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Altfest L J & Co. Inc. boosted its stake in Merck, which reported a strong quarter despite a slight revenue dip.
Altfest L J & Co. Inc. increased its investment in Merck & Co., Inc. by purchasing 358 shares, bringing its total holdings to 25,043 shares.
Despite a slight dip in revenue, Merck reported a strong quarter with EPS of $2.13, beating estimates.
The company's stock has a market cap of $199.40 billion and a P/E ratio of 12.24.
Analysts predict 9.01 EPS for the year.
Other institutions like Deutsche Bank AG and VeraBank N.A.
have also adjusted their holdings in Merck.
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Altfest L J & Co. Inc. aumentó su participación en Merck, que registró un trimestre sólido a pesar de una ligera caída de los ingresos.