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UniSuper cut Franklin Electric shares, but the company beat earnings expectations, valued at $4.33B.
UniSuper, an Australian investment firm, reduced its shares in Franklin Electric by 7,100, now owning 56,465 shares.
KBC Group NV and KLP Kapitalforvaltning AS have increased their holdings.
Franklin Electric reported earnings of $0.72 per share, exceeding analyst expectations, and has a market cap of $4.33 billion.
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UniSuper cortó las acciones de Franklin Electric, pero la compañía superó las expectativas de ganancias, valoradas en $4.33B.