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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.