4,070 Shares in Iqvia Holdings Inc (IQV) Acquired by CIBC World Markets Inc.

CIBC World Markets Inc. bought a new stake in Iqvia Holdings Inc (NYSE:IQV) in the 4th quarter, HoldingsChannel.com reports. The firm bought 4,070 shares of the medical research company’s stock, valued at approximately $398,000.

A number of other large investors have also recently modified their holdings of the stock. Jennison Associates LLC acquired a new stake in Iqvia in the 4th quarter valued at about $80,421,000. Schwab Charles Investment Management Inc. acquired a new stake in Iqvia in the 4th quarter valued at about $55,905,000. Hardman Johnston Global Advisors LLC acquired a new stake in Iqvia in the 4th quarter valued at about $44,492,000. Vaughan Nelson Investment Management L.P. acquired a new stake in Iqvia in the 4th quarter valued at about $24,876,000. Finally, Arvest Bank Trust Division acquired a new stake in Iqvia in the 4th quarter valued at about $22,517,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

In other Iqvia news, insider James H. Erlinger III sold 10,000 shares of the stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $99.97, for a total value of $999,700.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John Connaughton sold 1,163,191 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $102.00, for a total transaction of $118,645,482.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,727,078 shares of company stock worth $890,124,079. Insiders own 6.40% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Iqvia from a “buy” rating to a “hold” rating in a research note on Friday, January 19th. Mizuho set a $97.00 target price on shares of Iqvia and gave the company a “hold” rating in a research note on Wednesday, January 24th. SunTrust Banks reiterated a “hold” rating and issued a $110.00 target price on shares of Iqvia in a research note on Monday, January 22nd. Credit Suisse Group reiterated an “outperform” rating and issued a $110.00 target price (up from $98.00) on shares of Iqvia in a research note on Monday, October 16th. Finally, Stifel Nicolaus upgraded shares of Iqvia from a “hold” rating to a “buy” rating and raised their target price for the company from $92.00 to $128.00 in a research note on Friday, October 27th. Seven investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $109.71.

Iqvia Holdings Inc (NYSE:IQV) opened at $96.05 on Friday. The firm has a market cap of $20,150.00, a PE ratio of 331.21, a price-to-earnings-growth ratio of 1.34 and a beta of 0.61. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.29. Iqvia Holdings Inc has a fifty-two week low of $75.94 and a fifty-two week high of $110.67.

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Iqvia Profile

IQVIA Holdings Inc, formerly Quintiles IMS 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 Iqvia (NYSE:IQV)

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