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Texas Teacher Retirement System boosts Garmin holdings by over 150,000 shares, valuing total at $74.56M.
The Teacher Retirement System of Texas has significantly increased its stake in Garmin Ltd., purchasing an additional 159,860 shares in the fourth quarter, bringing its total holdings to 361,490 shares, worth about $74.56 million.
Garmin reported strong financial performance, with a 22.9% increase in revenue and a quarterly dividend of $0.90 per share, payable on March 27 to shareholders of record on March 13.
Other institutions, including Cibc World Markets Corp, have also increased their holdings in Garmin.
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Texas Teacher Retirement System aumenta las tenencias de Garmin en más de 150.000 acciones, valorando un total de $74,56M.