Advisor Group Inc. Has $4.11 Million Stake in GlaxoSmithKline PLC (GSK)

Advisory Services Network LLC now owns 4,047 shares of the pharmaceutical company's stock valued at $175,000 after buying an additional 788 shares during the last quarter. As of the end of the quarter Oppenheimer & Co Inc had disposed of a total of 50 shares trimming its holdings by 4.0%.

Several other large investors also recently made changes to their positions in the company.

Checking in on some valuation rankings, GlaxoSmithKline plc (LSE:GSK) has a Value Composite score of 53. In the last three months, insiders bought 1,576 shares of company stock worth $2,400,376. Liberum Capital reaffirmed a "buy" rating and set a GBX 1,760 ($23.15) target price on shares of GlaxoSmithKline plc in a report on Wednesday, October 25th. Keystone Financial Planning, Inc. claims 133,216 shares valued at $5,409,000. King Luther Capital Management Corp increased its holdings in shares of GlaxoSmithKline PLC by 1.0% in the 2nd quarter. The brokerage now has a "buy" rating on the stock. First National Bank of Omaha increased its holdings in shares of GlaxoSmithKline PLC by 0.3% in the 2nd quarter. Grimes & Company Inc. now owns 5,367 shares of the pharmaceutical company's stock worth $232,000 after buying an additional 234 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in GlaxoSmithKline PLC by 1.9% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 3,374 shares of the pharmaceutical company's stock valued at $137,000 after acquiring an additional 64 shares during the period. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price.

Shares of GlaxoSmithKline PLC (NYSE:GSK) traded down $0.11 during trading on Tuesday, hitting $34.98. That compares with the recent volume average of 3.09 million. GlaxoSmithKline PLC has a 12 month low of $34.97 and a 12 month high of $44.53. The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 2.96. The ex-dividend date of this dividend is Thursday, November 9th. This represents a dividend yield of 1.41%. This is a boost from GlaxoSmithKline PLC's previous quarterly dividend of $0.49. GlaxoSmithKline plc (NYSE:GSK) has a 20-Day average volume of 6.92 Million.

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Salesforce.com, inc.'s sales for the past 5 years rolls at 29.90%, exhibiting an EPS growth from quarter-to-quarter at -92.60%. Finally, First Personal Financial Services increased its stake in shares of Salesforce.com by 1.6% during the second quarter.

After a recent scan, we can see that GlaxoSmithKline plc (LSE:GSK) has a Shareholder Yield of 0.056715 and a Shareholder Yield (Mebane Faber) of 0.04874. Piper Jaffray Companies initiated coverage on shares of GlaxoSmithKline PLC in a research report on Friday, September 23rd. On October 18, 2017 J P Morgan Chase & Co maintained a "Neutral" rating on the company. BidaskClub downgraded GlaxoSmithKline PLC from a "sell" rating to a "strong sell" rating in a research note on Monday, July 24th. Credit Suisse Group reiterated a "neutral" rating on shares of GlaxoSmithKline plc in a research note on Friday, July 21st. Finally, Zacks Investment Research upgraded shares of GlaxoSmithKline PLC from a "hold" rating to a "buy" rating and set a $48.00 target price for the company in a research report on Tuesday, September 27th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. GlaxoSmithKline PLC now has a consensus rating of "Hold" and a consensus price target of $44.33.

In other news, major shareholder Plc Glaxosmithkline purchased 428,571 shares of the stock in a transaction on Monday, November 6th. The total value of its holdings decreased 9.6%. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 10.00% of the company's stock.

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GlaxoSmithKline plc (LSE:GSK) has a current MF Rank of 5596. The company operates in the Healthcare sector with a market capitalization of 86.33 Million.

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