Hundreds of Hedge Funds Are Fleeing This Stock
A strange force has seized control of Wall Street. Hedge funds are already moving their money... and preparing for even stranger days ahead. Over 320 hedge funds have quietly sold THIS famous stock -- to prepare for a dramatic market shift Get the strange truth from a 50-year Wall Street insider... including the name and ticker of the stock hedge funds are selling hand-over-first.
About Eli Lilly and Company
Eli Lilly and Company discovers, develops, manufactures, and markets human pharmaceutical products worldwide. It offers Baqsimi for severe hypoglycemia; Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, Humulin U-500, and Lyumjev for diabetes; and Jardiance, Trajenta, and Trulicity for type 2 diabetes. The company also provides Alimta for non-small cell lung cancer (NSCLC) and malignant pleural mesothelioma; Cyramza for metastatic gastric cancer, gastro-esophageal junction adenocarcinoma, metastatic NSCLC, metastatic colorectal cancer, and hepatocellular carcinoma; Erbitux for colorectal cancers, and various head and neck cancers; Retevmo for metastatic NSCLC, medullary thyroid cancer, and thyroid cancer; Tyvyt for relapsed or refractory classic Hodgkin's lymph and non-squamous NSCLC; and Verzenio for HR+ and HER2- metastatic breast cancer. In addition, it offers Olumiant for rheumatoid arthritis; and Taltz for plaque psoriasis, psoriatic arthritis, ankylosing spondylitis, and non-radiographic axial spondyloarthritis. Further, the company Cymbalta for depressive disorder, diabetic peripheral neuropathic pain, generalized anxiety disorder, fibromyalgia, and chronic musculoskeletal pain; Emgality for migraine prevention and episodic cluster headache; Reyvow for migraine; and Zyprexa for schizophrenia, bipolar I disorder, and bipolar maintenance. Additionally, it Bamlanivimab and etesevimab for COVID-19; Cialis for erectile dysfunction and benign prostatic hyperplasia; and Forteo for osteoporosis. Eli Lilly and Company primarily has collaborations with Incyte Corporation; Pfizer Inc.; AC Immune SA; Centrexion Therapeutics Corporation; ImmuNext, Inc.; Avidity Biosciences, Inc.; AbCellera Biologics Inc.; and Junshi Biosciences. The company was founded in 1876 and is headquartered in Indianapolis, Indiana.
General
| Name | Eli Lilly and Company |
| Ticker | LLY |
| Exchange | NYSE |
| Sector | Healthcare |
| Industry | Drug Manufacturers-General |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 35,000 |
Highlights
| Analyst Target | 216.73 |
| Market Cap | 176,896,688,128 |
| PE Ratio | 124.27 |
| PEG Ratio | 1.88 |
| EBITDA | 8,875,299,840 |
Share Stats
| Shares Outstanding | 958,425,984 |
| Shares Float | 856,572,754 |
| Shares Short | 5,643,182 |
| Insider Holdings | 16% |
| Institution Holdings | 79.17% |
Highlights
| Analyst Target | 216.73 |
| Market Cap | 176,896,688,128 |
| PE Ratio | 124.27 |
| PEG Ratio | 1.88 |
| EBITDA | 8,875,299,840 |
Valuation
| Trailing PE | 27.18 |
| Forward PE | 25.13 |
| Price/Sales (Trailing 12 Mt.) | 7.63 |
| Price/Book (Most Recent Quarter) | 34.86 |
Dividend
Eli Lilly and Company pays out a dividend of $2.96 per share, with a dividend yield of 0.52%.
LLY's last dividend payment was made to shareholders on March 10, 2021.
They pay out 38.71% of their earnings out as a dividend.
Recent Dividends
| Sep 10, 2024 | $1.30 |
| Jun 10, 2024 | $1.30 |
| Mar 8, 2024 | $1.30 |
| Dec 8, 2023 | $1.13 |
| Sep 8, 2023 | $1.13 |
| Jun 9, 2023 | $1.13 |
| Mar 10, 2023 | $1.13 |
| Dec 9, 2022 | $0.98 |
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