Winnow Wealth LLC Purchases 12,091 Shares of Merck & Co., Inc. $MRK

Winnow Wealth LLC grew its position in Merck & Co., Inc. (NYSE:MRKFree Report) by 2,147.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,654 shares of the company’s stock after buying an additional 12,091 shares during the quarter. Winnow Wealth LLC’s holdings in Merck & Co., Inc. were worth $1,063,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dakota Community Bank & Trust NA lifted its holdings in Merck & Co., Inc. by 3.4% during the third quarter. Dakota Community Bank & Trust NA now owns 3,566 shares of the company’s stock worth $299,000 after buying an additional 116 shares during the period. Security National Bank of Sioux City Iowa IA increased its holdings in shares of Merck & Co., Inc. by 3.6% in the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 3,402 shares of the company’s stock valued at $286,000 after acquiring an additional 119 shares during the period. Investors Research Corp raised its position in shares of Merck & Co., Inc. by 1.3% in the 3rd quarter. Investors Research Corp now owns 9,325 shares of the company’s stock worth $783,000 after acquiring an additional 120 shares in the last quarter. Trust Point Inc. lifted its stake in shares of Merck & Co., Inc. by 0.8% during the 3rd quarter. Trust Point Inc. now owns 14,834 shares of the company’s stock worth $1,245,000 after purchasing an additional 120 shares during the last quarter. Finally, Nicolet Bankshares Inc. lifted its stake in shares of Merck & Co., Inc. by 2.0% during the 2nd quarter. Nicolet Bankshares Inc. now owns 6,169 shares of the company’s stock worth $488,000 after purchasing an additional 121 shares during the last quarter. Institutional investors own 76.07% of the company’s stock.

Merck & Co., Inc. Stock Up 1.8%

NYSE:MRK opened at $110.24 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. Merck & Co., Inc. has a twelve month low of $73.31 and a twelve month high of $112.90. The company has a market cap of $273.62 billion, a PE ratio of 14.56, a P/E/G ratio of 1.52 and a beta of 0.29. The company’s 50 day moving average is $105.20 and its two-hundred day moving average is $91.87.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.14). Merck & Co., Inc. had a return on equity of 44.54% and a net margin of 29.63%. Analysts anticipate that Merck & Co., Inc. will post 9.01 EPS for the current year.

Merck & Co., Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Investors of record on Monday, March 16th will be issued a dividend of $0.85 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.1%. Merck & Co., Inc.’s payout ratio is 44.91%.

Trending Headlines about Merck & Co., Inc.

Here are the key news stories impacting Merck & Co., Inc. this week:

Insider Activity at Merck & Co., Inc.

In other Merck & Co., Inc. news, EVP David Michael Williams sold 8,614 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $83.59, for a total transaction of $720,044.26. Following the completion of the transaction, the executive vice president directly owned 24,578 shares of the company’s stock, valued at approximately $2,054,475.02. This trade represents a 25.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. UBS Group lifted their target price on Merck & Co., Inc. from $105.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. Zacks Research cut shares of Merck & Co., Inc. from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. Wolfe Research raised shares of Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 price objective on the stock in a research report on Thursday, January 8th. Wall Street Zen raised shares of Merck & Co., Inc. from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Citigroup raised their target price on shares of Merck & Co., Inc. from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $114.53.

Read Our Latest Analysis on Merck & Co., Inc.

Merck & Co., Inc. Company Profile

(Free Report)

Merck & Co, Inc is a global biopharmaceutical company engaged in the discovery, development, manufacture and marketing of prescription medicines, vaccines, biologic therapies and animal health products. Its portfolio spans multiple therapeutic areas with a particular emphasis on oncology, vaccines and infectious disease, as well as therapies for metabolic and chronic conditions. Among its well-known products are the cancer immunotherapy Keytruda (pembrolizumab) and the human papillomavirus vaccine Gardasil; the company also markets a range of medicines and vaccines for veterinary use through Merck Animal Health.

Founded in the late 19th century as the U.S.

See Also

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Institutional Ownership by Quarter for Merck & Co., Inc. (NYSE:MRK)

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