Vancity Investment Management Ltd acquired a new stake in shares of Stevanato Group S.p.A. (NYSE:STVN - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 52,642 shares of the company's stock, valued at approximately $1,075,000.
A number of other institutional investors also recently added to or reduced their stakes in STVN. Invesco Ltd. acquired a new position in shares of Stevanato Group in the 1st quarter worth approximately $19,072,000. Champlain Investment Partners LLC acquired a new position in shares of Stevanato Group in the 1st quarter worth approximately $15,741,000. MetLife Investment Management LLC acquired a new position in shares of Stevanato Group in the 1st quarter worth approximately $12,944,000. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Stevanato Group by 13.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,744,714 shares of the company's stock worth $76,468,000 after acquiring an additional 439,722 shares in the last quarter. Finally, Thornburg Investment Management Inc. boosted its holdings in shares of Stevanato Group by 48.1% in the 4th quarter. Thornburg Investment Management Inc. now owns 1,122,098 shares of the company's stock worth $24,451,000 after acquiring an additional 364,471 shares in the last quarter.
Stevanato Group Trading Down 1.6%
NYSE:STVN traded down €0.44 during trading hours on Friday, hitting €26.43. 542,400 shares of the stock were exchanged, compared to its average volume of 350,168. The company's 50 day moving average is €24.24 and its two-hundred day moving average is €22.82. Stevanato Group S.p.A. has a twelve month low of €17.12 and a twelve month high of €28.00. The company has a quick ratio of 1.22, a current ratio of 1.79 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $8.00 billion, a P/E ratio of 48.95, a price-to-earnings-growth ratio of 2.53 and a beta of 0.55.
Wall Street Analyst Weigh In
Separately, William Blair reissued an "outperform" rating on shares of Stevanato Group in a report on Monday, June 30th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy".
Get Our Latest Analysis on Stevanato Group
About Stevanato Group
(
Free Report)
Stevanato Group S.p.A. engages in the design, production, and distribution of products and processes to provide integrated solutions for bio-pharma and healthcare industries in Europe, the Middle East, Africa, North America, South America, and the Asia Pacific. The company operates in two segments, Biopharmaceutical and Diagnostic Solutions; and Engineering.
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