Miracle Mile Advisors LLC Grows Stock Position in Eli Lilly and Company $LLY
Miracle Mile Advisors LLC increased its stake in Eli Lilly and Company (NYSE: LLY) by 7.9% in Q3, now holding 19,766 shares valued at $15.08 million. Other institutional investors also adjusted their positions. Eli Lilly's stock opened at $1,075.00, with a market cap of $1.02 trillion and a P/E ratio of 52.59. The company reported Q3 earnings of $7.02 per share, exceeding estimates, and announced a quarterly dividend of $1.73 per share, up from $1.50. Analysts maintain positive ratings on the stock, with target prices ranging from $1,050 to $1,165.