Vise Technologies Inc. acquired a new stake in shares of Merck KGaA (OTCMKTS:MKGAF – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 217,819 shares of the company’s stock, valued at approximately $27,990,000. Vise Technologies Inc. owned 0.17% of Merck KGaA as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently made changes to their positions in MKGAF. Frazier Financial Advisors LLC bought a new stake in Merck KGaA during the 2nd quarter valued at $25,000. Addison Advisors LLC purchased a new stake in Merck KGaA during the 2nd quarter valued at $90,000. Comprehensive Financial Planning Inc. PA bought a new stake in Merck KGaA in the 2nd quarter worth $134,000. Stevens Capital Partners purchased a new position in shares of Merck KGaA in the second quarter valued at about $220,000. Finally, United Bank purchased a new position in shares of Merck KGaA in the second quarter valued at about $248,000. 0.10% of the stock is owned by hedge funds and other institutional investors.
Merck KGaA Stock Performance
Shares of OTCMKTS:MKGAF opened at $162.12 on Friday. Merck KGaA has a 12 month low of $116.68 and a 12 month high of $175.56. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average price of $162.47 and a 200-day moving average price of $148.35. The company has a market cap of $20.95 billion, a price-to-earnings ratio of 24.75 and a beta of 0.96.
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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