Shares of Quintiles Transitional Holdings Inc. (NYSE:Q) were down 3.6% during mid-day trading on Wednesday . The company traded as low as $72.02 and last traded at $72.71, with a volume of 1,745,350 shares changing hands. The stock had previously closed at $75.45.

A number of brokerages recently weighed in on Q. Evercore ISI boosted their target price on shares of Quintiles Transitional Holdings to $78.00 in a report on Wednesday. Jefferies Group restated a “buy” rating on shares of Quintiles Transitional Holdings in a report on Wednesday, June 8th. Robert W. Baird downgraded shares of Quintiles Transitional Holdings from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $76.00 to $74.00 in a report on Wednesday, May 4th. Citigroup Inc. downgraded shares of Quintiles Transitional Holdings from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $76.00 to $72.00 in a report on Wednesday, May 4th. Finally, Zacks Investment Research downgraded shares of Quintiles Transitional Holdings from a “buy” rating to a “hold” rating in a report on Thursday, May 5th. Seven research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $80.39.

The firm has a market capitalization of $8.98 billion and a P/E ratio of 22.87. The stock’s 50 day moving average price is $67.91 and its 200 day moving average price is $65.92.

Quintiles Transitional Holdings (NYSE:Q) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.03. During the same period last year, the company earned $0.78 EPS. The business earned $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. The business’s revenue was up 8.6% on a year-over-year basis. Equities analysts forecast that Quintiles Transitional Holdings Inc. will post $3.78 EPS for the current year.

In related news, major shareholder Corp 3I sold 2,250,000 shares of the stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $66.10, for a total transaction of $148,725,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Kevin K. Gordon sold 24,000 shares of the stock in a transaction that occurred on Tuesday, May 10th. The shares were sold at an average price of $67.42, for a total value of $1,618,080.00. Following the transaction, the chief operating officer now directly owns 41,899 shares of the company’s stock, valued at $2,824,830.58. The disclosure for this sale can be found here.

Other large investors recently bought and sold shares of the company. Marshall Wace LLP bought a new stake in Quintiles Transitional Holdings during the fourth quarter valued at about $16,332,000. Andra AP fonden raised its stake in Quintiles Transitional Holdings by 16.4% in the fourth quarter. Andra AP fonden now owns 39,800 shares of the company’s stock valued at $2,733,000 after buying an additional 5,600 shares during the last quarter. Victory Capital Management Inc. raised its stake in Quintiles Transitional Holdings by 629.6% in the fourth quarter. Victory Capital Management Inc. now owns 81,311 shares of the company’s stock valued at $5,583,000 after buying an additional 70,167 shares during the last quarter. WCM Investment Management CA raised its stake in Quintiles Transitional Holdings by 23.3% in the fourth quarter. WCM Investment Management CA now owns 333,799 shares of the company’s stock valued at $22,919,000 after buying an additional 63,076 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in Quintiles Transitional Holdings by 26.1% in the fourth quarter. Wells Fargo & Company MN now owns 2,471,737 shares of the company’s stock valued at $169,709,000 after buying an additional 511,410 shares during the last quarter.

Quintiles Transnational Holdings Inc is a provider of biopharmaceutical development services and commercial outsourcing services. The Company is engaged in the development and commercialization of pharmaceutical therapies. The Company’s segments include Product Development and Integrated Healthcare Services.

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