Investors sold shares of Quintiles Transitional Holdings Inc. (NYSE:Q) on strength during trading hours on Monday. $22.08 million flowed into the stock on the tick-up and $43.31 million flowed out of the stock on the tick-down, for a money net flow of $21.23 million out of the stock. Of all stocks tracked, Quintiles Transitional Holdings had the 0th highest net out-flow for the day. Quintiles Transitional Holdings traded up $0.97 for the day and closed at $78.61

Q has been the subject of several analyst reports. Avondale Partners downgraded shares of Quintiles Transitional Holdings from a “market outperform” rating to a “market perform” rating and raised their price objective for the stock from $58.00 to $62.00 in a report on Tuesday, May 3rd. Argus reaffirmed a “buy” rating on shares of Quintiles Transitional Holdings in a report on Monday, June 6th. Pacific Crest raised their price objective on shares of Quintiles Transitional Holdings from $75.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, July 28th. TheStreet raised shares of Quintiles Transitional Holdings from a “sell” rating to a “hold” rating in a report on Monday, May 9th. Finally, Deutsche Bank AG raised their price objective on shares of Quintiles Transitional Holdings from $71.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, July 28th. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $80.12.

The firm has a market cap of $9.31 billion and a P/E ratio of 23.63. The company has a 50-day moving average price of $69.14 and a 200 day moving average price of $66.30.

Quintiles Transitional Holdings (NYSE:Q) last announced its earnings results on Wednesday, July 27th. The company reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.03. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the company posted $0.78 earnings per share. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. On average, equities analysts forecast that Quintiles Transitional Holdings Inc. will post $3.81 earnings per share for the current year.

In other news, major shareholder Corp 3I sold 2,250,000 shares of the stock in a transaction on Tuesday, June 7th. The shares were sold at an average price of $66.10, for a total value of $148,725,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Kevin K. Gordon sold 24,000 shares of the stock in a transaction on Tuesday, May 10th. The stock was sold at an average price of $67.42, for a total transaction of $1,618,080.00. Following the completion of the sale, 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 hedge funds have recently made changes to their positions in the company. Airain ltd purchased a new stake in shares of Quintiles Transitional Holdings during the fourth quarter worth about $2,385,000. Dimensional Fund Advisors LP boosted its stake in shares of Quintiles Transitional Holdings by 5.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 202,785 shares of the company’s stock worth $13,926,000 after buying an additional 10,804 shares during the period. Redwood Investments LLC boosted its stake in shares of Quintiles Transitional Holdings by 31.1% in the fourth quarter. Redwood Investments LLC now owns 55,161 shares of the company’s stock worth $3,787,000 after buying an additional 13,080 shares during the period. US Bancorp DE boosted its stake in shares of Quintiles Transitional Holdings by 36.1% in the fourth quarter. US Bancorp DE now owns 15,137 shares of the company’s stock worth $1,039,000 after buying an additional 4,013 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of Quintiles Transitional Holdings during the fourth quarter worth about $16,332,000.

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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