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Texas' Teacher Retirement System boosted its WEX Inc. shares by over 120%, following the company’s strong Q4 earnings.
The Teacher Retirement System of Texas (TRS) significantly increased its stake in WEX Inc. by 120.4%, owning 8,688 shares.
WEX reported strong Q4 earnings of $3.13 per share, exceeding estimates.
Analysts rate WEX as "Hold" with a price target of $187.80.
The company has a market cap of $6 billion and operates a commerce platform offering fleet vehicle payment solutions.
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El Sistema de Jubilación de Maestros de Texas aumentó sus acciones de WEX Inc. en más del 120%, después de las fuertes ganancias Q4 de la compañía.