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flag Motley Fool boosts stake in Globus Medical, despite earnings beat and other firm reducing holdings.

flag Motley Fool Asset Management LLC increased its holdings in medical device company Globus Medical by 9.8% in the fourth quarter, making it their 28th largest holding. flag Despite this, Wellington Management Group LLP reduced its stock position by 3.2%. flag Globus Medical's earnings per share for the quarter hit $0.84, surpassing estimates by $0.10. flag The company has a market cap of $10.4 billion and a consensus target price of $97.09.

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