Teachers Advisors LLC Takes $345,000 Position in Quotient Limited (QTNT)

Teachers Advisors LLC acquired a new position in shares of Quotient Limited (NASDAQ:QTNT) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 46,865 shares of the company’s stock, valued at approximately $345,000. Teachers Advisors LLC owned approximately 0.33% of Quotient Limited at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. FNY Partners Fund LP increased its stake in Quotient Limited by 41.8% during the 2nd quarter. FNY Partners Fund LP now owns 129,200 shares of the company’s stock worth $950,000 after buying an additional 38,072 shares in the last quarter. Birchview Capital LP increased its stake in Quotient Limited by 36.9% during the 2nd quarter. Birchview Capital LP now owns 79,700 shares of the company’s stock worth $587,000 after buying an additional 21,500 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Quotient Limited during the 2nd quarter worth approximately $451,000. Rhumbline Advisers purchased a new stake in Quotient Limited during the 2nd quarter worth approximately $201,000. Finally, Schwab Charles Investment Management Inc. purchased a new stake in Quotient Limited during the 2nd quarter worth approximately $341,000. Institutional investors own 47.85% of the company’s stock.

QTNT has been the subject of several research reports. BTIG Research reiterated a “buy” rating and set a $12.00 price objective on shares of Quotient Limited in a research note on Thursday, August 31st. Jefferies Group LLC dropped their price target on Quotient Limited from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Wednesday, November 1st. Zacks Investment Research upgraded Quotient Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, ValuEngine lowered Quotient Limited from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st.

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Shares of Quotient Limited (QTNT) opened at $4.53 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.86 and a debt-to-equity ratio of -5.17. Quotient Limited has a 52-week low of $3.22 and a 52-week high of $7.74.

In other news, insider D J. Paul E. Cowan sold 30,197 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $4.92, for a total value of $148,569.24. Following the completion of the sale, the insider now directly owns 26,666 shares in the company, valued at $131,196.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider D J. Paul E. Cowan sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $4.41, for a total value of $441,000.00. Following the completion of the sale, the insider now owns 26,666 shares of the company’s stock, valued at $117,597.06. The disclosure for this sale can be found here. Insiders sold 320,737 shares of company stock valued at $1,418,620 over the last 90 days. Company insiders own 29.00% of the company’s stock.

About Quotient Limited

Quotient Limited is a diagnostics company. The Company focuses on blood grouping and donor disease screening, which is referred to as transfusion diagnostics. It is engaged in developing, manufacturing and commercializing conventional reagent products used for blood grouping within the global transfusion diagnostics market.

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Institutional Ownership by Quarter for Quotient Limited (NASDAQ:QTNT)

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