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Argent Trust Co Lowers Stock Holdings in Amgen Inc. $AMGN
Argent Trust Co reduced its stake in Amgen Inc. by 29.4% in the third quarter, selling 9,070 shares and ending with 21,826 shares valued at $6.159 million. Despite this reduction, Amgen reported strong Q4 results, beating EPS and revenue expectations, and raised its quarterly dividend. The company also maintains a “Moderate Buy” analyst consensus with an average target price of $351.76.