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Amgen Inc. $AMGN Position Lessened by OLD National Bancorp IN
OLD National Bancorp IN has reduced its stake in Amgen Inc. by 17.8% during the fourth quarter, selling 3,306 shares and now owning 15,238 shares valued at $4.988 million. Despite this, other institutional investors have increased their holdings, and Amgen has received a consensus “Hold” rating from analysts with an average price target of $356.62. The company recently announced a quarterly dividend of $2.52 per share and reported strong Q4 earnings, beating analyst estimates.