Tobam raised its position in West Pharmaceutical Services, Inc. (NYSE:WST – Free Report) by 189.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,700 shares of the medical instruments supplier’s stock after acquiring an additional 2,423 shares during the period. Tobam’s holdings in West Pharmaceutical Services were worth $1,111,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of WST. State of Tennessee Treasury Department lifted its stake in shares of West Pharmaceutical Services by 102.2% during the fourth quarter. State of Tennessee Treasury Department now owns 37,446 shares of the medical instruments supplier’s stock worth $13,185,000 after buying an additional 18,929 shares during the period. Cresset Asset Management LLC raised its holdings in shares of West Pharmaceutical Services by 4.7% during the fourth quarter. Cresset Asset Management LLC now owns 28,137 shares of the medical instruments supplier’s stock worth $9,908,000 after purchasing an additional 1,270 shares during the last quarter. Power Corp of Canada acquired a new position in West Pharmaceutical Services during the fourth quarter valued at $2,963,000. Point72 Hong Kong Ltd purchased a new stake in West Pharmaceutical Services in the fourth quarter valued at $12,242,000. Finally, Quarry LP grew its position in West Pharmaceutical Services by 155.3% during the 4th quarter. Quarry LP now owns 97 shares of the medical instruments supplier’s stock worth $34,000 after purchasing an additional 59 shares during the period. 93.90% of the stock is owned by hedge funds and other institutional investors.
West Pharmaceutical Services Stock Performance
Shares of WST stock traded up $2.16 on Thursday, hitting $288.68. The company had a trading volume of 169,156 shares, compared to its average volume of 538,096. West Pharmaceutical Services, Inc. has a twelve month low of $265.00 and a twelve month high of $413.70. The company has a quick ratio of 1.68, a current ratio of 2.34 and a debt-to-equity ratio of 0.03. The firm has a market cap of $20.94 billion, a P/E ratio of 37.80, a price-to-earnings-growth ratio of 10.57 and a beta of 1.01. The company has a 50-day moving average price of $300.79 and a 200-day moving average price of $329.87.
Insider Buying and Selling
In other West Pharmaceutical Services news, VP Charles Witherspoon sold 1,029 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $300.00, for a total transaction of $308,700.00. Following the completion of the sale, the vice president now directly owns 1,478 shares in the company, valued at approximately $443,400. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.53% of the stock is owned by insiders.
About West Pharmaceutical Services
West Pharmaceutical Services, Inc designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Proprietary Products and Contract-Manufactured Products.
Recommended Stories
- Five stocks we like better than West Pharmaceutical Services
- Top Stocks Investing in 5G Technology
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- Why is the Ex-Dividend Date Significant to Investors?
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- How to Invest in Small Cap Stocks
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
Receive News & Ratings for West Pharmaceutical Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West Pharmaceutical Services and related companies with MarketBeat.com's FREE daily email newsletter.