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Assenagon Asset Management S.A. Has $19.43 Million Stock Holdings in ResMed Inc. $RMD
Assenagon Asset Management S.A. increased its stake in ResMed Inc. (NYSE:RMD) by 136.8% in the fourth quarter, bringing its total holdings to $19.43 million, representing 0.06% of the company. Other institutional investors also adjusted their positions in ResMed. The medical equipment provider has received a “Moderate Buy” consensus rating from analysts, with an average target price of $299.27, and recently reported strong quarterly earnings and a dividend announcement.