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Ethic Inc. Boosts Stock Position in Amgen Inc. $AMGN
Ethic Inc. significantly increased its stake in Amgen Inc. by 10.4% in the fourth quarter, bringing its total holdings to $15.08 million. Other institutional investors also adjusted their positions in Amgen, which recently announced a quarterly dividend and favorable Q1 earnings, beating analyst estimates. Wall Street analysts currently hold a “Hold” rating on Amgen with a consensus target price of $357.12.