Ameriprise Financial Inc. Reduces Stock Position in Linde PLC $LIN

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Ameriprise Financial Inc. reduced its stake in Linde PLC by 2.9% in the third quarter, now owning 3,499,368 shares valued at $1.66 billion. Other institutional investors have also modified their holdings, with 82.80% of the stock owned by hedge funds and institutions. Linde recently reported strong quarterly earnings, increased its dividend, and received a “Buy” consensus rating from analysts, despite some insider selling.

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