Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in ResMed Inc. by 3.5% in the third quarter, now owning 289,606 shares valued at $79.3 million. Other institutional investors also adjusted their positions in the medical equipment provider, while company insiders like Peter C. Farrell and Michael J. Farrell have sold shares. ResMed reported strong quarterly earnings, topping analyst estimates, and announced a quarterly dividend.
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Mitsubishi UFJ Asset Management Co. Ltd. Raises Holdings in ResMed Inc. $RMD
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in ResMed Inc. by 3.5% in the third quarter, now owning 289,606 shares valued at $79.3 million. Other institutional investors also adjusted their positions in the medical equipment provider, while company insiders like Peter C. Farrell and Michael J. Farrell have sold shares. ResMed reported strong quarterly earnings, topping analyst estimates, and announced a quarterly dividend.