Monolithic Power Systems missed earnings estimates, yet saw increased stake ownership by hedge funds and raised its dividend.

Monolithic Power Systems saw changes in stake ownership by several hedge funds and institutional investors in Q4 2020, including increases by Van Eck Associates Corp and FMR LLC. The company missed earnings estimates, reporting $3.17 EPS compared to expected $4.01. With a market cap of $34.12 billion, Monolithic Power Systems also increased its quarterly dividend to $1.56, a 0.89% yield. Over 93% of the company's stock is held by institutional investors.

6 weeks ago
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