Lansforsakringar Fondforvaltning AB publ increased its stake in Merck & Co., Inc. by 2.3% in the third quarter, bringing their total holdings to 856,743 shares valued at $71.91 million. Other institutional investors also adjusted their positions in Merck, which currently has a “Moderate Buy” consensus rating from analysts. The company recently reported strong quarterly earnings, topping estimates, and declared a quarterly dividend of $0.85 per share.
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Lansforsakringar Fondforvaltning AB publ Boosts Holdings in Merck & Co., Inc. $MRK
Lansforsakringar Fondforvaltning AB publ increased its stake in Merck & Co., Inc. by 2.3% in the third quarter, bringing their total holdings to 856,743 shares valued at $71.91 million. Other institutional investors also adjusted their positions in Merck, which currently has a “Moderate Buy” consensus rating from analysts. The company recently reported strong quarterly earnings, topping estimates, and declared a quarterly dividend of $0.85 per share.