China Universal Asset Management Co. Ltd. Sells 19,894 Shares of Merck & Co., Inc. $MRK

Market Beat
2026.04.25 08:35
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China Universal Asset Management Co. Ltd. reduced its stake in Merck & Co., Inc. by 63.3%, selling 19,894 shares in Q4, leaving it with 11,512 shares valued at $1.22 million. Other institutional investors, including DLD Asset Management and Legal & General Group, have also adjusted their holdings in Merck. The stock opened at $111.83, with a market cap of $276.21 billion. Merck reported Q4 earnings of $2.04 per share, exceeding estimates, and declared a quarterly dividend of $0.85, yielding 3.0%. Analysts have raised price targets for the stock, reflecting positive sentiment.