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O Shaughnessy increased its stake in Merck, while CalPERS sold shares; Merck's revenue rose 6.8% to $15.62B.
O Shaughnessy Asset Management LLC increased its stake in Merck & Co., Inc. by 9.4%, now owning 282,112 shares valued at $28.065 million.
Meanwhile, CalPERS reduced its stake by 8.8% after selling 818,542 shares.
Merck's revenue rose 6.8% year-over-year to $15.62 billion, with a net margin of 26.67% and a return on equity of 45.35%.
Despite missing earnings per share estimates, the company announced a $0.81 quarterly dividend.
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Shaughnessy aumentó su participación en Merck, mientras que CalPERS vendió acciones; los ingresos de Merck aumentaron un 6,8% a $15,62B.