HighTower Advisors LLC Increases Stake in AstraZeneca PLC $AZN

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HighTower Advisors LLC has increased its stake in AstraZeneca PLC by 3.5% in the third quarter, acquiring an additional 31,957 shares and bringing its total holdings to 958,235 shares valued at approximately $73.52 million. The company is broadly seen as a “Moderate Buy” by analysts, with an average target price of $95.75, and recently announced a dividend of $1.595 per share. Other institutional investors like Primecap Management Co. CA and Franklin Resources Inc. have also recently adjusted their positions in the biopharmaceutical company.

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