Investors Spotlight: AmerisourceBergen Corporation (ABC), KeyCorp. (KEY)

JPMorgan Chase & Co. now owns 5,363,429 shares of the company's stock valued at $434,385,000 after buying an additional 2,776,287 shares during the last quarter.

Other institutional investors have also recently modified their holdings of the company. Amerisourcebergen Corp now has $21.18 billion valuation. Vantage Investment Advisors LLC purchased a new stake in AmerisourceBergen in the 4th quarter worth about $156,000. Intl Fcstone Inc. purchased a new stake in AmerisourceBergen in the 2nd quarter worth about $201,000. IFG Advisory LLC bought a new position in AmerisourceBergen during the fourth quarter worth $678,000. The 52-Week High range of the stock is $106.27, while the 52-week low range is $71.9. (ABC) opened at $97.77 on Wednesday. AmerisourceBergen Corp. The stock has a market cap of $21,480.00, a price-to-earnings ratio of 22.17, a PEG ratio of 1.43 and a beta of 1.02. The company has a current ratio of 0.95, a quick ratio of 0.50 and a debt-to-equity ratio of 1.61.

AmerisourceBergen (NYSE:ABC) issued its quarterly earnings data on Tuesday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.20. The firm had revenue of $40.47 billion for the quarter, compared to analyst estimates of $40.42 billion.

The TTM operating margin for the company stands at 0.7%. The firm's revenue for the quarter was up 6.0% compared to the same quarter last year. sell-side analysts expect that AmerisourceBergen Corp. will post 6.58 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 5th. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.52 annualized dividend and a dividend yield of 1.58%. AmerisourceBergen's payout ratio is 32.76%. The SEC filing shows that Guttman Tim G. performed a sale of 11,600 shares.

In the transaction dated February 01, 2018, the great number of shares disposed came courtesy the Chairman, President & CEO; Collis Steven H disposed a total of 21,350 shares at an average price of $98.58, amounting to approximately $2,104,683. Following the transaction, the insider now owns 49,189 shares in the company, valued at approximately $4,505,712.40. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In a transaction dated February 01, 2018, the shares were put up for sale at an average price of $97.74, raking in a sum of $1,557,878. The disclosure for this sale can be found here. In the last quarter, insiders sold 205,355 shares of company stock valued at $18,519,104.

ABC has been the topic of several analyst reports. TheStreet upgraded shares of AmerisourceBergen from a "c" rating to a "b" rating in a report on Tuesday, February 6th.

AmerisourceBergen Corporation (NYSE:ABC) received a Buy rating from 3 analysts. Mizuho set a $92.00 price target on shares of AmerisourceBergen and gave the company a "hold" rating in a research report on Tuesday, October 24th.

A number of key analysts, polled by FactSet, shared their views about the current stock momentum. AmerisourceBergen Corporation (NYSE:ABC) has a 20-Day average volume of 2.52 Million. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.08 average brokerage recommendation. AmerisourceBergen has a consensus rating of "Buy" and an average price target of $101.17.

TRADEMARK VIOLATION WARNING: "Catalyst Capital Advisors LLC Has $2.48 Million Holdings in AmerisourceBergen Corp".