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Zurcher Kantonalbank increased its Ingersoll Rand holdings, despite the company missing earnings expectations.
Zurcher Kantonalbank increased its Ingersoll Rand holdings by 3.3%, now owning 192,151 shares.
Despite missing earnings expectations by $0.04, Ingersoll Rand reported $0.81 EPS and has a P/E ratio of 40.24.
The company also announced a quarterly dividend of $0.02 per share to be paid on March 27.
Ingersoll Rand's stock has a market cap of $33.42 billion and a consensus rating of "Moderate Buy" with a target price of $104.25.
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Zurcher Kantonalbank aumentó sus participaciones en Ingersoll Rand, a pesar de que la compañía perdió las expectativas de ingresos.