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Unigestion Holding SA doubled its stake in Hubbell, despite the company missing analysts' revenue forecasts.
Unigestion Holding SA increased its stake in Hubbell Incorporated by 111.1% in the first quarter, now owning 4,243 shares valued at $1.4 million.
Despite missing analysts' expectations, Hubbell reported $1.37 billion in revenue and $3.50 in EPS.
The company announced a quarterly dividend of $1.32 per share, payable on June 16th, and has a market cap of $20.84 billion.
Analysts predict 17.63 EPS for the year.
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Unigestion Holding SA duplicó su participación en Hubbell, a pesar de que la compañía no cumplió con las previsiones de ingresos de los analistas.