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Wilkins Investment Counsel boosted its holdings in medical research firm IQVIA by over 600%, despite the company missing recent earnings targets.
Wilkins Investment Counsel Inc. significantly boosted its holdings in IQVIA Holdings Inc., a medical research company, by 630.2% in Q4 2020, now owning 54,657 shares worth around $10.7 million.
Cibc World Markets Corp also increased its stake in IQVIA.
Despite these investments, IQVIA recently missed earnings expectations, reporting $2.90 EPS compared to the expected $3.11.
Analysts predict a 10.84 EPS for the year.
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Wilkins Investment Counsel aumentó sus participaciones en la empresa de investigación médica IQVIA en más del 600%, a pesar de que la empresa no alcanzó los objetivos de ingresos recientes.