Published: Thu, February 15, 2018
Business | By Tara Barton

Traders Secrets on AmerisourceBergen Corporation (ABC), KeyCorp (KEY)


The firm has noticeable volatility credentials; price volatility of stock was 5.29% for a week and 3.46% for a month. About 1.89 million shares traded. Sun Life Financial INC raised its position in shares of AmerisourceBergen by 15,000.0% during the 2nd quarter. Insiders own 27.30% of the company's stock.

In related news, Director Richard W. Gochnauer sold 2,000 shares of the company's stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $101.13, for a total transaction of $230,374.14. After this sale, 51,289 common shares of ABC are directly owned by the insider, with total stake valued at $5,014,526. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1 analysts gave its stock an Outperform rating. The disclosure for this sale can be found here. The SEC filing shows that Guttman Tim G. performed a sale of 11,600 shares.

ABC has been the topic of a number of research analyst reports.

AmerisourceBergen Corporation (ABC) has been given an average price target of $105.79 from analysts, according to data collected by Finviz. Finally, Deutsche Bank started coverage on shares of AmerisourceBergen in a research report on Monday, December 4th. The forecast of 4 surveyed investment analysts covering the stock advises investors to Buy stake in the company. TheStreet upgraded shares of AmerisourceBergen from a "c" rating to a "b" rating in a research note on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Mizuho upgraded it to "Buy" rating and $83 target in Wednesday, November 9 report.

AmerisourceBergen Corp. has a twelve month low of $71.90 and a twelve month high of $106.27. (ABC) opened at $97.77 on Wednesday. Vanguard Group Inc owns $1.4 billion in AmerisourceBergen Corporation, which represents roughly 6.35% of the company's market cap and approximately 10.37% of the institutional ownership.

Realogy Target of Unusually Large Options Trading (NYSE:RLGY)
It fall, as 15 investors sold EFSC shares while 49 reduced holdings. 117 funds opened positions while 547 raised stakes. Fuller & Thaler Asset Management Inc. bought a new position in Realogy during the fourth quarter valued at $175,000.

The company's ATR (Average True Range) is 0.58. Needham initiated AmerisourceBergen Corporation (NYSE:ABC) on Tuesday, April 4 with "Buy" rating. AmerisourceBergen had a net margin of 0.66% and a return on equity of 53.65%.

Analysts believe that the company has the potential to earn average revenue of $40.43 Billion for the current quarter.

AmerisourceBergen Corporation (NYSE:ABC) reported its EPS in the last quarter as $1.55/Share beating the analyst estimate of $1.35/Share by a difference of $0.2. Shareholders of record on Tuesday, February 20th will be paid a dividend of $0.38 per share. The ex-dividend date is Friday, February 16th. AmerisourceBergen's payout ratio is 32.76%.

TRADEMARK VIOLATION WARNING: "Catalyst Capital Advisors LLC Has $2.48 Million Holdings in AmerisourceBergen Corp". If you are viewing this story on another website, it was illegally copied and reposted in violation of United States & global trademark & copyright legislation. The original version of this story can be accessed at https://registrarjournal.com/2018/02/14/catalyst-capital-advisors-llc-has-2-48-million-holdings-in-amerisourcebergen-corp-abc.html.

AmerisourceBergen Corporation provides pharmaceutical services. The Company's segments include Pharmaceutical Distribution and Other. AmerisourceBergen Corporation is based in Chesterbrook, Pennsylvania. Hedge funds and other institutional investors own 66.84% of the company's stock.

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