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Motley Fool boosts stake in Globus Medical, despite earnings beat and other firm reducing holdings.
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.
Despite this, Wellington Management Group LLP reduced its stock position by 3.2%.
Globus Medical's earnings per share for the quarter hit $0.84, surpassing estimates by $0.10.
The company has a market cap of $10.4 billion and a consensus target price of $97.09.
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Motley Fool aumenta la participación en Globus Medical, a pesar de las ganancias y otras empresas que reducen las tenencias.