Published on 15 Apr 2024 on Insider Monkey via Yahoo Finance
Here’s Why Perrigo Company PLC (PRGO) Stock Slumped in Q1
Heartland Advisors, an investment management company, released its “Heartland Mid Cap Value Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The portfolio had a 5.7% gain in the first quarter compared to an 8.2% return in the Russell Midcap Value Index. The Strategy underperformed in Financials and Industrials due to a low hit rate on stock selection. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.
Heartland Mid Cap Value Fund featured stocks like Perrigo Company plc (NYSE:PRGO) in the Q1 2024 investor letter. Headquartered in Dublin, Ireland, Perrigo Company plc (NYSE:PRGO) provides over-the-counter health and wellness solutions. On April 12, 2024, Perrigo Company plc (NYSE:PRGO) stock closed at $30.32 per share. One-month return of Perrigo Company plc (NYSE:PRGO) was 1.03%, and its shares lost 17.65% of their value over the last 52 weeks. Perrigo Company plc (NYSE:PRGO) has a market capitalization of $4.109 billion.