Rothschild Asset Management Inc. increased its stake in shares of Quintiles Transitional Holdings Inc. (NYSE:Q) by 6.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,668 shares of the medical research company’s stock after buying an additional 404 shares during the period. Rothschild Asset Management Inc.’s holdings in Quintiles Transitional Holdings were worth $597,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Teachers Advisors LLC boosted its position in shares of Quintiles Transitional Holdings by 86.1% in the fourth quarter. Teachers Advisors LLC now owns 308,433 shares of the medical research company’s stock valued at $23,456,000 after buying an additional 142,727 shares in the last quarter. Creative Planning boosted its position in shares of Quintiles Transitional Holdings by 35.4% in the first quarter. Creative Planning now owns 4,482 shares of the medical research company’s stock valued at $361,000 after buying an additional 1,172 shares in the last quarter. Gulf International Bank UK Ltd boosted its position in shares of Quintiles Transitional Holdings by 1.1% in the first quarter. Gulf International Bank UK Ltd now owns 49,056 shares of the medical research company’s stock valued at $3,950,000 after buying an additional 545 shares in the last quarter. National Pension Service bought a new position in shares of Quintiles Transitional Holdings during the first quarter valued at $11,120,000. Finally, Capstone Asset Management Co. boosted its position in shares of Quintiles Transitional Holdings by 7.6% in the first quarter. Capstone Asset Management Co. now owns 9,226 shares of the medical research company’s stock valued at $743,000 after buying an additional 650 shares in the last quarter. Institutional investors own 91.83% of the company’s stock.

Shares of Quintiles Transitional Holdings Inc. (NYSE Q) opened at 87.57 on Friday. The stock has a market capitalization of $18.96 billion, a PE ratio of 253.83 and a beta of 0.64. Quintiles Transitional Holdings Inc. has a 12 month low of $70.10 and a 12 month high of $93.53. The company’s 50 day moving average price is $90.07 and its 200 day moving average price is $83.42.

Quintiles Transitional Holdings (NYSE:Q) last posted its quarterly earnings results on Thursday, August 3rd. The medical research company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.05 by $0.04. Quintiles Transitional Holdings had a return on equity of 14.23% and a net margin of 0.82%. The business had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same period last year, the firm earned $0.93 EPS. The company’s quarterly revenue was up 68.7% compared to the same quarter last year. Equities analysts anticipate that Quintiles Transitional Holdings Inc. will post $4.58 earnings per share for the current fiscal year.

Quintiles Transitional Holdings declared that its board has authorized a stock repurchase plan on Wednesday, May 24th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the medical research company to purchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

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Several research analysts recently weighed in on Q shares. Zacks Investment Research cut Quintiles Transitional Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, April 26th. Mizuho boosted their price objective on Quintiles Transitional Holdings from $90.00 to $93.00 and gave the company a “buy” rating in a research report on Thursday, May 4th. Evercore ISI restated an “in-line” rating and issued a $88.50 price objective (up from $84.00) on shares of Quintiles Transitional Holdings in a research report on Thursday, May 4th. Jefferies Group LLC restated a “hold” rating and issued a $81.00 price objective (up from $78.00) on shares of Quintiles Transitional Holdings in a research report on Friday, May 5th. Finally, Credit Suisse Group restated an “outperform” rating and issued a $96.00 price objective (up from $94.00) on shares of Quintiles Transitional Holdings in a research report on Tuesday, June 6th. Eleven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Quintiles Transitional Holdings has an average rating of “Hold” and a consensus price target of $89.94.

In related news, major shareholder Cpp Investment Board Private H sold 7,131,165 shares of the firm’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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John G. Danhakl sold 761,143 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $84.01, for a total value of $63,943,623.43. The disclosure for this sale can be found here. Insiders sold a total of 8,850,560 shares of company stock valued at $744,110,641 over the last ninety days. 6.40% of the stock is currently owned by company insiders.

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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