Decreases Holdings in Merck & Co., Inc. (NYSE:MRK)

This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases.

In related news, EVP Michael J. Holston sold 12,500 shares of Merck & Co., Inc. stock in a transaction on Tuesday, January 16th. The stock increased 0.69% or $0.38 during the last trading session, reaching $55.14. Inc. now owns 4,313 shares of the company's stock valued at $276,000 after purchasing an additional 40 shares during the period. (NYSE:MRK) by 16.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. It has outperformed by 0.16% the S&P500.

Hillcrest Asset Management Llc decreased its stake in Sanmina Corp (SANM) by 2.33% based on its latest 2017Q3 regulatory filing with the SEC. BMO Capital Markets set a $65.00 price target on shares of Merck & Co., Inc. and gave the stock a "buy" rating in a research report on Wednesday, February 21st. The Clearbridge Investments Llc holds 224,137 shares with $2.02 million value, down from 373,697 last quarter. $1.92M worth of F5 Networks, Inc. The stock decreased 0.80% or $0.24 during the last trading session, reaching $29.73. About 8.82M shares traded. The Manitowoc Company, Inc. (NYSE:MTW) has risen 0.72% since March 12, 2017 and is uptrending. It has underperformed by 11.68% the S&P500.

Recent insider trends for Merck & Co., Inc. Inc. had 80 analyst reports since August 13, 2015 according to SRatingsIntel. Therefore 71% are positive. The firm has "Neutral" rating by Longbow given on Tuesday, July 21. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. However, Merck stock is bouncing today following a bullish brokerage note.

Specifically, Leerink upgraded the blue chip to "outperform" from "market perform", while maintaining a price target of $66. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company. Quantres Asset Mgmt Ltd holds 1.18% in Merck & Co., Inc.

In other news, Director Wendell P. Weeks sold 5,000 shares of the company's stock in a transaction dated Friday, February 9th. As per Tuesday, August 18, the company rating was upgraded by BNP Paribas. The firm earned "Outperform" rating on Wednesday, February 14 by Credit Suisse. Jackson Grant Investment Advisers Inc. now owns 9,291 shares of the company's stock valued at $595,000 after acquiring an additional 39 shares during the period. It also reduced Ford Mtr Co (NYSE:F) stake by 95,563 shares and now owns 486,992 shares. Ishares Nasdaq Biotechnology I (IBB) was reduced too.

Investors sentiment decreased to 1.06 in 2017 Q3. The company has a current ratio of 1.33, a quick ratio of 1.06 and a debt-to-equity ratio of 0.62.

A number of other large investors have also modified their holdings of MRK. 106 funds opened positions while 598 raised stakes. The company reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.04.

On 7/25/2017 Merck & Co., Inc. announced a quarterly dividend of $0.47 with an ex dividend date of 9/14/2017 which will be payable on 10/6/2017. (NYSE:NI) for 85,700 shares.

Coho Partners Ltd, which manages about $1.39B and $3.90B US Long portfolio, decreased its stake in W. W. Grainger Inc. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.48 per share. Gfs Ltd holds 0.79% or 54,739 shares in its portfolio. Hl Financial Svcs Limited Liability Co owns 223,002 shares or 0.28% of their U.S. portfolio. (NYSE:MRK) or 16,200 shares. After $0.98 actual earnings per share reported by Merck & Co., Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth. (NYSE:MRK). Brandes Inv Prns LP has 2.03% invested in Merck & Co., Inc. Franklin Resources Inc. raised its holdings in shares of Merck & Co., Inc.by 3.1% during the second quarter. (NYSE:NI). Kbc Grp Nv holds 0.01% or 33,712 shares.

Merck & Co., Inc. has a 12-month low of $53.12 and a 12-month high of $66.41. The Maryland-based Wms Partners Limited Liability Company has invested 0.09% in Merck & Co., Inc. (NYSE:MRK) on Friday, April 15 with "Hold" rating. Aspen Investment Mgmt reported 7,362 shares. Icon Plc (NASDAQ:ICLR) was raised too. Locoh-Donou Francois also sold $239,281 worth of F5 Networks, Inc.

Analysts await The Manitowoc Company, Inc. (NYSE:MTW) to report earnings on May, 14. During the same quarter in the previous year, the company earned $0.89 earnings per share. The institutional investor held 9,416 shares of the technology company at the end of 2017Q3, valued at $1.14M, down from 13,586 at the end of the previous reported quarter. The company presently has an average rating of Hold and an average target price of $66.41. Therefore 36% are positive. Manitowoc Company had 68 analyst reports since July 27, 2015 according to SRatingsIntel. They issued a "buy" rating and a $64.00 price target on the stock. The rating was maintained by Jefferies with "Sell" on Thursday, May 25. On Tuesday, November 3 the stock rating was initiated by SunTrust with "Neutral". The rating was maintained by Deutsche Bank with "Hold" on Wednesday, October 12. The stock of Sanmina Corporation (NASDAQ:SANM) earned "Buy" rating by Needham on Tuesday, January 31. The company was downgraded on Monday, December 19 by Jefferies. (NASDAQ:FFIV) was sold by DiLullo John D on Friday, February 2. The rating was maintained by Needham with "Buy" on Wednesday, August 30. Its down 1.32, from 1.33 in 2017Q2. It worsened, as 22 investors sold MTW shares while 42 reduced holdings. Hays Advisory Limited reported 0.09% stake. Bancshares Of Montreal Can stated it has 0% of its portfolio in The Manitowoc Company, Inc. (NYSE:MTW). Secor Cap Limited Partnership accumulated 158,765 shares. (NYSE:MTW) for 226,200 shares. Visionary Asset Management invested in 0.88% or 47,232 shares. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued. Geode Mngmt Lc owns 1.14M shares. Stifel holds 0.73% or 3.28M shares in its portfolio. Millennium Limited Liability Company stated it has 1.46 million shares or 0.02% of all its holdings. Delta Asset Mgmt Limited Liability Tn accumulated 12,407 shares. Barclays Pcl reported 0% in The Manitowoc Company, Inc. Private Trust Co Na owns 10,624 shares or 0.06% of their United States portfolio. Evercore Wealth Ltd has invested 0% in NiSource Inc. (NYSE:MTW). Cookson Peirce & Inc has 0.01% invested in The Manitowoc Company, Inc. Eaton Vance holds 83,741 shares. Federated Pa holds 0% or 148,419 shares in its portfolio.

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