AKO Capital LLP increased its stake in shares of Grifols, S.A. (NASDAQ:GRFS) by 5.7% during the second quarter, Holdings Channel reports. The institutional investor owned 12,341,363 shares of the biotechnology company’s stock after buying an additional 667,174 shares during the period. Grifols, accounts for 0.8% of AKO Capital LLP’s holdings, making the stock its 17th largest position. AKO Capital LLP’s holdings in Grifols, were worth $9,335,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its position in shares of Grifols, by 16.1% in the first quarter. Ameriprise Financial Inc. now owns 13,277 shares of the biotechnology company’s stock valued at $251,000 after buying an additional 1,839 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Grifols, during the first quarter valued at $4,439,000. CWM LLC boosted its position in shares of Grifols, by 10.3% in the first quarter. CWM LLC now owns 82,287 shares of the biotechnology company’s stock valued at $1,553,000 after buying an additional 7,668 shares in the last quarter. Parametric Portfolio Associates LLC boosted its position in shares of Grifols, by 5.4% in the first quarter. Parametric Portfolio Associates LLC now owns 643,696 shares of the biotechnology company’s stock valued at $12,150,000 after buying an additional 33,206 shares in the last quarter. Finally, FIL Ltd boosted its position in shares of Grifols, by 0.4% in the first quarter. FIL Ltd now owns 3,689,737 shares of the biotechnology company’s stock valued at $69,644,000 after buying an additional 15,142 shares in the last quarter. Institutional investors own 22.69% of the company’s stock.

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Several research analysts recently weighed in on GRFS shares. BidaskClub upgraded Grifols, from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Zacks Investment Research upgraded Grifols, from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research report on Tuesday, July 4th. Bank of America Corporation reiterated a “buy” rating on shares of Grifols, in a research report on Tuesday, July 4th. Finally, Goldman Sachs Group, Inc. (The) cut Grifols, from a “buy” rating to a “neutral” rating in a research report on Friday, June 30th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $24.00.

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Institutional Ownership by Quarter for Grifols, (NASDAQ:GRFS)

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