Prudential Financial Inc. Acquires 28289 Shares of ResMed Inc. (RMD)
Summary
Prudential Financial Inc. increased its holdings in shares of ResMed Inc. (NYSE:RMD) by 16.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The medical equipment provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.05. BMO Capital Markets cut their target price on shares of ResMed to $120.00 and set a “positive” rating on the stock in a research note on Monday, January 28th. In other ResMed news, CFO Brett Sandercock sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 30th. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation.