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Wealthfront Advisers LLC Reduces Holdings in Best Buy Co., Inc. $BBY
Wealthfront Advisers LLC decreased its stake in Best Buy Co., Inc. by 12.7% in Q3, selling 14,932 shares and retaining 102,491 shares valued at approximately $7.75 million. The company’s stock has a “Hold” consensus rating from analysts with an average price target of $80.80, and it recently reported strong Q3 earnings, beating estimates with an EPS of $1.40. Best Buy also declared a quarterly dividend of $0.95 per share, representing a 5.7% yield.