Hilltop National Bank Acquires Shares of 6,463 Stevanato Group S.p.A. $STVN

Hilltop National Bank bought a new stake in Stevanato Group S.p.A. (NYSE:STVN) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 6,463 shares of the company’s stock, valued at approximately $158,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whittier Trust Co. bought a new stake in shares of Stevanato Group in the first quarter worth $27,000. Twin Tree Management LP acquired a new position in Stevanato Group during the 1st quarter worth $29,000. SVB Wealth LLC bought a new stake in shares of Stevanato Group in the 1st quarter worth about $46,000. Van Berkom & Associates Inc. raised its stake in shares of Stevanato Group by 33.3% in the 1st quarter. Van Berkom & Associates Inc. now owns 2,400 shares of the company’s stock valued at $49,000 after purchasing an additional 600 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Stevanato Group by 62.4% during the first quarter. PNC Financial Services Group Inc. now owns 9,182 shares of the company’s stock worth $187,000 after purchasing an additional 3,528 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts recently weighed in on STVN shares. Weiss Ratings reissued a “hold (c)” rating on shares of Stevanato Group in a report on Saturday, September 27th. William Blair reaffirmed an “outperform” rating on shares of Stevanato Group in a report on Monday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Stevanato Group Price Performance

Shares of NYSE:STVN opened at €26.05 on Friday. The company has a market cap of $7.89 billion, a PE ratio of 48.24, a P/E/G ratio of 2.45 and a beta of 0.57. Stevanato Group S.p.A. has a fifty-two week low of €17.12 and a fifty-two week high of €28.00. The firm has a 50-day simple moving average of €24.55 and a 200 day simple moving average of €23.48. The company has a quick ratio of 1.22, a current ratio of 1.79 and a debt-to-equity ratio of 0.25.

Stevanato Group Company Profile

Stevanato Group S.p.A. engages in the design, production, and distribution of products and processes to provide integrated solutions for bio-pharma and healthcare industries in Europe, the Middle East, Africa, North America, South America, and the Asia Pacific. The company operates in two segments, Biopharmaceutical and Diagnostic Solutions; and Engineering.