Bessemer Group Inc. significantly increased its stake in Labcorp Holdings Inc. by 3,917.6% in Q3, now owning 183,242 shares valued at $52.6 million. Meanwhile, CEO Adam H. Schechter sold 5,745 shares, reducing his ownership. Labcorp declared a quarterly dividend of $0.72 per share, and analysts maintain a “Moderate Buy” rating with an average price target of $300.58.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bessemer Group Inc. Raises Stake in Labcorp Holdings Inc. $LH
Bessemer Group Inc. significantly increased its stake in Labcorp Holdings Inc. by 3,917.6% in Q3, now owning 183,242 shares valued at $52.6 million. Meanwhile, CEO Adam H. Schechter sold 5,745 shares, reducing his ownership. Labcorp declared a quarterly dividend of $0.72 per share, and analysts maintain a “Moderate Buy” rating with an average price target of $300.58.