Alliancebernstein L.P. bought a new stake in shares of RA PHARMCTL INC (NASDAQ:RARX) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,400 shares of the company’s stock, valued at approximately $195,000.
Several other large investors also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in shares of RA PHARMCTL INC by 33.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 199,900 shares of the company’s stock valued at $3,746,000 after buying an additional 50,432 shares during the period. Candriam Luxembourg S.C.A. acquired a new stake in shares of RA PHARMCTL INC during the 2nd quarter valued at $1,518,000. Geode Capital Management LLC boosted its stake in shares of RA PHARMCTL INC by 8.5% during the 1st quarter. Geode Capital Management LLC now owns 70,863 shares of the company’s stock valued at $1,508,000 after buying an additional 5,522 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of RA PHARMCTL INC during the 1st quarter valued at $1,455,000. Finally, Spark Investment Management LLC boosted its stake in shares of RA PHARMCTL INC by 74.5% during the 2nd quarter. Spark Investment Management LLC now owns 57,400 shares of the company’s stock valued at $1,075,000 after buying an additional 24,500 shares during the period. 66.74% of the stock is owned by institutional investors.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of RA PHARMCTL INC from a “sell” rating to a “hold” rating in a research note on Tuesday, September 19th. Jefferies Group LLC set a $25.00 target price on shares of RA PHARMCTL INC and gave the company a “buy” rating in a research note on Friday, August 25th. Royal Bank Of Canada assumed coverage on shares of RA PHARMCTL INC in a research note on Thursday, September 14th. They set an “outperform” rating and a $21.00 target price for the company. Finally, Credit Suisse Group lifted their target price on shares of RA PHARMCTL INC from $19.00 to $23.00 and gave the company an “outperform” rating in a research note on Friday. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. RA PHARMCTL INC currently has a consensus rating of “Buy” and a consensus price target of $24.67.
Shares of RA PHARMCTL INC (NASDAQ RARX) opened at $14.11 on Tuesday. RA PHARMCTL INC has a 52 week low of $11.20 and a 52 week high of $27.84.
RA PHARMCTL INC (NASDAQ:RARX) last released its quarterly earnings data on Thursday, November 9th. The company reported ($0.68) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.62) by ($0.06). research analysts forecast that RA PHARMCTL INC will post -2.54 earnings per share for the current fiscal year.
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RA PHARMCTL INC Company Profile
Ra Pharmaceuticals, Inc is a United States-based clinical-stage biopharmaceutical company. The Company focuses on the development of therapeutics for diseases of complement dysregulation and a range of orphan indications. It utilizes small molecules and peptide approaches to address pathological targets in the complement cascade.
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