Sigma Planning Corp lessened its position in shares of AmerisourceBergen Corporation (Holding Co) (NYSE:ABC) by 47.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,663 shares of the company’s stock after selling 7,058 shares during the period. Sigma Planning Corp’s holdings in AmerisourceBergen Corporation (Holding Co) were worth $634,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Bollard Group LLC boosted its holdings in shares of AmerisourceBergen Corporation (Holding Co) by 0.4% during the second quarter. Bollard Group LLC now owns 2,924 shares of the company’s stock worth $276,000 after acquiring an additional 12 shares during the period. Parallel Advisors LLC boosted its holdings in shares of AmerisourceBergen Corporation (Holding Co) by 3.2% during the second quarter. Parallel Advisors LLC now owns 1,109 shares of the company’s stock worth $104,000 after acquiring an additional 34 shares during the period. Savant Capital LLC boosted its holdings in shares of AmerisourceBergen Corporation (Holding Co) by 0.8% during the second quarter. Savant Capital LLC now owns 4,846 shares of the company’s stock worth $458,000 after acquiring an additional 40 shares during the period. Stephens Inc. AR boosted its holdings in shares of AmerisourceBergen Corporation (Holding Co) by 1.5% during the second quarter. Stephens Inc. AR now owns 5,141 shares of the company’s stock worth $486,000 after acquiring an additional 77 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of AmerisourceBergen Corporation (Holding Co) by 0.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,329 shares of the company’s stock worth $1,165,000 after acquiring an additional 80 shares during the period. Institutional investors own 66.84% of the company’s stock.

In related news, insider Dale Danilewitz sold 1,857 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $74.69, for a total value of $138,699.33. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Peyton R. Howell sold 3,000 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $74.87, for a total transaction of $224,610.00. Following the completion of the sale, the executive vice president now directly owns 38,335 shares in the company, valued at approximately $2,870,141.45. The disclosure for this sale can be found here. In the last three months, insiders sold 99,211 shares of company stock worth $7,717,919. 27.40% of the stock is currently owned by insiders.

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Shares of AmerisourceBergen Corporation (NYSE:ABC) traded up $1.36 during trading on Thursday, hitting $78.89. 260,112 shares of the company traded hands, compared to its average volume of 1,789,229. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 1.62. AmerisourceBergen Corporation has a one year low of $71.90 and a one year high of $97.85. The company has a market capitalization of $16,520.97, a PE ratio of 12.80, a price-to-earnings-growth ratio of 1.31 and a beta of 0.95.

AmerisourceBergen Corporation (Holding Co) (NYSE:ABC) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.01. AmerisourceBergen Corporation (Holding Co) had a net margin of 0.27% and a return on equity of 55.99%. The company had revenue of $39.12 billion for the quarter, compared to analysts’ expectations of $40.10 billion. During the same quarter in the previous year, the firm posted $1.30 earnings per share. AmerisourceBergen Corporation (Holding Co)’s revenue for the quarter was up 4.2% on a year-over-year basis. equities research analysts anticipate that AmerisourceBergen Corporation will post 6.04 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Investors of record on Monday, November 20th will be paid a $0.38 dividend. This is a boost from AmerisourceBergen Corporation (Holding Co)’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Friday, November 17th. This represents a $1.52 annualized dividend and a dividend yield of 1.93%. AmerisourceBergen Corporation (Holding Co)’s payout ratio is currently 78.92%.

A number of equities research analysts have recently issued reports on ABC shares. BidaskClub cut AmerisourceBergen Corporation (Holding Co) from a “buy” rating to a “hold” rating in a report on Monday, July 24th. UBS AG dropped their price target on shares of AmerisourceBergen Corporation (Holding Co) from $94.00 to $87.00 and set a “neutral” rating for the company in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of AmerisourceBergen Corporation (Holding Co) from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. TheStreet downgraded shares of AmerisourceBergen Corporation (Holding Co) from a “b” rating to a “c+” rating in a research report on Thursday, August 3rd. Finally, Leerink Swann set a $90.00 price target on shares of AmerisourceBergen Corporation (Holding Co) and gave the company a “buy” rating in a research report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. AmerisourceBergen Corporation (Holding Co) currently has an average rating of “Hold” and a consensus price target of $90.94.

AmerisourceBergen Corporation (Holding Co) Company Profile

AmerisourceBergen Corporation is a pharmaceutical sourcing and distribution services company. The Company’s segments include Pharmaceutical Distribution and Other. The Company provides services to healthcare providers, and pharmaceutical and biotech manufacturers. As of June 30, 2016, the Pharmaceutical Distribution segment consists of two operating segments, including the operations of AmerisourceBergen Drug Corporation (ABDC) and AmerisourceBergen Specialty Group (ABSG), which distributes specialty drugs to their customers.

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Institutional Ownership by Quarter for AmerisourceBergen Corporation (Holding Co) (NYSE:ABC)

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