OneAscent Wealth Management LLC purchased a new stake in Merck KGaA (OTCMKTS:MKGAF – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,489 shares of the company’s stock, valued at approximately $577,000.
Other large investors also recently modified their holdings of the company. Frazier Financial Advisors LLC bought a new stake in shares of Merck KGaA in the 2nd quarter valued at $25,000. Kilter Group LLC acquired a new stake in Merck KGaA in the second quarter worth $62,000. Addison Advisors LLC bought a new stake in Merck KGaA in the second quarter valued at $90,000. Hara Capital LLC bought a new stake in Merck KGaA in the second quarter valued at $110,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Merck KGaA during the second quarter valued at approximately $134,000. Institutional investors and hedge funds own 0.10% of the company’s stock.
Merck KGaA Stock Performance
MKGAF opened at $163.21 on Friday. Merck KGaA has a 1-year low of $116.68 and a 1-year high of $175.56. The company has a market cap of $21.09 billion, a price-to-earnings ratio of 24.92 and a beta of 0.96. The company’s fifty day moving average price is $162.62 and its two-hundred day moving average price is $148.46. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27.
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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