Teva Pharmaceutical Industries Limited (NYSE:TEVA) Upgraded to Buy by Vetr Inc

Teva Pharmaceutical Industries Limited (NYSE:TEVA) Upgraded to Buy by Vetr Inc

Teva Pharmaceutical Industries Limited (NYSE:TEVA) Upgraded to Buy by Vetr Inc

Camber Capital Management Llc increased Teva Pharmaceutical Industries Ltd (Adr) (TEVA) stake by 136.22% reported in 2016Q4 SEC filing.

Teva also cut its quarterly investor payout, decreasing its dividend payment by 75 percent - now at $0.085, which is about a 1.1 percent annual yield. The company's net income worked out to $1.02 per share, four cents below the average Wall Street forecast of $1.06 per share. Maxim Group maintained Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) rating on Thursday, March 30. Renaissance Technologies LLC now owns 4,817,763 shares of the company's stock valued at $154,602,000 after buying an additional 2,651,900 shares in the last quarter.

Teva then countersued, alleging fraud and breach of contract and claimed that the, "defendants lied and concealed exceptional legal violations in order to receive $2.3 billion for the sale of the company and its IP". Migdal Insurance & Financial Holdings Ltd. increased its position in Teva Pharmaceutical Industries Limited by 21.3% in the fourth quarter. Heritage Investors Management Corp now owns 188,990 shares of the company's stock valued at $6,065,000 after buying an additional 28,135 shares during the period.

Teva Pharmaceutical Industries Limited (NYSE:TEVA) fell by -24.00% in yesterday's session from $31.25 to $23.75 and has now fallen 7 consecutive sessions. The 8 months bullish chart indicates low risk for the $215.12 million company. Take a look at most well known 200-day moving average which averages prices over the past 200 days. The firm has a market cap of $21.82 billion, a PE ratio of 275.38 and a beta of 0.46. Teva Pharmaceutical Industries Limited (TEVA) has made its way to a 12-month decline of -55.67%. Even by the time the deal was done, analysts were saying the assets were not worth what Teva paid for them. Stock traders acquired 66,716 put options on the stock. Northstar Group Inc. raised its position in Teva Pharmaceutical Industries Limited by 11.6% in the second quarter. The company reported $1.02 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.06 by $0.04. The company had revenue of $5.69 billion for the quarter, compared to analyst estimates of $5.72 billion. The return on equity ratio or ROE stands at 4 percent while most common profitability ratio return on investment (ROI) was 3.6 percent.

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"This adjusted outlook takes into consideration the impact of increased price erosion in our United States generics business, which is expected to be in a high single digits rate through the remainder of the year, and delays in generic launches in the US".

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Several other research analysts have also issued reports on TEVA.

Receive Teva Pharmaceutical Industries Limited News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teva Pharmaceutical Industries Limited with MarketBeat.com's FREE daily email newsletter. Maxim Group maintained Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) rating on Monday, February 13. The current consensus recommendation provided by covering analysts is 2.50. Teva Pharmaceutical Industries's revenue was up 12.9% compared to the same quarter past year. Equities research analysts anticipate that Teva Pharmaceutical Industries will post $4.74 EPS for the current year. One analyst has rated the stock with a sell rating, twenty-two have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock.

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