Richard Bernstein Advisors LLC significantly reduced its stake in Zimmer Biomet Holdings, Inc. by 55.0% in Q3, selling 18,526 shares and retaining 15,184 shares valued at $1,496,000. Despite this, other institutional investors like Rakuten Investment Management Inc. and Sector Gamma AS increased their positions. Zimmer Biomet recently reported strong Q4 earnings, beating estimates, and announced a quarterly dividend, while analysts have mixed ratings on the stock.
Richard Bernstein Advisors LLC Sells 18,526 Shares of Zimmer Biomet Holdings, Inc. $ZBH
Richard Bernstein Advisors LLC significantly reduced its stake in Zimmer Biomet Holdings, Inc. by 55.0% in Q3, selling 18,526 shares and retaining 15,184 shares valued at $1,496,000. Despite this, other institutional investors like Rakuten Investment Management Inc. and Sector Gamma AS increased their positions. Zimmer Biomet recently reported strong Q4 earnings, beating estimates, and announced a quarterly dividend, while analysts have mixed ratings on the stock.