King Luther Capital Management Corp Sells 18,602 Shares of Bristol Myers Squibb Company $BMY

robot
Abstract generation in progress

King Luther Capital Management Corp reduced its stake in Bristol Myers Squibb by 3.5% in the third quarter, selling 18,602 shares and retaining 517,986 shares valued at approximately $23.36 million. Despite missing EPS estimates at $1.26 (vs. $1.65 consensus), Bristol Myers Squibb’s revenue of $12.50 billion surpassed forecasts, and the company raised its quarterly dividend to $0.63, reflecting a 4.2% yield. Institutional ownership remains high at 76.41%, and the stock currently has a “Hold” rating with an average price target of $60.19 among analysts.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)