Kahn Brothers Group Inc increased its stake in Glaxosmithkline (GSK) by 1.24% based on its latest 2019Q1 regulatory filing with the SEC. Kahn Brothers Group Inc bought 15,610 shares as the company’s stock declined 1.96% while stock markets rallied. The hedge fund held 1.28M shares of the major pharmaceuticals company at the end of 2019Q1, valued at $53.35B, up from 1.26M at the end of the previous reported quarter. Kahn Brothers Group Inc who had been investing in Glaxosmithkline for a number of months, seems to be bullish on the $100.21 billion market cap company. The stock increased 0.19% or $0.08 during the last trading session, reaching $40.03. About 1.63M shares traded. GlaxoSmithKline plc (NYSE:GSK) has declined 1.15% since June 28, 2018 and is downtrending. It has underperformed by 5.58% the S&P500. Some Historical GSK News: 06/03/2018 – GLAXOSMITHKLINE PLC GSK.L – STUDY ALSO FOUND THAT llV4 REDUCED IMPACT OF INFLUENZA ON HEALTHCARE UTILISATION AND DAILY ACTIVITIES; 27/03/2018 –

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