Edmond DE Rothschild Holding S.A. bought a new stake in Merck KGaA (OTCMKTS:MKGAF – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 399,582 shares of the company’s stock, valued at approximately $51,346,000. Edmond DE Rothschild Holding S.A. owned approximately 0.31% of Merck KGaA as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of the business. Addison Advisors LLC bought a new position in Merck KGaA during the second quarter valued at $90,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Merck KGaA during the 2nd quarter valued at about $134,000. Stevens Capital Partners purchased a new position in Merck KGaA in the second quarter worth about $220,000. United Bank purchased a new position in Merck KGaA in the second quarter worth about $248,000. Finally, CM Wealth Advisors LLC bought a new stake in Merck KGaA during the second quarter worth approximately $334,000. Hedge funds and other institutional investors own 0.10% of the company’s stock.
Merck KGaA Price Performance
OTCMKTS:MKGAF opened at $167.38 on Thursday. The firm has a market capitalization of $21.63 billion, a price-to-earnings ratio of 25.55 and a beta of 0.96. Merck KGaA has a 1 year low of $116.68 and a 1 year high of $175.56. The business has a 50 day simple moving average of $162.50 and a 200-day simple moving average of $148.28. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84.
Merck KGaA Company Profile
Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.
The company’s operations are organized mainly into three businesses.
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