Roche Holding AG (OTCMKTS:RHHBY) Position Decreased by Associated Banc Corp

Associated Banc Corp reduced its holdings in Roche Holding AG (OTCMKTS:RHHBY) by 2.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,340 shares of the company’s stock after selling 930 shares during the quarter. Associated Banc Corp’s holdings in Roche were worth $1,778,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RHHBY. Bard Financial Services Inc. increased its stake in Roche by 112.1% in the 3rd quarter. Bard Financial Services Inc. now owns 66,500 shares of the company’s stock worth $2,657,000 after purchasing an additional 35,150 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Roche by 57.7% during the third quarter. GAMMA Investing LLC now owns 7,944 shares of the company’s stock valued at $317,000 after acquiring an additional 2,906 shares during the period. OLD National Bancorp IN lifted its position in shares of Roche by 3.2% in the 2nd quarter. OLD National Bancorp IN now owns 265,242 shares of the company’s stock valued at $9,206,000 after acquiring an additional 8,146 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in Roche in the 2nd quarter worth approximately $327,000. Finally, Waldron Private Wealth LLC acquired a new stake in Roche during the 2nd quarter valued at $263,000.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Bank of America raised Roche from a “neutral” rating to a “buy” rating in a research report on Friday, September 13th. Deutsche Bank Aktiengesellschaft downgraded Roche from a “hold” rating to a “sell” rating in a report on Friday, September 13th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Roche currently has a consensus rating of “Hold”.

Roche Stock Performance

OTCMKTS RHHBY opened at $35.62 on Tuesday. The stock’s 50-day moving average is $38.53 and its two-hundred day moving average is $37.39. Roche Holding AG has a fifty-two week low of $29.20 and a fifty-two week high of $42.43.

Roche Company Profile

Roche Holding AG engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and Oceania. The company offers pharmaceutical products in the therapeutic areas of anemia, blood and solid tumors, dermatology, hemophilia, inflammatory and autoimmune, neurological disorders, ophthalmology, respiratory disorders, and transplantation.