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Grifols, S.A. (NASDAQ:GRFS) Declares -- Dividend of $0.14

Grifols logo with Medical background

Key Points

  • Grifols, S.A. declared a dividend of $0.14 per share, with an ex-dividend date on August 12th and payment scheduled for August 20th.
  • The company's stock is currently trading around $10.70 with a market cap of $7.36 billion and a PE ratio of 9.15.
  • Institutional investors have been active, with notable additions from R Squared Ltd and Ascent Group LLC during the second quarter.
  • Five stocks to consider instead of Grifols.

Grifols, S.A. (NASDAQ:GRFS - Get Free Report) declared a -- dividend on Thursday, July 31st, Wall Street Journal reports. Investors of record on Tuesday, August 12th will be given a dividend of 0.1404 per share by the biotechnology company on Wednesday, August 20th. The ex-dividend date of this dividend is Tuesday, August 12th.

Grifols Stock Performance

Shares of GRFS traded down $0.15 during midday trading on Thursday, reaching $10.70. The stock had a trading volume of 838,798 shares, compared to its average volume of 970,602. The firm has a 50 day simple moving average of $9.09 and a 200-day simple moving average of $7.98. Grifols has a one year low of $6.19 and a one year high of $11.14. The firm has a market cap of $7.36 billion, a PE ratio of 9.15, a P/E/G ratio of 0.39 and a beta of 0.55. The company has a current ratio of 2.60, a quick ratio of 0.97 and a debt-to-equity ratio of 1.13.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. R Squared Ltd purchased a new stake in shares of Grifols in the 2nd quarter worth about $95,000. Ascent Group LLC bought a new stake in Grifols in the second quarter worth $141,000. Ballentine Partners LLC increased its position in Grifols by 48.9% in the second quarter. Ballentine Partners LLC now owns 16,179 shares of the biotechnology company's stock worth $146,000 after purchasing an additional 5,311 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Grifols by 1.9% in the first quarter. Goldman Sachs Group Inc. now owns 4,212,032 shares of the biotechnology company's stock worth $29,948,000 after purchasing an additional 80,507 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in Grifols during the first quarter worth $184,000.

Grifols Company Profile

(Get Free Report)

Grifols, SA operates as a plasma therapeutic company in Spain, the United States, Canada, and internationally. The company provides immunoglobulin to treat immunodeficiencies; albumin used to restore circulatory volume and protein loss in pathophysiological conditions, such as liver cirrhosis, cardiocirculatory failure, trauma and severe burns; alpha-1 proteinase inhibitor, a plasma protein, used to treat a genetic disease known as alpha-1; factorVIII/von Willerbrand factor and factor IX, clotting factors for the treatment of hemophilia A and von Willebrand's disease, as well as hemophilia B; antithrombin III to treat hereditary antithrombin deficiency; Fostamatinib, a spleen tyrosine kinase inhibitor; combination of fibrinogen and enzyme thrombin that acts as a biological sealant to control surgical bleeding; and plasma exchange with albumin used to treat Alzheimer's disease.

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Dividend History for Grifols (NASDAQ:GRFS)

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