New England Research & Management Inc. Sells 1,058 Shares of Roche Holding AG (OTCMKTS:RHHBY)

New England Research & Management Inc. trimmed its position in Roche Holding AG (OTCMKTS:RHHBY) by 7.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,312 shares of the company’s stock after selling 1,058 shares during the quarter. New England Research & Management Inc.’s holdings in Roche were worth $429,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Brooklyn Investment Group bought a new stake in shares of Roche in the third quarter worth about $40,000. AlphaMark Advisors LLC purchased a new position in Roche in the third quarter worth about $149,000. IHT Wealth Management LLC purchased a new position in Roche in the third quarter worth about $236,000. Verity Asset Management Inc. purchased a new position in Roche in the third quarter worth about $253,000. Finally, Canopy Partners LLC grew its position in Roche by 4.6% in the third quarter. Canopy Partners LLC now owns 7,772 shares of the company’s stock worth $310,000 after acquiring an additional 344 shares in the last quarter.

Roche Stock Performance

Shares of OTCMKTS:RHHBY opened at $38.86 on Thursday. Roche Holding AG has a 1 year low of $29.20 and a 1 year high of $42.43. The business has a 50 day simple moving average of $35.98 and a two-hundred day simple moving average of $38.23. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.97 and a current ratio of 1.26.

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.