1 week Ago By ABMN Staff
Pictet Asset Management Holding SA lifted its stake in shares of Clarivate Plc ( NYSE:CLVT – Free Report ) by 25.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 43,677 shares of the company’s stock after purchasing an additional 8,742 shares during the quarter.
Pictet Asset Management Holding SA’s holdings in Clarivate were worth $222,000 at the end of the most recent quarter. A number of other large investors have also made changes to their positions in CLVT. Xponance Inc.
increased its position in shares of Clarivate by 17.3% in the fourth quarter. Xponance Inc.
now owns 18,222 shares of the company’s stock valued at $93,000 after buying an additional 2,689 shares in the last quarter. Truist Financial Corp raised its position in Clarivate by 27.3% during the fourth quarter.
Truist Financial Corp now owns 14,000 shares of the company’s stock worth $71,000 after acquiring an additional 3,000 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Clarivate by 161.4% in the fourth quarter.
GAMMA Investing LLC now owns 5,256 shares of the company’s stock valued at $27,000 after purchasing an additional 3,245 shares in the last quarter. SkyView Investment Advisors LLC grew its position in shares of Clarivate by 3.8% in the third quarter.
SkyView Investment Advisors LLC now owns 161,798 shares of the company’s stock valued at $1,149,000 after purchasing an additional 5,945 shares during the last quarter. Finally, KBC Group NV grew its position in shares of Clarivate by 77.2% in the fourth quarter.
KBC Group NV now owns 18,115 shares of the company’s stock valued at $92,000 after purchasing an additional 7,890 shares during the last quarter. Hedge funds and other institutional investors own 85.72% of the company’s stock.
Clarivate Price Performance NYSE:CLVT opened at $3.29 on Friday. Clarivate Plc has a 12-month low of $3.
04 and a 12-month high of $7.31. The firm has a market cap of $2.
26 billion, a price-to-earnings ratio of -3.42 and a beta of 1.48.
The company’s 50-day moving average is $4.23 and its two-hundred day moving average is $5.16.
The company has a current ratio of 0.87, a quick ratio of 0.88 and a debt-to-equity ratio of 0.
88. Analysts Set New Price Targets Separately, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $6.00 target price on shares of Clarivate in a research note on Thursday, February 20th.
Get Our Latest Stock Report on Clarivate About Clarivate ( Free Report ) Clarivate Plc operates as an information services provider in the Americas, the Middle East, Africa, Europe, and the Asia Pacific. It operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. The company offers Web of Science and InCites, that analyzes and explores the academic research landscape and manages research information; ProQuest One and Ebook Central that provides comprehensive content collections to institutions in a cost-effective manner; and Alma and Polaris, that manages academic resources and services, connect users, and support research publications.
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