Buffalo Business & Estate Services Ltd. Takes Position in Amgen Inc. $AMGN

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Buffalo Business & Estate Services Ltd. has acquired 16,716 shares of Amgen Inc. (NASDAQ:AMGN) during the fourth quarter, valued at approximately $5.47 million, making it their 21st largest holding. Amgen recently reported strong Q4 earnings, beating analyst expectations with $5.29 EPS and $9.87 billion in revenue, and announced a quarterly dividend of $2.52 per share. Institutional investors now own 76.5% of the company’s stock, and analysts have a consensus “Hold” rating with an average target price of $354.60.

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