Bard Financial Services Inc. Buys 30,350 Shares of Roche Holding AG (OTCMKTS:RHHBY)

Bard Financial Services Inc. raised its holdings in shares of Roche Holding AG (OTCMKTS:RHHBY) by 37.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 110,850 shares of the company’s stock after buying an additional 30,350 shares during the period. Bard Financial Services Inc.’s holdings in Roche were worth $3,866,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in RHHBY. Confluence Investment Management LLC increased its stake in Roche by 26.3% in the 4th quarter. Confluence Investment Management LLC now owns 13,981 shares of the company’s stock valued at $488,000 after buying an additional 2,910 shares during the last quarter. IHT Wealth Management LLC bought a new stake in Roche during the third quarter worth $236,000. Brooklyn Investment Group purchased a new position in shares of Roche in the 3rd quarter worth about $40,000. Canopy Partners LLC grew its position in Roche by 4.6% during the third quarter. Canopy Partners LLC now owns 7,772 shares of the company’s stock valued at $310,000 after buying an additional 344 shares during the period. Finally, Verity Asset Management Inc. purchased a new stake in Roche during the third quarter worth about $253,000.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on RHHBY shares. Deutsche Bank Aktiengesellschaft lowered shares of Roche from a “hold” rating to a “sell” rating in a research note on Friday, September 13th. Bank of America raised Roche from a “neutral” rating to a “buy” rating in a research report on Friday, September 13th. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Roche Stock Performance

Shares of OTCMKTS RHHBY traded up $0.24 during midday trading on Monday, hitting $35.18. The company’s stock had a trading volume of 1,384,172 shares, compared to its average volume of 1,047,586. The stock has a fifty day moving average price of $36.28 and a 200 day moving average price of $37.96. Roche Holding AG has a one year low of $29.20 and a one year high of $42.43.

Roche 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.