First National Trust Co reduced its stake in Amgen Inc. (NASDAQ:AMGN) by 16.3% in the third quarter, holding 43,957 shares valued at $12.41 million. Other institutional investors, like Laurel Wealth Advisors LLC and Norges Bank, significantly increased their holdings. Amgen also reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.
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First National Trust Co Trims Stock Holdings in Amgen Inc. $AMGN
First National Trust Co reduced its stake in Amgen Inc. (NASDAQ:AMGN) by 16.3% in the third quarter, holding 43,957 shares valued at $12.41 million. Other institutional investors, like Laurel Wealth Advisors LLC and Norges Bank, significantly increased their holdings. Amgen also reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.