Dimensional Fund Advisors LP boosted its position in shares of Quintiles Transitional Holdings Inc. (NYSE:Q) by 43.9% during the first quarter, Holdings Channel reports. The firm owned 609,628 shares of the medical research company’s stock after buying an additional 186,027 shares during the period. Dimensional Fund Advisors LP’s holdings in Quintiles Transitional Holdings were worth $49,089,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Quintiles Transitional Holdings by 0.9% in the first quarter. Vanguard Group Inc. now owns 12,508,830 shares of the medical research company’s stock worth $1,007,336,000 after buying an additional 113,613 shares during the last quarter. Macquarie Group Ltd. boosted its stake in Quintiles Transitional Holdings by 41.3% in the fourth quarter. Macquarie Group Ltd. now owns 1,793,187 shares of the medical research company’s stock worth $136,373,000 after buying an additional 524,559 shares during the last quarter. Geode Capital Management LLC boosted its stake in Quintiles Transitional Holdings by 5.0% in the first quarter. Geode Capital Management LLC now owns 1,000,915 shares of the medical research company’s stock worth $80,570,000 after buying an additional 47,950 shares during the last quarter. Legal & General Group Plc boosted its stake in Quintiles Transitional Holdings by 6.5% in the first quarter. Legal & General Group Plc now owns 633,970 shares of the medical research company’s stock worth $51,054,000 after buying an additional 38,838 shares during the last quarter. Finally, APG Asset Management N.V. boosted its stake in Quintiles Transitional Holdings by 0.6% in the first quarter. APG Asset Management N.V. now owns 613,481 shares of the medical research company’s stock worth $49,404,000 after buying an additional 3,362 shares during the last quarter. 92.49% of the stock is owned by hedge funds and other institutional investors.

Quintiles Transitional Holdings Inc. (NYSE Q) opened at 89.38 on Monday. The stock has a market capitalization of $19.67 billion, a P/E ratio of 197.74 and a beta of 0.64. Quintiles Transitional Holdings Inc. has a 52 week low of $70.10 and a 52 week high of $91.81. The stock’s 50 day moving average price is $86.48 and its 200-day moving average price is $80.79.

Quintiles Transitional Holdings (NYSE:Q) last issued its quarterly earnings data on Wednesday, May 3rd. The medical research company reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.06. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.91 billion. Quintiles Transitional Holdings had a return on equity of 18.03% and a net margin of 1.06%. The business’s revenue was up 72.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.89 earnings per share. Equities research analysts expect that Quintiles Transitional Holdings Inc. will post $4.54 earnings per share for the current year.

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A number of research firms have weighed in on Q. Citigroup Inc. reaffirmed a “neutral” rating and set a $96.00 price objective (up from $87.00) on shares of Quintiles Transitional Holdings in a research report on Wednesday, June 28th. Jefferies Group LLC reaffirmed a “hold” rating and set a $81.00 price objective (up from $78.00) on shares of Quintiles Transitional Holdings in a research report on Friday, May 5th. Mizuho increased their price objective on Quintiles Transitional Holdings from $90.00 to $93.00 and gave the stock a “buy” rating in a research report on Thursday, May 4th. Credit Suisse Group reaffirmed an “outperform” rating and set a $96.00 price objective (up from $94.00) on shares of Quintiles Transitional Holdings in a research report on Tuesday, June 6th. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $88.50 price objective (up from $84.00) on shares of Quintiles Transitional Holdings in a research report on Thursday, May 4th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $86.97.

In other Quintiles Transitional Holdings news, Director John G. Danhakl sold 761,143 shares of the company’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $84.01, for a total value of $63,943,623.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Cpp Investment Board Private H sold 7,131,165 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $84.01, for a total value of $599,089,171.65. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,758,400 shares of company stock valued at $735,783,985. Insiders own 6.40% of the company’s stock.

About Quintiles Transitional Holdings

Quintiles IMS Holdings, Inc, formerly Quintiles Transnational 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 Quintiles Transitional Holdings (NYSE:Q)

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