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Despite key investors reducing stakes, Merck reported strong Q1 earnings and announced a dividend.
Several institutional investors have adjusted their holdings in Merck & Co., Inc. (NYSE:MRK), with Sentry Investment Management and McLean Asset Management both reducing their stakes.
Despite this, Merck reported strong Q1 earnings of $2.22 per share, surpassing analyst estimates of $2.16.
The company has a market cap of $191.40 billion and a P/E ratio of 11.33.
Merck also announced a quarterly dividend of $0.81, payable on July 8th.
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A pesar de que los inversores clave redujeron sus participaciones, Merck reportó fuertes ganancias del primer trimestre y anunció un dividendo.