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Institutional investors adjusted holdings in Eagle Materials, which missed earnings and revenue targets but declared a $0.25 dividend.
Lord Abbett & Co. LLC increased its holdings in Eagle Materials Inc. by 16.0%, while TD Private Client Wealth LLC reduced its holdings.
Eagle Materials missed earnings estimates, reporting $4.31 EPS compared to expected $4.75, and saw lower revenue than anticipated.
The company declared a quarterly dividend of $0.25 per share, payable on January 13th.
Institutional investors have been actively trading Eagle Materials stock.
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Los inversores institucionales ajustaron las tenencias de Eagle Materials, que perdió los objetivos de ingresos y ganancias pero declaró un dividendo de 0,25 dólares.