Eagle Global Advisors LLC purchased a new position in shares of Mylan N.V. (NASDAQ:MYL) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,291 shares of the company’s stock, valued at approximately $205,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. First Personal Financial Services boosted its stake in Mylan N.V. by 33.2% in the first quarter. First Personal Financial Services now owns 2,733 shares of the company’s stock worth $107,000 after buying an additional 681 shares during the last quarter. Global X Management Co. LLC boosted its stake in Mylan N.V. by 91.6% in the first quarter. Global X Management Co. LLC now owns 3,015 shares of the company’s stock worth $118,000 after buying an additional 1,441 shares during the last quarter. Ropes Wealth Advisors LLC acquired a new stake in Mylan N.V. during the first quarter worth about $136,000. Oakworth Capital Inc. boosted its stake in Mylan N.V. by 30.7% in the first quarter. Oakworth Capital Inc. now owns 4,255 shares of the company’s stock worth $166,000 after buying an additional 1,000 shares during the last quarter. Finally, State of Alaska Department of Revenue acquired a new stake in Mylan N.V. during the first quarter worth about $188,000. Hedge funds and other institutional investors own 70.19% of the company’s stock.

Mylan N.V. (NASDAQ:MYL) opened at 32.00 on Tuesday. The firm has a market capitalization of $17.15 billion, a P/E ratio of 31.97 and a beta of 1.27. Mylan N.V. has a one year low of $31.47 and a one year high of $50.40. The firm’s 50-day moving average price is $38.42 and its 200 day moving average price is $39.28.

Mylan N.V. (NASDAQ:MYL) last announced its quarterly earnings data on Wednesday, May 10th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.01. Mylan N.V. had a return on equity of 23.69% and a net margin of 4.59%. The firm had revenue of $2.72 billion for the quarter, compared to analysts’ expectations of $2.81 billion. During the same period last year, the firm earned $0.76 earnings per share. The company’s revenue for the quarter was up 24.1% compared to the same quarter last year. On average, equities analysts anticipate that Mylan N.V. will post $5.16 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This news story was originally published by Daily Political and is the property of of Daily Political. If you are reading this news story on another site, it was illegally copied and republished in violation of United States and international copyright legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/08/08/eagle-global-advisors-llc-purchases-shares-of-5291-mylan-n-v-myl.html.

A number of analysts have recently issued reports on the company. Royal Bank Of Canada set a $41.00 price objective on Mylan N.V. and gave the company a “hold” rating in a research report on Saturday, May 13th. Morgan Stanley dropped their price target on Mylan N.V. from $52.00 to $36.00 and set an “equal weight” rating for the company in a report on Monday. Cowen and Company reissued a “market perform” rating and set a $43.00 price target (down from $55.00) on shares of Mylan N.V. in a report on Sunday, May 21st. Zacks Investment Research raised Mylan N.V. from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, BidaskClub raised Mylan N.V. from a “sell” rating to a “hold” rating in a report on Thursday, June 22nd. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $50.21.

In other news, insider Anthony Mauro sold 10,000 shares of the firm’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $40.00, for a total transaction of $400,000.00. Following the transaction, the insider now directly owns 140,653 shares of the company’s stock, valued at $5,626,120. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Rajiv Malik sold 25,000 shares of the firm’s stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $40.00, for a total value of $1,000,000.00. Following the transaction, the president now directly owns 799,855 shares in the company, valued at $31,994,200. The disclosure for this sale can be found here. 0.69% of the stock is currently owned by company insiders.

About Mylan N.V.

Mylan N.V. is a global pharmaceutical company. The Company develops, licenses, manufactures, markets and distributes generic and branded generic products for resale by others; specialty pharmaceuticals, and active pharmaceutical ingredients (APIs). It operates through two segments: Generics and Specialty.

Want to see what other hedge funds are holding MYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mylan N.V. (NASDAQ:MYL).

Institutional Ownership by Quarter for Mylan N.V. (NASDAQ:MYL)

Receive News & Ratings for Mylan N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mylan N.V. and related companies with MarketBeat.com's FREE daily email newsletter.