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Bank of Nova Scotia tripled its stake in Allegion, a company that beat earnings estimates and raised its dividend.
Bank of Nova Scotia significantly increased its stake in Allegion plc, a security products company, by 250.1% in the last quarter, owning 38,172 shares.
Allegion posted strong earnings of $1.86 per share, beating analysts' estimates, and declared a quarterly dividend of $0.51 per share.
The company has a market cap of $10.79 billion and a consensus "Hold" rating from analysts.
Insiders have recently sold $406,636 worth of shares.
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Bank of Nova Scotia triplicó su participación en Allegion, una empresa que superó las estimaciones de ingresos y aumentó su dividendo.