Merck & Co., Inc. $MRK Stock Holdings Decreased by Secure Asset Management LLC
MarketBeat
Secure Asset Management LLC significantly reduced its stake in Merck & Co., Inc. ($MRK) by 83.5% in Q2, selling 21,955 shares and retaining 4,350 shares worth $559,000. Despite this, institutional investors and hedge funds still own 76.07% of MRK, and analyst sentiment remains positive with a "Moderate Buy" consensus and an average price target of $147.60. Merck reported strong quarterly revenue of $16.61 billion, exceeding expectations, and declared a quarterly dividend of $0.85 per share.
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