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Illinois Municipal Retirement Fund Trims Holdings in Thermo Fisher Scientific Inc. $TMO
The Illinois Municipal Retirement Fund reduced its stake in Thermo Fisher Scientific Inc. by 30.9% in the third quarter, selling 4,163 shares and now holding 9,307 shares valued at $4.514 million. This move comes as Thermo Fisher Scientific beat its quarterly EPS and revenue estimates, announced a $5.0 billion share buyback, and continues to hold a consensus “Moderate Buy” rating from analysts.