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Eli Lilly's stock sees surge in institutional ownership, despite missing EPS estimates.
Eli Lilly and Company's stock saw increased institutional ownership in the last quarter, with Bank of Nova Scotia boosting its holdings by 94.3%, and APG Asset Management N.V. increasing its stake by 500.3%.
The company's stock is owned by 82.53% institutional investors, with a market cap of $684.61 billion.
Despite missing analysts' EPS estimates, Eli Lilly's stock has a "Moderate Buy" rating with a target price of $1,009.72.
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Las acciones de Eli Lilly ven un aumento en la propiedad institucional, a pesar de las estimaciones de EPS que faltan.