1,976,916 Shares in Elanco Animal Health (ELAN) Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC acquired a new position in Elanco Animal Health (NASDAQ:ELAN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,976,916 shares of the company’s stock, valued at approximately $68,975,000. Janus Henderson Group PLC owned 0.56% of Elanco Animal Health as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ELAN. Wells Fargo & Company MN bought a new stake in Elanco Animal Health in the third quarter worth about $79,056,000. Massachusetts Financial Services Co. MA bought a new stake in Elanco Animal Health in the third quarter worth about $48,580,000. JPMorgan Chase & Co. bought a new stake in Elanco Animal Health in the third quarter worth about $38,358,000. American Century Companies Inc. bought a new stake in Elanco Animal Health in the third quarter worth about $29,898,000. Finally, Alliancebernstein L.P. bought a new stake in Elanco Animal Health in the third quarter worth about $27,131,000.

ELAN has been the topic of several research reports. Citigroup initiated coverage on shares of Elanco Animal Health in a research report on Monday, October 15th. They issued a “buy” rating and a $37.00 price objective on the stock. Gabelli began coverage on shares of Elanco Animal Health in a research note on Wednesday, September 19th. They issued a “buy” rating and a $32.00 target price for the company. Morgan Stanley began coverage on shares of Elanco Animal Health in a research note on Monday, October 15th. They issued an “equal weight” rating and a $35.00 target price for the company. Craig Hallum began coverage on shares of Elanco Animal Health in a research note on Friday, October 12th. They issued a “hold” rating for the company. Finally, BMO Capital Markets began coverage on shares of Elanco Animal Health in a research note on Wednesday, September 26th. They issued a “market perform” rating and a $33.00 target price for the company. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Elanco Animal Health currently has a consensus rating of “Hold” and a consensus target price of $34.88.

In other Elanco Animal Health news, CEO Jeffrey N. Simmons bought 22,000 shares of Elanco Animal Health stock in a transaction dated Monday, September 24th. The stock was purchased at an average price of $24.00 per share, for a total transaction of $528,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lawrence Erik Kurzius bought 10,000 shares of Elanco Animal Health stock in a transaction dated Monday, September 24th. The stock was acquired at an average price of $24.00 per share, with a total value of $240,000.00. The disclosure for this purchase can be found here. Insiders bought 33,000 shares of company stock valued at $792,000 in the last quarter.

ELAN opened at $33.48 on Friday. Elanco Animal Health has a twelve month low of $30.10 and a twelve month high of $37.61.

Elanco Animal Health (NASDAQ:ELAN) last posted its earnings results on Tuesday, November 6th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.04. The business had revenue of $761.10 million during the quarter, compared to analysts’ expectations of $766.26 million. Elanco Animal Health’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS.

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About Elanco Animal Health

There is no company description available for Elanco Animal Health Inc

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Institutional Ownership by Quarter for Elanco Animal Health (NASDAQ:ELAN)

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