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Skba Capital Management sold shares of Parker-Hannifin, but institutions still own 82.44% of the company's stock.
Skba Capital Management LLC recently sold 580 shares of Parker-Hannifin Co., reducing their holdings.
Despite this sale, institutional investors still own 82.44% of Parker-Hannifin's stock.
The company, known for its motion and control technologies, reported a strong fourth-quarter earnings, exceeding analysts' expectations.
Parker-Hannifin has a "Moderate Buy" rating and an average target price of $736.65.
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Skba Capital Management vendió acciones de Parker-Hannifin, pero las instituciones todavía poseen 82.44% de las acciones de la compañía.