Wolfe Research Initiates Coverage of Gilead Sciences (SNSE:GILDCL) with Outperform Recommendation

Fintel reports that on November 15, 2024, Wolfe Research initiated coverage of Gilead Sciences (SNSE:GILDCL) with a Outperform recommendation.

What is the Fund Sentiment?

There are 2,866 funds or institutions reporting positions in Gilead Sciences. This is an increase of 7 owner(s) or 0.24% in the last quarter. Average portfolio weight of all funds dedicated to GILDCL is 0.41%, an increase of 6.46%. Total shares owned by institutions increased in the last three months by 10.59% to 1,369,774K shares.

What are Other Shareholders Doing?

CL:GILDCL / Gilead Sciences, Inc. Shares Held by Institutions

BlackRock holds 121,936K shares representing 9.78% ownership of the company.

Capital World Investors holds 76,549K shares representing 6.14% ownership of the company. In its prior filing, the firm reported owning 76,250K shares , representing an increase of 0.39%. The firm increased its portfolio allocation in GILDCL by 16.63% over the last quarter.

Capital Research Global Investors holds 61,800K shares representing 4.96% ownership of the company. In its prior filing, the firm reported owning 60,428K shares , representing an increase of 2.22%. The firm increased its portfolio allocation in GILDCL by 18.37% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 39,368K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 39,174K shares , representing an increase of 0.49%. The firm decreased its portfolio allocation in GILDCL by 8.46% over the last quarter.

Wellington Management Group Llp holds 34,601K shares representing 2.78% ownership of the company. In its prior filing, the firm reported owning 22,935K shares , representing an increase of 33.71%. The firm decreased its portfolio allocation in GILDCL by 74.64% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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