12,410 Shares in Takeda Pharmaceutical Company Limited (NYSE:TAK) Purchased by BSW Wealth Partners

BSW Wealth Partners bought a new position in Takeda Pharmaceutical Company Limited (NYSE:TAK) during the 1st quarter, HoldingsChannel.com reports. The fund bought 12,410 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds have also recently modified their holdings of TAK. Concord Wealth Partners increased its holdings in shares of Takeda Pharmaceutical by 61.7% during the 1st quarter. Concord Wealth Partners now owns 1,712 shares of the company’s stock valued at $31,000 after acquiring an additional 653 shares during the last quarter. Pinnacle Bancorp Inc. boosted its stake in Takeda Pharmaceutical by 172.9% during the 1st quarter. Pinnacle Bancorp Inc. now owns 2,527 shares of the company’s stock valued at $46,000 after purchasing an additional 1,601 shares during the period. Bessemer Group Inc. bought a new stake in shares of Takeda Pharmaceutical in the 1st quarter worth approximately $62,000. Parallel Advisors LLC lifted its position in shares of Takeda Pharmaceutical by 25.1% in the 1st quarter. Parallel Advisors LLC now owns 4,758 shares of the company’s stock worth $87,000 after acquiring an additional 954 shares during the period. Finally, Captrust Financial Advisors lifted its position in shares of Takeda Pharmaceutical by 45.6% in the 4th quarter. Captrust Financial Advisors now owns 6,122 shares of the company’s stock worth $111,000 after acquiring an additional 1,918 shares during the period. 3.40% of the stock is currently owned by institutional investors.

Takeda Pharmaceutical stock opened at $16.85 on Thursday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 1.10. The company has a market cap of $53.17 billion, a P/E ratio of 8.46 and a beta of 1.06. Takeda Pharmaceutical Company Limited has a one year low of $15.30 and a one year high of $19.97. The stock’s 50 day moving average is $16.95.

Takeda Pharmaceutical (NYSE:TAK) last posted its earnings results on Tuesday, May 11th. The company reported $0.41 EPS for the quarter. The business had revenue of $7.27 billion during the quarter. Takeda Pharmaceutical had a return on equity of 13.68% and a net margin of 11.77%. On average, sell-side analysts anticipate that Takeda Pharmaceutical Company Limited will post 1.39 EPS for the current year.

A number of analysts have commented on the company. Jefferies Financial Group downgraded Takeda Pharmaceutical from a “buy” rating to a “hold” rating in a research report on Monday, April 5th. Zacks Investment Research downgraded Takeda Pharmaceutical from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 22nd. Finally, JPMorgan Chase & Co. downgraded Takeda Pharmaceutical from an “overweight” rating to a “neutral” rating in a research report on Monday, April 19th.

Takeda Pharmaceutical Company Profile

Takeda Pharmaceutical Company Limited engages in the research, development, manufacturing, and marketing of pharmaceutical products, over-the-counter medicines and quasi-drug consumer products, and other healthcare products. It offers pharmaceutical products in the areas of gastroenterology; oncology; neuroscience; and rare diseases, such as rare metabolic and hematology, and heredity angioedema, as well as plasma-derived therapies and vaccines.

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Institutional Ownership by Quarter for Takeda Pharmaceutical (NYSE:TAK)

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