Fintel reports that on January 8, 2025, Truist Securities downgraded their outlook for Merck (SNSE:MRKCL) from Buy to Hold.
What is the Fund Sentiment?
There are 5,112 funds or institutions reporting positions in Merck. This is an increase of 11 owner(s) or 0.22% in the last quarter. Average portfolio weight of all funds dedicated to MRKCL is 0.45%, an increase of 40.08%. Total shares owned by institutions increased in the last three months by 1.02% to 2,196,451K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 80,363K shares representing 3.18% ownership of the company. In its prior filing, the firm reported owning 80,020K shares , representing an increase of 0.43%. The firm decreased its portfolio allocation in MRKCL by 13.48% over the last quarter.
Wellington Management Group Llp holds 75,809K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 72,482K shares , representing an increase of 4.39%. The firm decreased its portfolio allocation in MRKCL by 86.80% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 66,387K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 65,007K shares , representing an increase of 2.08%. The firm decreased its portfolio allocation in MRKCL by 13.79% over the last quarter.
Geode Capital Management holds 59,155K shares representing 2.34% ownership of the company. In its prior filing, the firm reported owning 57,021K shares , representing an increase of 3.61%. The firm decreased its portfolio allocation in MRKCL by 54.04% over the last quarter.
Bank Of America holds 38,868K shares representing 1.54% ownership of the company. In its prior filing, the firm reported owning 39,280K shares , representing a decrease of 1.06%. The firm decreased its portfolio allocation in MRKCL by 78.58% over the last quarter.
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