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Mitsubishi UFJ Trust sold shares in EMCOR Group, but the company still beat earnings expectations.
Mitsubishi UFJ Trust & Banking Corp reduced its holdings in EMCOR Group, a U.S. and UK-based construction and facilities services provider, by 27.5% in the fourth quarter, selling 12,826 shares.
Despite this, EMCOR Group beat earnings expectations by $0.79 per share, reporting $6.32 EPS and a market cap of $16.88 billion.
New Age Alpha Advisors LLC also recently acquired 7,424 shares of EMCOR.
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Mitsubishi UFJ Trust vendió acciones en EMCOR Group, pero la compañía aún supera las expectativas de ganancias.