MidWestOne Financial Group Inc. Increases Position in Sanofi $SNY

MidWestOne Financial Group Inc. grew its holdings in Sanofi (NASDAQ:SNYFree Report) by 90.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,940 shares of the company’s stock after purchasing an additional 14,237 shares during the period. MidWestOne Financial Group Inc.’s holdings in Sanofi were worth $1,413,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SNY. Brighton Jones LLC boosted its holdings in shares of Sanofi by 52.6% in the fourth quarter. Brighton Jones LLC now owns 5,420 shares of the company’s stock valued at $261,000 after purchasing an additional 1,869 shares during the period. AQR Capital Management LLC raised its position in Sanofi by 107.2% during the 1st quarter. AQR Capital Management LLC now owns 30,518 shares of the company’s stock valued at $1,693,000 after purchasing an additional 15,791 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Sanofi by 1.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,255 shares of the company’s stock valued at $2,732,000 after purchasing an additional 752 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Sanofi by 5.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,751 shares of the company’s stock worth $326,000 after buying an additional 347 shares during the period. Finally, Concurrent Investment Advisors LLC grew its position in shares of Sanofi by 26.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 12,226 shares of the company’s stock worth $591,000 after buying an additional 2,526 shares in the last quarter. 14.03% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

Several analysts recently weighed in on SNY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Sanofi in a report on Friday, January 16th. TD Cowen restated a “hold” rating on shares of Sanofi in a report on Tuesday, December 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sanofi in a research note on Monday, December 29th. Guggenheim lowered shares of Sanofi from a “buy” rating to a “neutral” rating in a report on Tuesday, December 9th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Sanofi in a report on Monday, October 27th. Five equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Sanofi presently has a consensus rating of “Hold” and an average price target of $62.67.

Get Our Latest Analysis on SNY

Sanofi Trading Down 2.2%

NASDAQ SNY opened at $46.01 on Friday. Sanofi has a 52 week low of $44.62 and a 52 week high of $60.12. The company has a 50 day moving average price of $47.73 and a 200 day moving average price of $48.60. The company has a quick ratio of 0.29, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The firm has a market cap of $112.22 billion, a PE ratio of 12.78, a price-to-earnings-growth ratio of 1.22 and a beta of 0.45.

Sanofi Company Profile

(Free Report)

Sanofi (NASDAQ:SNY) is a multinational pharmaceutical company headquartered in France that researches, develops, manufactures and markets prescription medicines, vaccines and consumer healthcare products. The company operates across multiple therapeutic areas, including immunology, rare diseases, oncology, cardiovascular and metabolic diseases, and vaccines through its Sanofi Pasteur division. Sanofi sells products to hospitals, clinics, governments and retail pharmacies, with a broad global footprint and significant presence in Europe, North America and emerging markets.

Key commercial offerings include specialty biologics and established small-molecule medicines.

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Institutional Ownership by Quarter for Sanofi (NASDAQ:SNY)

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