Schafer Cullen Capital Management Inc. Has $78.40 Million Position in Roche Holding Ltd. (RHHBY)

Schafer Cullen Capital Management Inc. boosted its position in shares of Roche Holding Ltd. (NASDAQ:RHHBY) by 4.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,465,440 shares of the company’s stock after acquiring an additional 96,321 shares during the period. Schafer Cullen Capital Management Inc.’s holdings in Roche Holding were worth $78,401,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of RHHBY. Edmp Inc. purchased a new position in shares of Roche Holding in the second quarter worth $207,000. Delaney Dennis R raised its holdings in shares of Roche Holding by 1.8% in the first quarter. Delaney Dennis R now owns 7,625 shares of the company’s stock worth $244,000 after buying an additional 135 shares during the last quarter. Elefante Mark B raised its holdings in shares of Roche Holding by 9.9% in the second quarter. Elefante Mark B now owns 11,135 shares of the company’s stock worth $355,000 after buying an additional 1,000 shares during the last quarter. Moloney Securities Asset Management LLC raised its holdings in shares of Roche Holding by 26.4% in the second quarter. Moloney Securities Asset Management LLC now owns 12,084 shares of the company’s stock worth $385,000 after buying an additional 2,524 shares during the last quarter. Finally, Fayerweather Charles raised its holdings in shares of Roche Holding by 2.8% in the first quarter. Fayerweather Charles now owns 15,539 shares of the company’s stock worth $497,000 after buying an additional 425 shares during the last quarter.

A number of research analysts have issued reports on the stock. BNP Paribas reaffirmed a “neutral” rating on shares of Roche Holding in a report on Tuesday, June 20th. UBS AG cut shares of Roche Holding from a “buy” rating to a “neutral” rating in a report on Thursday, July 6th. Cowen and Company set a $38.00 price target on shares of Roche Holding and gave the stock a “buy” rating in a report on Monday, August 14th. Societe Generale cut shares of Roche Holding from a “buy” rating to a “hold” rating in a report on Friday, June 30th. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Roche Holding in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. Roche Holding presently has an average rating of “Hold” and a consensus price target of $38.00.

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About Roche Holding

Roche Holding AG (Roche) is a research-based healthcare company. The Company’s operating businesses are organized into two divisions: Pharmaceuticals and Diagnostics. The Pharmaceuticals Division consists of two business segments: Roche Pharmaceuticals and Chugai. The Diagnostics Division consists of four business areas: Diabetes Care, Molecular Diagnostics, Professional Diagnostics and Tissue Diagnostics.

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Institutional Ownership by Quarter for Roche Holding (NASDAQ:RHHBY)

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