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Quantbot Technologies LP Sells 146,544 Shares of Albemarle Corporation $ALB
Quantbot Technologies LP significantly reduced its stake in Albemarle Corporation (NYSE:ALB) by 60.2% during the third quarter, selling 146,544 shares and retaining 97,007 shares. Despite this, other hedge funds increased their positions in Albemarle. The company recently reported a quarterly EPS miss and revenue beat, declared a quarterly dividend, and has received a “Moderate Buy” average rating from analysts with an average target price of $170.04.