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Broadcom's strong earnings and dividend increase boosted its stock despite mixed investor stances.
In the fourth quarter, several hedge funds and institutional investors adjusted their stakes in Broadcom Inc., with some reducing holdings while others increased their positions.
Broadcom reported earnings of $1.42 per share, topping estimates, and its revenue reached $14.05 billion, up 51.2% year-over-year.
The company also raised its quarterly dividend to $0.59.
Despite minor discrepancies in figures, analysts remain largely positive on Broadcom, with "buy" ratings and a consensus target price of around $225.04.
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Las fuertes ganancias y el aumento del dividendo de Broadcom impulsaron sus acciones a pesar de las posiciones mixtas de los inversores.