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Despite strong Q4 earnings, Alphabet's stock declines as major firms increase their holdings.
Financial firms like McGowan Group, NDVR Inc., OMERS Administration Corp, and Measured Risk Portfolios have recently increased their holdings in Alphabet Inc., the parent company of Google.
Alphabet reported strong Q4 earnings, with EPS of $2.81, surpassing analyst estimates by $0.79, and revenue of $90.23 billion.
Despite these positive results, Alphabet's stock has declined.
The company's CEO and CAO recently sold shares, and Alphabet plans to pay a quarterly dividend of $0.21 per share.
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A pesar de las fuertes ganancias del cuarto trimestre, las acciones de Alphabet disminuyen a medida que las principales firmas aumentan sus tenencias.