Woodley Farra Manion Portfolio Management Has Upped By $411,488 Its Merck & Co (MRK) Position; Asia Pacific Fund Has 1.6 Sentiment

May 27, 2018 - By Clifton Ray

Merck & Co., Inc. (NYSE:MRK) Logo

Asia Pacific Fund Inc (APB) investors sentiment increased to 1.6 in 2017 Q4. It’s up 0.60, from 1 in 2017Q3. The ratio improved, as 8 hedge funds increased and opened new equity positions, while 5 sold and reduced their stock positions in Asia Pacific Fund Inc. The hedge funds in our database now hold: 7.35 million shares, down from 7.39 million shares in 2017Q3. Also, the number of hedge funds holding Asia Pacific Fund Inc in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 3 Increased: 6 New Position: 2.

Woodley Farra Manion Portfolio Management Inc increased Merck & Co Inc (MRK) stake by 1.69% reported in 2017Q4 SEC filing. Woodley Farra Manion Portfolio Management Inc acquired 7,348 shares as Merck & Co Inc (MRK)’s stock declined 4.63%. The Woodley Farra Manion Portfolio Management Inc holds 442,300 shares with $24.89M value, up from 434,952 last quarter. Merck & Co Inc now has $158.97 billion valuation. The stock decreased 0.07% or $0.04 during the last trading session, reaching $59.09. About 6.67 million shares traded. Merck & Co., Inc. (NYSE:MRK) has declined 14.94% since May 27, 2017 and is downtrending. It has underperformed by 26.49% the S&P500.

Investors sentiment decreased to 0.94 in 2017 Q4. Its down 0.12, from 1.06 in 2017Q3. It worsened, as 94 investors sold MRK shares while 631 reduced holdings. 123 funds opened positions while 558 raised stakes. 1.93 billion shares or 1.34% less from 1.96 billion shares in 2017Q3 were reported. Reilly Financial Llc has 4,835 shares. Veritable LP holds 0.18% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 162,047 shares. Philadelphia Trust owns 27,414 shares for 0.12% of their portfolio. Lombard Odier Asset Mngmt (Switzerland) Sa invested in 9,625 shares or 0.05% of the stock. Regents Of The University Of California holds 1.83% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 21,600 shares. Nichols & Pratt Advisers Limited Liability Partnership Ma reported 3.35% stake. Investment Mngmt Of Virginia Ltd Liability Corp invested in 0.73% or 54,725 shares. Institute For Wealth Management Limited Liability Corporation holds 0.16% or 11,962 shares. Credit Suisse Ag stated it has 9.05 million shares or 0.46% of all its holdings. Amer National Bank & Trust stated it has 0.13% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Banque Pictet & Cie stated it has 0.33% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Arcadia Invest Corporation Mi has invested 0.02% in Merck & Co., Inc. (NYSE:MRK). Hrt Financial invested in 16,397 shares or 0.94% of the stock. Retirement Sys Of Alabama holds 1.60 million shares or 0.43% of its portfolio. The Alabama-based Wealthtrust has invested 0.07% in Merck & Co., Inc. (NYSE:MRK).

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 21 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Merck & Co. Inc. had 90 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Leerink Swann given on Monday, October 30. On Wednesday, February 14 the stock rating was maintained by BMO Capital Markets with “Outperform”. Barclays Capital upgraded Merck & Co., Inc. (NYSE:MRK) on Thursday, April 5 to “Overweight” rating. As per Friday, April 13, the company rating was maintained by Jefferies. The stock of Merck & Co., Inc. (NYSE:MRK) earned “Hold” rating by SunTrust on Monday, October 30. Bank of America downgraded the shares of MRK in report on Wednesday, January 27 to “Neutral” rating. As per Friday, September 9, the company rating was maintained by Barclays Capital. The stock of Merck & Co., Inc. (NYSE:MRK) has “Outperform” rating given on Thursday, October 12 by BMO Capital Markets. The rating was maintained by Deutsche Bank on Monday, July 17 with “Hold”. As per Monday, October 30, the company rating was upgraded by Citigroup.

More notable recent Merck & Co., Inc. (NYSE:MRK) news were published by: 247Wallst.com which released: “What to Look For in the Merck and Pfizer Reports Tuesday Morning” on April 30, 2018, also Livetradingnews.com with their article: “Merck & Co., Inc. (NYSE:MRK) Trending Upwards” published on May 18, 2018, Seekingalpha.com published: “New Ebola outbreak hits Congo” on May 13, 2018. More interesting news about Merck & Co., Inc. (NYSE:MRK) were released by: Seekingalpha.com and their article: “Merck: Getting Stronger” published on May 04, 2018 as well as Seekingalpha.com‘s news article titled: “Congo’s Ebola outbreak in ‘new phase'” with publication date: May 17, 2018.

City Of London Investment Management Co Ltd holds 4.61% of its portfolio in The Asia Pacific Fund, Inc. for 4.65 million shares. Karpus Management Inc. owns 1.63 million shares or 1.09% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.3% invested in the company for 367,581 shares. The Colorado-based Icon Advisers Inc Co has invested 0.15% in the stock. Bulldog Investors Llc, a New Jersey-based fund reported 30,920 shares.

The stock decreased 0.68% or $0.1 during the last trading session, reaching $14.5. About 2,350 shares traded. The Asia Pacific Fund, Inc. (APB) has risen 32.32% since May 27, 2017 and is uptrending. It has outperformed by 20.77% the S&P500.

Another recent and important The Asia Pacific Fund, Inc. (NYSE:APB) news was published by Globenewswire.com which published an article titled: “The Asia Pacific Fund, Inc. Board to Submit Proposal for Liquidation of the Fund to Vote of Stockholders” on May 23, 2018.

Merck & Co., Inc. (NYSE:MRK) Institutional Positions Chart

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