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Universal Investment and Service Company Ltd. Buys 6,095 Shares of ResMed Inc. $RMD
Universal Beteiligungs und Servicegesellschaft mbH increased its stake in ResMed Inc. by 6.1% during the fourth quarter, purchasing an additional 6,095 shares to own a total of 105,621 shares valued at approximately $25.5 million. ResMed reported strong earnings, beating consensus estimates with $2.81 EPS and $1.42 billion in revenue, leading to a “Moderate Buy” consensus rating among analysts with an average price target of $295.64. The company also declared a quarterly dividend of $0.60 per share.