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Norden Group cuts its stake in Ryan Specialty, which still declares a slightly increased dividend.
Norden Group LLC reduced its stake in specialty insurance provider Ryan Specialty Holdings, Inc. by 34.2% in the fourth quarter, now owning 27,973 shares.
Despite missing earnings expectations, the company reported $0.45 EPS and revenue of $663.53 million.
Ryan Specialty declared a quarterly dividend of $0.12, up from $0.11 previously, with a payout date of March 18th.
Institutional investors like Amalgamated Bank have also increased their holdings.
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Norden Group reduce su participación en Ryan Specialty, que aún declara un dividendo ligeramente aumentado.