Oxford Financial Group LTD. LLC acquired a new position in Merck KGaA (OTCMKTS:MKGAF – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 4,171 shares of the company’s stock, valued at approximately $536,000.
Several other hedge funds have also recently added to or reduced their stakes in the business. Frazier Financial Advisors LLC acquired a new position in Merck KGaA during the second quarter worth about $25,000. Kilter Group LLC acquired a new stake in shares of Merck KGaA in the second quarter valued at approximately $62,000. Addison Advisors LLC acquired a new stake in shares of Merck KGaA in the second quarter valued at approximately $90,000. Hara Capital LLC purchased a new position in shares of Merck KGaA during the 2nd quarter worth approximately $110,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in shares of Merck KGaA during the 2nd quarter worth approximately $134,000. 0.10% of the stock is currently owned by hedge funds and other institutional investors.
Merck KGaA Trading Down 0.9%
Shares of Merck KGaA stock opened at $162.12 on Friday. Merck KGaA has a 1 year low of $116.68 and a 1 year high of $175.56. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84. The business has a 50 day moving average price of $162.47 and a 200 day moving average price of $148.35. The company has a market capitalization of $20.95 billion, a P/E ratio of 24.75 and a beta of 0.96.
Merck KGaA Profile
Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.
The company’s operations are organized mainly into three businesses.
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