Catalent Inc (NYSE:CTLT) Director John J. Greisch purchased 13,000 shares of the company’s stock in a transaction dated Thursday, November 8th. The shares were acquired at an average price of $37.61 per share, for a total transaction of $488,930.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

NYSE:CTLT traded down $0.99 during trading hours on Friday, reaching $36.32. The company had a trading volume of 858,489 shares, compared to its average volume of 919,208. Catalent Inc has a 1-year low of $34.24 and a 1-year high of $47.87. The company has a market capitalization of $5.42 billion, a PE ratio of 22.84, a PEG ratio of 2.33 and a beta of 1.44. The company has a current ratio of 2.05, a quick ratio of 1.61 and a debt-to-equity ratio of 1.44.

Catalent (NYSE:CTLT) last announced its quarterly earnings results on Tuesday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.04. Catalent had a return on equity of 19.13% and a net margin of 2.65%. The company had revenue of $551.80 million during the quarter, compared to the consensus estimate of $582.44 million. During the same period in the previous year, the company posted $0.21 earnings per share. Catalent’s revenue for the quarter was up 1.5% on a year-over-year basis. Equities research analysts predict that Catalent Inc will post 1.63 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in CTLT. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new position in Catalent in the second quarter valued at approximately $145,000. Moneta Group Investment Advisors LLC lifted its holdings in Catalent by 105.0% in the second quarter. Moneta Group Investment Advisors LLC now owns 3,515 shares of the company’s stock valued at $147,000 after acquiring an additional 1,800 shares during the period. CIBC Asset Management Inc acquired a new position in Catalent in the third quarter valued at approximately $217,000. Hartford Investment Management Co. acquired a new position in Catalent in the second quarter valued at approximately $220,000. Finally, Rehmann Capital Advisory Group lifted its holdings in Catalent by 1,895.9% in the second quarter. Rehmann Capital Advisory Group now owns 5,309 shares of the company’s stock valued at $222,000 after acquiring an additional 5,043 shares during the period. 96.77% of the stock is owned by institutional investors.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded Catalent from a “sell” rating to a “hold” rating in a research report on Monday, October 1st. UBS Group assumed coverage on Catalent in a research report on Tuesday, October 9th. They issued a “neutral” rating and a $48.00 target price on the stock. JPMorgan Chase & Co. upped their target price on Catalent from $50.00 to $55.00 and gave the company an “overweight” rating in a research report on Wednesday, August 29th. Morgan Stanley set a $46.00 target price on Catalent and gave the company a “buy” rating in a research report on Monday, December 3rd. Finally, Royal Bank of Canada set a $45.00 target price on Catalent and gave the company a “buy” rating in a research report on Friday, November 16th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. Catalent currently has a consensus rating of “Buy” and an average target price of $48.00.

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Catalent Company Profile

Catalent, Inc provides delivery technologies and development solutions for drugs, biologics, and consumer and animal health products worldwide. It operates through four segments: Softgel Technologies, Biologics and Specialty Drug Delivery, Oral Drug Delivery, and Clinical Supply Services. The Softgel Technologies segment formulates, develops, and manufactures prescription and consumer soft capsules for use in a range of customer products, such as prescription drugs, over-the-counter medications, dietary supplements, unit-dose cosmetics, and animal health medicinal preparations.

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