Grifols SA, Barcelona (NASDAQ:GRFS) Holdings Reduced by Gabelli Funds LLC

Gabelli Funds LLC trimmed its stake in Grifols SA, Barcelona (NASDAQ:GRFS) by 69.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 56,333 shares of the biotechnology company’s stock after selling 128,203 shares during the quarter. Gabelli Funds LLC’s holdings in Grifols SA, Barcelona were worth $1,291,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of GRFS. Lenox Wealth Management Inc. raised its position in Grifols SA, Barcelona by 8,372.9% in the third quarter. Lenox Wealth Management Inc. now owns 5,931 shares of the biotechnology company’s stock worth $129,000 after acquiring an additional 5,861 shares during the period. First Republic Investment Management Inc. purchased a new position in shares of Grifols SA, Barcelona in the third quarter worth about $203,000. Dean Capital Investments Management LLC purchased a new position in shares of Grifols SA, Barcelona in the fourth quarter worth about $214,000. Advisory Services Network LLC increased its stake in shares of Grifols SA, Barcelona by 26.2% in the second quarter. Advisory Services Network LLC now owns 9,564 shares of the biotechnology company’s stock worth $202,000 after purchasing an additional 1,987 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Grifols SA, Barcelona in the second quarter worth about $223,000. Institutional investors and hedge funds own 22.72% of the company’s stock.

Shares of Grifols SA, Barcelona (NASDAQ GRFS) traded down $0.14 during mid-day trading on Thursday, reaching $22.72. 479,200 shares of the company traded hands, compared to its average volume of 472,409. The company has a quick ratio of 1.39, a current ratio of 3.17 and a debt-to-equity ratio of 1.69. The stock has a market cap of $15,609.33, a P/E ratio of 21.17, a price-to-earnings-growth ratio of 1.53 and a beta of 1.10. Grifols SA, Barcelona has a one year low of $17.24 and a one year high of $25.18.

Several brokerages recently commented on GRFS. BidaskClub raised shares of Grifols SA, Barcelona from a “hold” rating to a “buy” rating in a research note on Wednesday, January 10th. UBS Group cut shares of Grifols SA, Barcelona from an “outperform” rating to a “market perform” rating in a research note on Friday, November 24th. Zacks Investment Research upgraded shares of Grifols SA, Barcelona from a “sell” rating to a “hold” rating in a report on Thursday, January 4th. Citigroup started coverage on shares of Grifols SA, Barcelona in a report on Tuesday, October 31st. They issued a “buy” rating for the company. Finally, ValuEngine upgraded shares of Grifols SA, Barcelona from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $24.00.

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About Grifols SA, Barcelona

Grifols, SA, a specialty pharmaceutical company, develops, manufactures, and distributes biological medicines on plasma derived proteins in the United States, Canada, Spain, rest of the European Union, and internationally. The company specializes in providing infusion solutions, nutrition products, and medical devices for use in hospitals and clinics.

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

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