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Empirical Asset Management LLC Has $306,000 Position in Amgen Inc. $AMGN
Empirical Asset Management LLC significantly reduced its stake in Amgen Inc. by 74.6% in the third quarter, holding 1,085 shares valued at $306,000. Despite this reduction, Amgen reported strong quarterly earnings, beating estimates, and raised its quarterly dividend, reaching an intraday all-time high amidst a “Moderate Buy” analyst consensus. The company’s financials also show a solid payout ratio and a 2.7% dividend yield.