Victory Capital Management Inc. Lowers Position in Jacobs Solutions Inc. $J

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Victory Capital Management Inc. has trimmed its stake in Jacobs Solutions Inc. by 4.2% in the third quarter, selling 9,925 shares and now owning 228,399 shares worth $34.23 million. This comes amidst other institutional investors increasing their holdings, with the company also announcing an increased quarterly dividend of $0.36 per share. Analysts have a “Moderate Buy” rating for Jacobs Solutions, with a consensus target price of $156.60.

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