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QRG Capital Management Inc. Has $5.39 Million Stock Holdings in ResMed Inc. $RMD
QRG Capital Management Inc. significantly increased its stake in ResMed Inc. (NYSE:RMD) by 31.6% in the fourth quarter, bringing its total holdings to 22,360 shares valued at $5.39 million. Other institutional investors have also adjusted their positions in ResMed. The company has received a “Moderate Buy” consensus rating from analysts with an average target price of $286.18, and recently announced a quarterly dividend of $0.60 per share.