Quintiles Transitional Holdings Inc. (NYSE:Q)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $78.86 and last traded at $78.61, with a volume of 1,807,501 shares changing hands. The stock had previously closed at $77.64.

Several equities research analysts recently weighed in on the company. Pacific Crest raised their price objective on Quintiles Transitional Holdings from $75.00 to $82.00 and gave the company an “overweight” rating in a report on Thursday, July 28th. Deutsche Bank AG raised their price objective on Quintiles Transitional Holdings from $71.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, July 28th. Citigroup Inc. raised their price objective on Quintiles Transitional Holdings from $72.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, July 28th. KeyCorp reissued a “buy” rating on shares of Quintiles Transitional Holdings in a report on Thursday, July 28th. Finally, Evercore ISI raised their price objective on Quintiles Transitional Holdings from $70.00 to $78.00 and gave the company a “hold” rating in a report on Wednesday, July 27th. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $80.12.

The company’s 50 day moving average price is $69.14 and its 200 day moving average price is $66.30. The stock has a market capitalization of $9.31 billion and a price-to-earnings ratio of 23.63.

Quintiles Transitional Holdings (NYSE:Q) last released 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 firm earned $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company earned $0.78 EPS. The firm’s revenue was up 8.6% compared to the same quarter last year. On average, equities research analysts anticipate that Quintiles Transitional Holdings Inc. will post $3.81 earnings per share for the current fiscal year.

In related news, major shareholder Corp 3I sold 2,250,000 shares of the stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $66.10, for a total value of $148,725,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Kevin K. Gordon sold 24,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $2,824,830.58. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently made changes to their positions in Q. US Bancorp DE boosted its position 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. Gulf International Bank UK Ltd boosted its position in shares of Quintiles Transitional Holdings by 5.8% in the fourth quarter. Gulf International Bank UK Ltd now owns 28,633 shares of the company’s stock worth $1,966,000 after buying an additional 1,560 shares during the period. Airain ltd bought a new position in shares of Quintiles Transitional Holdings during the fourth quarter worth about $2,385,000. Andra AP fonden boosted its position in shares of Quintiles Transitional Holdings by 16.4% in the fourth quarter. Andra AP fonden now owns 39,800 shares of the company’s stock worth $2,733,000 after buying an additional 5,600 shares during the period. Finally, Redwood Investments LLC boosted its position 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.

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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