Tcw Grp Inc Inc Inc holds 0% of its portfolio in Mallinckrodt Public Limited Company (NYSE:MNK) for 11,217 shares. New York State Common Retirement Fund now owns 221,000 shares of the company's stock worth $8,259,000 after purchasing an additional 9,800 shares during the last quarter.
A number of other large investors have also recently bought and sold shares of the business. Teachers Advisors LLC boosted its position in Mallinckrodt by 4.3% during the first quarter. Municipal Employees Retirement System of MI now owns 31,600 shares of the company's stock valued at $1,181,000 after buying an additional 25,960 shares during the last quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt stated it has 7,381 shares. Also, CEO Mark Trudeau purchased 5,000 shares of the company's stock in a transaction on Friday, November 10th. Westpac Banking Corp's holdings in Mallinckrodt PLC were worth $1,199,000 as of its most recent filing with the SEC. Victory Cap Mgmt reported 0% stake. Focused Wealth Management Inc increased its stake in shares of Mallinckrodt PLC by 19.7% in the fourth quarter. Great West Life Assurance Co. The number of shares now owned by investors are 96.36 mln. Principal Financial Group Inc. now owns 413,881 shares of the company's stock worth $15,467,000 after purchasing an additional 258,946 shares during the last quarter.
Several research analysts recently commented on the stock. BMO Capital Markets maintained the stock with "Buy" rating in Thursday, October 5 report. Zacks Investment Research lowered shares of Mallinckrodt from a "hold" rating to a "sell" rating in a research report on Tuesday, October 17th. The stock has "Overweight" rating by Piper Jaffray on Wednesday, August 24. Mizuho restated a "buy" rating and set a $73.00 price objective on shares of Mallinckrodt PLC in a research report on Wednesday. Guggenheim set a $98.00 price objective on shares of Mallinckrodt PLC and gave the company a "buy" rating in a research report on Saturday, April 1st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company. Mallinckrodt presently has a consensus rating of "Hold" and a consensus target price of $48.14. Institutional investors and hedge funds own 97.40% of the company's stock.
Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of -5.20% and struggles for 50 days moving average of buoyant run is -26.32%. Ascend Lc owns 742,659 shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Advantus Capital Management Inc now owns 12,286 shares of the company's stock worth $459,000 after purchasing an additional 2,352 shares during the last quarter. $69.42's average target is 223.94% above currents $21.43 stock price. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 30,460 shares of company stock worth $659,486. Nationwide Fund Advsr has 0.01% invested in Mallinckrodt Public Limited Company (NYSE:MNK) for 47,405 shares. 2,859,200 shares of the company's stock traded hands, compared to its average volume of 2,584,930. Slightly noticeable ratio of firm is current ratio, which is standing at 1.40. Mallinckrodt PLC has a 52-week low of $38.81 and a 52-week high of $85.83. The firm has a market capitalization of $2,086.31, a price-to-earnings ratio of 2.96, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30.
Mallinckrodt (NYSE:MNK) last issued its earnings results on Tuesday, November 7th. The company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.17. The Return on Equity (ROE) value stands at 7.3%. The firm had revenue of $793.90 million for the quarter, compared to analyst estimates of $808.93 million. During the same period in the prior year, the business earned $2.01 earnings per share.