Abbrea Capital LLC maintained its stake in Roche Holding Ltd. (NASDAQ:RHHBY) during the second quarter, Holdings Channel reports. The institutional investor owned 25,420 shares of the company’s stock at the end of the second quarter. Abbrea Capital LLC’s holdings in Roche Holding were worth $808,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Moloney Securities Asset Management LLC raised its stake in Roche Holding by 5.9% in the first quarter. Moloney Securities Asset Management LLC now owns 9,560 shares of the company’s stock valued at $305,000 after buying an additional 534 shares during the period. Taylor Cottrill Erickson & Associates Inc. raised its stake in Roche Holding by 7.4% in the first quarter. Taylor Cottrill Erickson & Associates Inc. now owns 30,870 shares of the company’s stock worth $989,000 after buying an additional 2,125 shares during the period. Everett Harris & Co. CA raised its stake in Roche Holding by 13.3% in the first quarter. Everett Harris & Co. CA now owns 112,245 shares of the company’s stock worth $3,595,000 after buying an additional 13,200 shares during the period. Sit Investment Associates Inc. raised its stake in Roche Holding by 74.0% in the first quarter. Sit Investment Associates Inc. now owns 99,290 shares of the company’s stock worth $3,180,000 after buying an additional 42,225 shares during the period. Finally, Riverbridge Partners LLC raised its stake in Roche Holding by 6.0% in the first quarter. Riverbridge Partners LLC now owns 877,688 shares of the company’s stock worth $28,037,000 after buying an additional 49,811 shares during the period.

Roche Holding Ltd. (RHHBY) opened at 31.48 on Friday. The company has a 50-day moving average price of $31.83 and a 200-day moving average price of $31.96. The firm has a market capitalization of $214.89 billion and a PE ratio of 21.59. Roche Holding Ltd. has a 12-month low of $25.25 and a 12-month high of $36.82.

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A number of equities research analysts have recently issued reports on the company. UBS AG lowered Roche Holding from a “buy” rating to a “neutral” rating in a research report on Thursday, July 6th. Cowen and Company set a $38.00 price target on Roche Holding and gave the company a “buy” rating in a research report on Monday, July 10th. Societe Generale lowered Roche Holding from a “buy” rating to a “hold” rating in a research report on Friday, June 30th. Morgan Stanley restated an “equal weight” rating on shares of Roche Holding in a research report on Wednesday, July 26th. Finally, BNP Paribas restated a “neutral” rating on shares of Roche Holding in a research report on Tuesday, June 20th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $37.00.

Roche Holding Company Profile

Roche Holding AG (Roche) is a research-based healthcare company. The Company’s operating businesses are organized into two divisions: Pharmaceuticals and Diagnostics. The Pharmaceuticals Division consists of two business segments: Roche Pharmaceuticals and Chugai. The Diagnostics Division consists of four business areas: Diabetes Care, Molecular Diagnostics, Professional Diagnostics and Tissue Diagnostics.

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Institutional Ownership by Quarter for Roche Holding (NASDAQ:RHHBY)

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