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Quantbot Technologies LP Increases Stock Position in Merck & Co., Inc. $MRK
Quantbot Technologies LP significantly increased its stake in Merck & Co., Inc. (NYSE:MRK) by 125.0% in the third quarter, bringing their total holdings to 62,785 shares valued at $5.27 million. The article also details other institutional investor activity, recent insider trading, analyst ratings, and positive pipeline developments for Merck, despite some negative sentiment around Gardasil sales and a corporate restructure. Merck recently announced a quarterly dividend of $0.85 per share and reported strong Q3 earnings, beating analyst estimates.