Diversified Trust Co Buys 3,613 Shares of Roche Holding AG (OTCMKTS:RHHBY)

Diversified Trust Co boosted its position in Roche Holding AG (OTCMKTS:RHHBY) by 6.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,742 shares of the company’s stock after purchasing an additional 3,613 shares during the quarter. Diversified Trust Co’s holdings in Roche were worth $2,396,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. AlphaMark Advisors LLC purchased a new position in shares of Roche in the first quarter worth $34,000. GAMMA Investing LLC boosted its stake in shares of Roche by 61.5% in the second quarter. GAMMA Investing LLC now owns 5,038 shares of the company’s stock worth $175,000 after buying an additional 1,919 shares during the last quarter. Archer Investment Corp grew its holdings in Roche by 10.6% during the second quarter. Archer Investment Corp now owns 6,810 shares of the company’s stock worth $236,000 after acquiring an additional 652 shares during the period. Waldron Private Wealth LLC purchased a new position in Roche during the second quarter valued at approximately $263,000. Finally, Lee Danner & Bass Inc. purchased a new position in Roche during the second quarter valued at approximately $327,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of Roche from a “hold” rating to a “sell” rating in a research note on Friday, September 13th. Bank of America upgraded shares of Roche from a “neutral” rating to a “buy” rating in a research report on Friday, September 13th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Roche Stock Up 0.6 %

RHHBY opened at $37.99 on Tuesday. The firm’s fifty day simple moving average is $40.21 and its two-hundred day simple moving average is $35.49. Roche Holding AG has a 52-week low of $29.20 and a 52-week high of $42.43.

Roche Profile

Roche Holding AG engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and Oceania. The company offers pharmaceutical products in the therapeutic areas of anemia, blood and solid tumors, dermatology, hemophilia, inflammatory and autoimmune, neurological disorders, ophthalmology, respiratory disorders, and transplantation.