The latest news surrounding the biotech firm IQVIA Holdings Inc. (NYSE:IQV) includes a variety of acquisitions, injections of capital into their stock, and analyst views on their performance. Notably, Oddo BHF Asset Management Sas has recently acquired 11,695 shares of IQVIA. In terms of financial performance, IQVIA's Return on Equity of 20% is being called impressive by experts. However, the company's share price seems to be disconnected from its growth outlook. Canadian financial institution, Toronto Dominion Bank, has purchased 6,149 shares of IQVIA. The company's stock return of 40% has reportedly lagged behind YoY earnings growth. U.S Bank, Wilmington Savings Fund Society, FSB has invested $2.31 million into IQVIA's stocks. Despite facing a setback, prospects of the stock bouncing back are being considered with an undervaluation of 45% being flagged. Other prominent financial institutions shifting their stake in IQVIA include Virtu Financial LLC, Nomura Asset Management Co. Ltd, and State Street Corp. Equity firms are viewing IQVIA as a valuable long-term stock. There have been mixed opinions by analysts on IQVIA's stock price which was recently cut to $235.00 by analysts at Bank of America.
Iqvia Holdings IQV News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Sat, 14 Dec 2024 16:46:52 GMT - Rating 7 - Innovation 4 - Information 6 - Rumor -3
