Cape Cod Five Cents Savings Bank lowered its stake in shares of Roche Holding Ltd. (NASDAQ:RHHBY) by 35.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,595 shares of the company’s stock after selling 4,200 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in Roche Holding were worth $243,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bristlecone Advisors LLC acquired a new position in shares of Roche Holding in the 3rd quarter valued at $160,000. Edmp Inc. acquired a new position in Roche Holding during the 2nd quarter worth about $207,000. Delaney Dennis R lifted its stake in Roche Holding by 16.2% during the 2nd quarter. Delaney Dennis R now owns 8,860 shares of the company’s stock worth $282,000 after acquiring an additional 1,235 shares in the last quarter. Griffin Asset Management Inc. acquired a new position in Roche Holding during the 2nd quarter worth about $334,000. Finally, Elefante Mark B lifted its stake in Roche Holding by 9.9% during the 2nd quarter. Elefante Mark B now owns 11,135 shares of the company’s stock worth $355,000 after acquiring an additional 1,000 shares in the last quarter.

Roche Holding Ltd. (NASDAQ:RHHBY) traded up $0.01 during trading hours on Monday, reaching $29.10. The company had a trading volume of 400,554 shares, compared to its average volume of 1,700,000. Roche Holding Ltd. has a 12-month low of $25.25 and a 12-month high of $36.82.

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RHHBY has been the topic of several recent research reports. BNP Paribas downgraded Roche Holding from a “neutral” rating to an “underperform” rating in a report on Tuesday, September 26th. Cowen and Company set a $38.00 price objective on Roche Holding and gave the company a “buy” rating in a report on Monday, July 10th. Berenberg Bank downgraded Roche Holding from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. Morgan Stanley reiterated an “equal weight” rating on shares of Roche Holding in a report on Wednesday, July 26th. Finally, Citigroup Inc. downgraded Roche Holding from a “buy” rating to a “neutral” rating in a report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $38.00.

About Roche Holding

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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