Dupont Capital Management Corp Buys 4,030 Shares of Quintiles Transitional Holdings Inc. (Q)

Dupont Capital Management Corp boosted its stake in Quintiles Transitional Holdings Inc. (NYSE:Q) by 12.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,203 shares of the medical research company’s stock after purchasing an additional 4,030 shares during the period. Dupont Capital Management Corp’s holdings in Quintiles Transitional Holdings were worth $3,442,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Quintiles Transitional Holdings by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 12,789,723 shares of the medical research company’s stock worth $1,144,680,000 after purchasing an additional 280,893 shares in the last quarter. KBC Group NV boosted its position in shares of Quintiles Transitional Holdings by 53.3% during the 2nd quarter. KBC Group NV now owns 18,959 shares of the medical research company’s stock worth $1,697,000 after purchasing an additional 6,591 shares in the last quarter. Key Square Capital Management LLC bought a new position in shares of Quintiles Transitional Holdings during the 2nd quarter worth about $2,738,000. AXA boosted its position in shares of Quintiles Transitional Holdings by 85.4% during the 2nd quarter. AXA now owns 251,830 shares of the medical research company’s stock worth $22,539,000 after purchasing an additional 115,993 shares in the last quarter. Finally, TIAA CREF Investment Management LLC boosted its position in shares of Quintiles Transitional Holdings by 5.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 832,571 shares of the medical research company’s stock worth $74,515,000 after purchasing an additional 42,733 shares in the last quarter. Institutional investors and hedge funds own 93.29% of the company’s stock.

Shares of Quintiles Transitional Holdings Inc. (NYSE:Q) opened at $108.02 on Monday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.22 and a current ratio of 1.22. Quintiles Transitional Holdings Inc. has a one year low of $71.90 and a one year high of $109.00. The stock has a market cap of $22,826.08, a P/E ratio of 24.66, a PEG ratio of 1.79 and a beta of 0.65.

Quintiles Transitional Holdings (NYSE:Q) last issued its quarterly earnings results on Thursday, October 26th. The medical research company reported $1.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.05. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.01 billion. Quintiles Transitional Holdings had a net margin of 0.58% and a return on equity of 12.60%. Quintiles Transitional Holdings’s quarterly revenue was up 77.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.00 EPS. research analysts expect that Quintiles Transitional Holdings Inc. will post 4.62 earnings per share for the current year.

In other Quintiles Transitional Holdings news, insider Kevin C. Knightly sold 20,000 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $90.28, for a total value of $1,805,600.00. Following the completion of the transaction, the insider now directly owns 46,826 shares of the company’s stock, valued at approximately $4,227,451.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Cpp Investment Board Private H sold 5,218,245 shares of the firm’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $97.33, for a total transaction of $507,891,785.85. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,162,302 shares of company stock valued at $1,359,495,910. 6.40% of the stock is owned by insiders.

Q has been the topic of a number of analyst reports. SunTrust Banks, Inc. restated a “hold” rating and issued a $114.00 target price on shares of Quintiles Transitional Holdings in a report on Friday. Zacks Investment Research lowered shares of Quintiles Transitional Holdings from a “buy” rating to a “hold” rating in a report on Friday. Credit Suisse Group restated an “outperform” rating and issued a $125.00 target price (up previously from $115.00) on shares of Quintiles Transitional Holdings in a report on Tuesday, October 31st. Jefferies Group LLC upped their target price on shares of Quintiles Transitional Holdings from $107.00 to $110.00 and gave the stock a “hold” rating in a report on Monday, October 30th. Finally, Barclays PLC upped their target price on shares of Quintiles Transitional Holdings from $100.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, October 27th. Ten research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Quintiles Transitional Holdings has a consensus rating of “Buy” and an average price target of $102.33.

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Quintiles Transitional Holdings Company Profile

Quintiles IMS Holdings, Inc, formerly Quintiles Transnational Holdings Inc, provides integrated information and technology-enabled healthcare services. The Company operates through segments, including Commercial Solutions; Research & Development Solutions, and Integrated Engagement Services. The Commercial Solutions segment offerings include national information offerings, sub-national information offerings, technology solutions, and workflow analytics and consulting services.

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Institutional Ownership by Quarter for Quintiles Transitional Holdings (NYSE:Q)

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