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Highland Capital boosts Mercury General stake, analysts upgrade stock to "buy" despite earnings forecast.
Highland Capital Management LLC increased its stake in Mercury General Corporation by 28% in the first quarter, now owning 4,651 shares valued at $260,000.
Mercury General reported a net margin of 5.11% and a return on equity of 12.52%, and analysts predict it will post -0.5 earnings per share this year.
Wall Street Zen recently upgraded Mercury General's rating from "hold" to "buy."
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Highland Capital aumenta la participación de Mercury General, analistas actualizan las acciones a "comprar" a pesar de las previsiones de ganancias.