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Lord Abbett & CO. LLC increased its United Therapeutics holdings, reflecting strong quarterly performance by the biotech firm.
Investment firm Lord Abbett & CO. LLC increased its holdings in United Therapeutics (UTHR) by 7.4%, now owning 216,651 shares worth $76.4 million.
United Therapeutics reported a strong quarter with EPS of $6.19, beating estimates by $0.09.
The biotech company has a market cap of $13.31 billion and a P/E ratio of 13.02.
Institutions own 94.08% of the stock, and analysts have a "Moderate Buy" rating with a target price of $395.67.
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Lord Abbett & CO. LLC aumentó sus participaciones en United Therapeutics, lo que refleja el sólido rendimiento trimestral de la empresa de biotecnología.