Sumitomo Mitsui DS Asset Management reduced its stake in Edwards Lifesciences Co. by 38.5%.

Sumitomo Mitsui DS Asset Management reduced its stake in Edwards Lifesciences Co. (NYSE:EW) by 38.5%, holding 78,949 shares after selling 49,382. Institutional investors own 79.46% of the company. Edwards reported Q2 earnings of $0.70 per share, surpassing estimates, and has a "Hold" rating with a target price of $75.81. Chicago Capital LLC also holds significant positions in Edwards and Ligand Pharmaceuticals.

October 20, 2024
5 Articles