Morningstar Investment Services LLC decreased its stake in shares of Grifols, S.A. (NASDAQ:GRFS) by 32.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,321 shares of the biotechnology company’s stock after selling 6,869 shares during the period. Morningstar Investment Services LLC’s holdings in Grifols, were worth $303,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in GRFS. Huntington National Bank increased its position in shares of Grifols, by 1.2% in the first quarter. Huntington National Bank now owns 6,704 shares of the biotechnology company’s stock worth $127,000 after buying an additional 77 shares during the period. Advisory Services Network LLC bought a new position in shares of Grifols, during the first quarter worth about $143,000. Quantbot Technologies LP increased its position in shares of Grifols, by 86.8% in the first quarter. Quantbot Technologies LP now owns 8,122 shares of the biotechnology company’s stock worth $153,000 after buying an additional 3,774 shares during the period. Atria Investments LLC increased its position in shares of Grifols, by 9.6% in the first quarter. Atria Investments LLC now owns 11,702 shares of the biotechnology company’s stock worth $221,000 after buying an additional 1,023 shares during the period. Finally, Stifel Financial Corp increased its position in shares of Grifols, by 4.3% in the first quarter. Stifel Financial Corp now owns 11,630 shares of the biotechnology company’s stock worth $226,000 after buying an additional 476 shares during the period. 22.65% of the stock is owned by hedge funds and other institutional investors.

Shares of Grifols, S.A. (NASDAQ GRFS) opened at 20.57 on Tuesday. Grifols, S.A. has a one year low of $14.27 and a one year high of $22.83. The stock’s 50 day moving average price is $20.78 and its 200 day moving average price is $19.78. The stock has a market capitalization of $28.11 billion, a PE ratio of 42.59 and a beta of 0.97.

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A number of brokerages recently issued reports on GRFS. Goldman Sachs Group, Inc. (The) downgraded Grifols, from a “buy” rating to a “neutral” rating in a research note on Friday, June 30th. BidaskClub downgraded Grifols, from a “buy” rating to a “hold” rating in a research note on Friday, June 9th. Bank of America Corporation restated a “buy” rating on shares of Grifols, in a research note on Tuesday, July 4th. Finally, Zacks Investment Research downgraded Grifols, from a “buy” rating to a “hold” rating in a research note on Friday, May 5th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $24.00.

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Institutional Ownership by Quarter for Grifols, (NASDAQ:GRFS)

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