Andra AP fonden reduced its stake in Merck & Co., Inc. (NYSE:MRK) by 3.1% in the third quarter, holding 544,400 shares valued at $45.69 million. Other institutional investors also adjusted their positions, and 76.07% of the stock is held by institutional investors and hedge funds. Merck recently reported strong quarterly earnings, exceeding analyst expectations, and announced a quarterly dividend.
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Andra AP fonden Has $45.69 Million Stock Holdings in Merck & Co., Inc. $MRK
Andra AP fonden reduced its stake in Merck & Co., Inc. (NYSE:MRK) by 3.1% in the third quarter, holding 544,400 shares valued at $45.69 million. Other institutional investors also adjusted their positions, and 76.07% of the stock is held by institutional investors and hedge funds. Merck recently reported strong quarterly earnings, exceeding analyst expectations, and announced a quarterly dividend.