LPL Financial LLC Acquires 2,588 Shares of Tekla Healthcare (HQH)

LPL Financial LLC increased its holdings in shares of Tekla Healthcare (NYSE:HQH) by 7.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 37,103 shares of the financial services provider’s stock after acquiring an additional 2,588 shares during the quarter. LPL Financial LLC’s holdings in Tekla Healthcare were worth $837,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Millennium Management LLC boosted its position in Tekla Healthcare by 106.1% during the 4th quarter. Millennium Management LLC now owns 22,767 shares of the financial services provider’s stock worth $513,000 after buying an additional 11,718 shares during the period. Raymond James & Associates boosted its position in Tekla Healthcare by 44.1% during the 4th quarter. Raymond James & Associates now owns 318,395 shares of the financial services provider’s stock worth $7,180,000 after buying an additional 97,501 shares during the period. Two Sigma Securities LLC acquired a new stake in Tekla Healthcare during the 4th quarter worth approximately $250,000. Goldman Sachs Group Inc. lifted its position in shares of Tekla Healthcare by 140.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 95,819 shares of the financial services provider’s stock worth $2,161,000 after purchasing an additional 55,968 shares during the period. Finally, Guggenheim Capital LLC acquired a new position in shares of Tekla Healthcare in the 4th quarter worth approximately $242,000. Institutional investors and hedge funds own 19.39% of the company’s stock.

In other news, Director Thomas M. Kent purchased 1,100 shares of the company’s stock in a transaction dated Thursday, January 25th. The shares were purchased at an average price of $24.19 per share, for a total transaction of $26,609.00. Following the transaction, the director now owns 1,100 shares of the company’s stock, valued at $26,609. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.00% of the stock is currently owned by insiders.



Shares of NYSE HQH opened at $21.36 on Friday. Tekla Healthcare has a 52-week low of $20.36 and a 52-week high of $26.37.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Wednesday, February 28th were given a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.99%.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Dakota Financial News and is the property of of Dakota Financial News. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be read at https://dakotafinancialnews.com/2018/04/13/lpl-financial-llc-acquires-2588-shares-of-tekla-healthcare-hqh.html.

Tekla Healthcare Profile

Tekla Healthcare Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.

Want to see what other hedge funds are holding HQH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tekla Healthcare (NYSE:HQH).

Institutional Ownership by Quarter for Tekla Healthcare (NYSE:HQH)

Receive News & Ratings for Tekla Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tekla Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply