Gilead Sciences (GILD) : Cribstone Capital Management scooped up 723 additional shares in Gilead Sciences during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 18, 2016. The investment management firm now holds a total of 17,930 shares of Gilead Sciences which is valued at $1,553,814.Gilead Sciences makes up approximately 0.96% of Cribstone Capital Management’s portfolio.
Other Hedge Funds, Including , Palladium Partners boosted its stake in GILD in the latest quarter, The investment management firm added 687 additional shares and now holds a total of 98,940 shares of Gilead Sciences which is valued at $8,574,140. Gilead Sciences makes up approx 0.76% of Palladium Partners’s portfolio.Windward Capital Management Co Ca boosted its stake in GILD in the latest quarter, The investment management firm added 332 additional shares and now holds a total of 40,574 shares of Gilead Sciences which is valued at $3,527,098. Gilead Sciences makes up approx 0.66% of Windward Capital Management Co Ca’s portfolio.Cape Cod Five Cents Savings Bank boosted its stake in GILD in the latest quarter, The investment management firm added 510 additional shares and now holds a total of 3,665 shares of Gilead Sciences which is valued at $317,646. Gilead Sciences makes up approx 0.06% of Cape Cod Five Cents Savings Bank’s portfolio.Chevy Chase Trust Holdings reduced its stake in GILD by selling 17,407 shares or 1.5% in the most recent quarter. The Hedge Fund company now holds 1,143,356 shares of GILD which is valued at $98,957,462. Gilead Sciences makes up approx 0.54% of Chevy Chase Trust Holdings’s portfolio.Next Financial Group Inc reduced its stake in GILD by selling 603 shares or 4.94% in the most recent quarter. The Hedge Fund company now holds 11,607 shares of GILD which is valued at $1,004,586. Gilead Sciences makes up approx 0.31% of Next Financial Group Inc’s portfolio.
Gilead Sciences opened for trading at $85.46 and hit $87.12 on the upside on Wednesday, eventually ending the session at $86.66, with a gain of 1.43% or 1.22 points. The heightened volatility saw the trading volume jump to 90,55,877 shares. Company has a market cap of $115,416 M.
On the company’s financial health, Gilead Sciences reported $3.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus of $3.13. The company had revenue of $7794.00 million for the quarter, compared to analysts expectations of $8065.42 million. The company’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.94 EPS.
Many Wall Street Analysts have commented on Gilead Sciences. Gabelli & Co Initiated Gilead Sciences on Jun 1, 2016 to “Buy”, Price Target of the shares are set at $109.Gilead Sciences was Downgraded by Maxim Group to ” Hold” on Apr 29, 2016. Shares were Reiterated by UBS on Apr 29, 2016 to “Buy” and Lowered the Price Target to $ 118 from a previous price target of $130 .
Gilead Sciences Inc. (Gilead) is a research-based biopharmaceutical company that discovers develops and commercializes innovative medicines. The Companys primary areas of focus include human immunodeficiency virus (HIV) liver diseases such as chronic hepatitis C virus (HCV) infection and chronic hepatitis B virus (HBV) infection oncology and inflammation and serious cardiovascular and respiratory conditions. The Companys HIV products include Stribild Complera/Eviplera Atripla Truvada Viread Emtriva Tybost and Vitekta. Its Liver Diseases products include Harvoni Sovaldi Viread and Hepsera. Zydelig is the Companys oncology product. Its Cardiovascular products include Letairis Ranexa and Lexiscan/Rapiscan. Its Respiratory products include Cayston and Tamiflu. Its other products include AmBisome and Macugen.