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Investors boost stakes in Medpace Holdings, a clinical development firm, despite a "Hold" rating.
Distillate Capital Partners and Russell Investments Group increased their stakes in Medpace Holdings, a provider of clinical development services, in the fourth quarter.
Russell's stake rose by 50.6%, and Distillate's by an additional 1,155 shares.
Medpace's stock opened at $297.72, with a $9 billion market cap.
The firm's EPS of $3.67 surpassed estimates, though it has a "Hold" rating with a target price of $361.90.
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Los inversores aumentan las participaciones en Medpace Holdings, una empresa de desarrollo clínico, a pesar de una calificación de "Hold".