MSH Capital Advisors LLC bought a new stake in Merck KGaA (OTCMKTS:MKGAF – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,998 shares of the company’s stock, valued at approximately $1,285,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Puzo Michael J bought a new stake in Merck KGaA during the 2nd quarter worth approximately $2,230,000. NWK Group Inc. bought a new position in Merck KGaA in the 2nd quarter valued at $257,000. Live Oak Investment Partners bought a new position in Merck KGaA in the 2nd quarter valued at $1,769,000. Frazier Financial Advisors LLC acquired a new position in Merck KGaA in the second quarter worth $25,000. Finally, Bell & Brown Wealth Advisors LLC acquired a new position in Merck KGaA in the second quarter worth $5,662,000. 0.10% of the stock is owned by institutional investors and hedge funds.
Merck KGaA Price Performance
Shares of MKGAF stock opened at $167.38 on Thursday. Merck KGaA has a 52 week low of $116.68 and a 52 week high of $175.56. The stock has a market capitalization of $21.63 billion, a PE ratio of 25.55 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31. The stock’s fifty day moving average is $162.50 and its 200-day moving average is $148.28.
About Merck KGaA
Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.
The company’s operations are organized mainly into three businesses.
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