Massey Quick Simon & CO. LLC Takes $42,000 Position in VBI Vaccines Inc (VBIV)

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Massey Quick Simon & CO. LLC acquired a new position in shares of VBI Vaccines Inc (NASDAQ:VBIV) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 22,547 shares of the biopharmaceutical company’s stock, valued at approximately $42,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Perceptive Advisors LLC increased its stake in shares of VBI Vaccines by 147.8% during the 4th quarter. Perceptive Advisors LLC now owns 23,951,556 shares of the biopharmaceutical company’s stock worth $38,322,000 after purchasing an additional 14,285,713 shares during the last quarter. Menora Mivtachim Holdings LTD. grew its stake in VBI Vaccines by 52.0% in the 4th quarter. Menora Mivtachim Holdings LTD. now owns 5,259,868 shares of the biopharmaceutical company’s stock valued at $8,416,000 after buying an additional 1,800,000 shares during the last quarter. General American Investors Co. Inc. grew its stake in VBI Vaccines by 104.1% in the 4th quarter. General American Investors Co. Inc. now owns 1,764,464 shares of the biopharmaceutical company’s stock valued at $2,823,000 after buying an additional 900,000 shares during the last quarter. Millennium Management LLC grew its stake in VBI Vaccines by 381.9% in the 4th quarter. Millennium Management LLC now owns 757,028 shares of the biopharmaceutical company’s stock valued at $1,211,000 after buying an additional 599,934 shares during the last quarter. Finally, Fosun International Ltd acquired a new position in VBI Vaccines in the 4th quarter valued at about $935,000. Institutional investors own 53.01% of the company’s stock.

Shares of VBIV opened at $2.08 on Wednesday. VBI Vaccines Inc has a 52 week low of $1.14 and a 52 week high of $3.95. The stock has a market capitalization of $206.07 million, a P/E ratio of -2.14 and a beta of 1.26. The company has a current ratio of 2.64, a quick ratio of 2.60 and a debt-to-equity ratio of 0.13.

VBI Vaccines (NASDAQ:VBIV) last announced its quarterly earnings results on Monday, February 25th. The biopharmaceutical company reported ($0.28) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.09). VBI Vaccines had a negative net margin of 1,895.74% and a negative return on equity of 68.48%. Equities analysts expect that VBI Vaccines Inc will post -0.54 earnings per share for the current year.

A number of research analysts recently commented on VBIV shares. Oppenheimer started coverage on shares of VBI Vaccines in a research note on Wednesday, January 16th. They issued an “outperform” rating and a $9.00 price target on the stock. ValuEngine lowered shares of VBI Vaccines from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, Zacks Investment Research lowered shares of VBI Vaccines from a “buy” rating to a “hold” rating in a research note on Tuesday, January 22nd.

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About VBI Vaccines

VBI Vaccines Inc, a biopharmaceutical company, develops and sells vaccines to address unmet needs in infectious disease and immuno-oncology in Israel and internationally. The company offers Sci-B-Vac, a prophylactic hepatitis B vaccine for adults, children, and newborns; and eVLP, a vaccine platform for the design of enveloped virus-like particle vaccines that closely mimic the structure of the target virus.

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Institutional Ownership by Quarter for VBI Vaccines (NASDAQ:VBIV)

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