Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of Agilent Technologies Inc (NYSE:A) by 1.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 48,835 shares of the medical research company’s stock after purchasing an additional 771 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Agilent Technologies were worth $3,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also modified their holdings of A. TimesSquare Capital Management LLC bought a new stake in Agilent Technologies during the 3rd quarter valued at $58,550,000. Janus Henderson Group PLC raised its holdings in Agilent Technologies by 2,135.0% during the 2nd quarter. Janus Henderson Group PLC now owns 836,051 shares of the medical research company’s stock valued at $49,587,000 after acquiring an additional 798,643 shares during the period. Bank of Montreal Can increased its holdings in shares of Agilent Technologies by 187.3% in the fourth quarter. Bank of Montreal Can now owns 742,001 shares of the medical research company’s stock worth $49,693,000 after purchasing an additional 483,721 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Agilent Technologies by 27.6% in the third quarter. Wells Fargo & Company MN now owns 2,184,502 shares of the medical research company’s stock worth $140,244,000 after purchasing an additional 473,047 shares during the period. Finally, Koch Industries Inc. bought a new position in shares of Agilent Technologies in the second quarter worth $438,000.
Agilent Technologies Inc (NYSE A) opened at $66.98 on Friday. The company has a market capitalization of $21,012.32, a price-to-earnings ratio of 31.90, a P/E/G ratio of 1.96 and a beta of 1.28. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.30 and a quick ratio of 2.85. Agilent Technologies Inc has a 12 month low of $50.00 and a 12 month high of $75.00.
The company also recently announced a quarterly dividend, which was paid on Wednesday, January 24th. Investors of record on Tuesday, January 2nd were paid a $0.149 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend was Friday, December 29th. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.13. Agilent Technologies’s dividend payout ratio is currently 28.57%.
In other Agilent Technologies news, SVP Jacob Thaysen sold 22,583 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $70.41, for a total transaction of $1,590,069.03. Following the completion of the sale, the senior vice president now directly owns 63,042 shares in the company, valued at $4,438,787.22. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Michael R. Mcmullen sold 21,850 shares of the company’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $75.00, for a total transaction of $1,638,750.00. Following the sale, the chief executive officer now owns 324,687 shares of the company’s stock, valued at $24,351,525. The disclosure for this sale can be found here. In the last three months, insiders sold 219,991 shares of company stock worth $15,468,795.
Several research analysts have recently weighed in on A shares. Zacks Investment Research raised shares of Agilent Technologies from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a report on Tuesday, October 31st. Barclays reaffirmed a “buy” rating and issued a $74.00 price target on shares of Agilent Technologies in a report on Monday, January 8th. Robert W. Baird reaffirmed a “buy” rating and issued a $70.00 price target on shares of Agilent Technologies in a report on Friday, October 20th. Evercore ISI started coverage on shares of Agilent Technologies in a report on Wednesday, January 3rd. They issued an “outperform” rating and a $75.00 price target on the stock. Finally, ValuEngine cut shares of Agilent Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $69.25.
Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. The Company serves the life sciences, diagnostics and applied chemical markets. It has three business segments: life sciences and applied markets business, diagnostics and genomics business, and Agilent CrossLab business.
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