State Street Corporation $STT Shares Sold by Ferguson Wellman Capital Management Inc.

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Ferguson Wellman Capital Management Inc. reduced its stake in State Street Corporation (NYSE:STT) by 11.7% in the fourth quarter, selling over 133,000 shares. Despite this, State Street remains a significant holding for the fund, and other institutional investors have recently adjusted their positions in the company. State Street reported strong quarterly earnings, beating consensus estimates, and analysts maintain a “Moderate Buy” rating for the stock.

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