TT International raised its stake in shares of Gilead Sciences, Inc. (NASDAQ:GILD) by 2.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 88,014 shares of the biopharmaceutical company’s stock after purchasing an additional 2,074 shares during the quarter. Gilead Sciences makes up about 1.5% of TT International’s holdings, making the stock its 24th biggest holding. TT International’s holdings in Gilead Sciences were worth $6,236,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the business. Seizert Capital Partners LLC boosted its holdings in shares of Gilead Sciences by 4.6% during the 1st quarter. Seizert Capital Partners LLC now owns 632,574 shares of the biopharmaceutical company’s stock valued at $42,964,000 after buying an additional 27,547 shares in the last quarter. Investment Centers of America Inc. boosted its holdings in shares of Gilead Sciences by 7.2% during the 1st quarter. Investment Centers of America Inc. now owns 29,064 shares of the biopharmaceutical company’s stock valued at $1,979,000 after buying an additional 1,958 shares in the last quarter. Fagan Associates Inc. boosted its holdings in shares of Gilead Sciences by 2.6% during the 2nd quarter. Fagan Associates Inc. now owns 33,075 shares of the biopharmaceutical company’s stock valued at $2,341,000 after buying an additional 845 shares in the last quarter. Dai Ichi Life Insurance Company Ltd boosted its holdings in shares of Gilead Sciences by 7.6% during the 2nd quarter. Dai Ichi Life Insurance Company Ltd now owns 160,025 shares of the biopharmaceutical company’s stock valued at $11,327,000 after buying an additional 11,299 shares in the last quarter. Finally, Capital Asset Advisory Services LLC bought a new stake in shares of Gilead Sciences during the 2nd quarter valued at $875,000. 76.23% of the stock is currently owned by institutional investors and hedge funds.
In other Gilead Sciences news, insider John C. Martin sold 73,333 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $82.56, for a total value of $6,054,372.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John F. Milligan sold 220,000 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $72.88, for a total value of $16,033,600.00. The disclosure for this sale can be found here. In the last three months, insiders sold 494,999 shares of company stock valued at $37,404,139. 1.30% of the stock is owned by insiders.
Gilead Sciences, Inc. (NASDAQ:GILD) opened at $74.22 on Monday. Gilead Sciences, Inc. has a 52-week low of $63.76 and a 52-week high of $86.27. The company has a debt-to-equity ratio of 1.10, a current ratio of 3.68 and a quick ratio of 3.56. The firm has a market capitalization of $96,951.29, a PE ratio of 7.75, a price-to-earnings-growth ratio of -1.24 and a beta of 1.13.
Gilead Sciences (NASDAQ:GILD) last issued its earnings results on Thursday, October 26th. The biopharmaceutical company reported $2.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.13 by $0.14. Gilead Sciences had a return on equity of 57.15% and a net margin of 42.22%. The business had revenue of $6.51 billion during the quarter, compared to analyst estimates of $6.40 billion. During the same quarter in the previous year, the firm earned $2.75 EPS. Gilead Sciences’s revenue was down 13.2% on a year-over-year basis. equities analysts forecast that Gilead Sciences, Inc. will post 8.53 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Friday, December 15th will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Thursday, December 14th. Gilead Sciences’s dividend payout ratio (DPR) is 23.69%.
About Gilead Sciences
Gilead Sciences, Inc is a research-based biopharmaceutical company that discovers, develops and commercializes medicines in areas of unmet medical need. The Company’s portfolio of products and pipeline of investigational drugs includes treatments for Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome (HIV/AIDS), liver diseases, cancer, inflammatory and respiratory diseases and cardiovascular conditions.
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