest quarter, The investment management firm added 1,204 additional shares and now holds a total of 83,336 shares of Merck & Co. which is valued at $4,899,323. Merck & Co. makes up approx 0.63% of Trust Co Of Vermont’s portfolio.Gierl Augustine Investment Management Inc boosted its stake in MRK in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 1,055 shares of Merck & Co. which is valued at $62,825. Merck & Co. makes up approx 0.07% of Gierl Augustine Investment Management Inc’s portfolio.Osborn Rohs Williams Donohoe Ltd boosted its stake in MRK in the latest quarter, The investment management firm added 1,078 additional shares and now holds a total of 33,818 shares of Merck & Co. which is valued at $2,007,098. Merck & Co. makes up approx 0.39% of Osborn Rohs Williams Donohoe Ltd’s portfolio.Integrated Investment Consultants boosted its stake in MRK in the latest quarter, The investment management firm added 223 additional shares and now holds a total of 31,609 shares of Merck & Co. which is valued at $1,833,322. Merck & Co. makes up approx 0.96% of Integrated Investment Consultants’s portfolio.

Merck & Co. opened for trading at $59 and hit $59.119 on the upside on Wednesday, eventually ending the session at $58.79, with a gain of 0.22% or 0.13 points. The heightened volatility saw the trading volume jump to 64,76,048 shares. Company has a market cap of $162,732 M.

On the company’s financial health, Merck & Co. reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.85. The company had revenue of $9312.00 million for the quarter, compared to analysts expectations of $9445.10 million. The company’s revenue was down -1.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.85 EPS.

Merck & Co. Inc. is a global health care company. The Company offers health solutions through its prescription medicines vaccines biologic therapies and animal health products which it markets directly and through its joint ventures. The Company’s Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures. Human health pharmaceutical products consist of therapeutic and preventive agents generally sold by prescription for the treatment of human disorders. The Company sells these human health pharmaceutical products primarily to drug wholesalers and retailers hospitals government agencies and managed health care providers. The Animal Health segment discovers develops manufactures and markets animal health products including vaccines. The Company’s animal health products are sold to veterinarians distributors and animal producers.

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