OMERS ADMINISTRATION Corp increased its position in Charles River Laboratories International, Inc. (NYSE:CRL – Free Report) by 15.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,529 shares of the medical research company’s stock after buying an additional 8,000 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Charles River Laboratories International were worth $11,675,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Tema Etfs LLC acquired a new position in shares of Charles River Laboratories International in the fourth quarter valued at approximately $26,000. Rothschild Investment LLC raised its position in shares of Charles River Laboratories International by 82.4% in the third quarter. Rothschild Investment LLC now owns 186 shares of the medical research company’s stock valued at $29,000 after buying an additional 84 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Charles River Laboratories International in the fourth quarter valued at approximately $42,000. Sfam LLC acquired a new position in shares of Charles River Laboratories International in the fourth quarter valued at approximately $43,000. Finally, Activest Wealth Management raised its position in shares of Charles River Laboratories International by 10,900.0% in the fourth quarter. Activest Wealth Management now owns 220 shares of the medical research company’s stock valued at $44,000 after buying an additional 218 shares during the last quarter. Institutional investors and hedge funds own 98.91% of the company’s stock.
Charles River Laboratories International Price Performance
Charles River Laboratories International stock opened at $188.74 on Tuesday. Charles River Laboratories International, Inc. has a 1 year low of $143.06 and a 1 year high of $228.88. The firm has a 50 day moving average price of $173.80 and a 200 day moving average price of $182.57. The company has a market cap of $9.09 billion, a price-to-earnings ratio of -50.20, a PEG ratio of 2.14 and a beta of 1.46. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.03 and a current ratio of 1.36.
Analyst Ratings Changes
CRL has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of Charles River Laboratories International from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. JPMorgan Chase & Co. lowered their target price on shares of Charles River Laboratories International from $165.00 to $160.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Barclays boosted their target price on shares of Charles River Laboratories International from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, May 8th. UBS Group boosted their target price on shares of Charles River Laboratories International from $170.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Finally, Mizuho set a $192.00 target price on shares of Charles River Laboratories International in a report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Charles River Laboratories International has a consensus rating of “Moderate Buy” and an average target price of $208.50.
View Our Latest Stock Report on Charles River Laboratories International
About Charles River Laboratories International
Charles River Laboratories International, Inc is a leading provider of research models and preclinical and clinical support services for the pharmaceutical, biotechnology and medical device industries. The company’s core offerings include discovery, safety assessment, toxicology, and pathology services, as well as supply of laboratory animals and related diagnostics. Services extend across in vivo and in vitro testing, biologics testing, and support for advanced therapies, helping clients accelerate drug development from early discovery through regulatory submission.
Founded in 1947 in Wilmington, Massachusetts, Charles River has grown through strategic investments and acquisitions to establish a broad portfolio of capabilities.
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