Cauble & Harre Wealth Management Inc. acquired a new position in Merck KGaA (OTCMKTS:MKGAF – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,262 shares of the company’s stock, valued at approximately $422,000.
Several other large investors also recently made changes to their positions in the business. Frazier Financial Advisors LLC bought a new position in shares of Merck KGaA in the second quarter valued at about $25,000. Kilter Group LLC acquired a new position in Merck KGaA during the 2nd quarter worth about $62,000. Addison Advisors LLC bought a new stake in Merck KGaA during the 2nd quarter worth about $90,000. Hara Capital LLC bought a new stake in Merck KGaA during the 2nd quarter worth about $110,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Merck KGaA in the 2nd quarter valued at about $134,000. Institutional investors own 0.10% of the company’s stock.
Merck KGaA Trading Up 0.7%
Shares of OTCMKTS MKGAF opened at $163.21 on Friday. Merck KGaA has a 1-year low of $116.68 and a 1-year high of $175.56. The company has a market cap of $21.09 billion, a PE ratio of 24.92 and a beta of 0.96. 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 of $162.62 and a two-hundred day moving average of $148.46.
Merck KGaA Company Profile
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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