Primecap Management Co. CA Trims Position in Zimmer Biomet Holdings, Inc. $ZBH

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Primecap Management Co. CA reduced its stake in Zimmer Biomet Holdings, Inc. (NYSE:ZBH) by 9.8% in the third quarter, selling 460,200 shares and holding approximately $418.69 million worth of the stock. Despite this, other institutional investors have mostly increased their positions in the medical equipment provider. Analysts currently rate Zimmer Biomet as a “Hold” with an average target price of $106.20.

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