Wed Sep 25 08:58:42 UTC 2024: ## Sei Investments Cuts Stake in Quest Diagnostics by 23.3%
**NEW YORK, NY** – Sei Investments Co. reduced its holdings in Quest Diagnostics Incorporated (NYSE: DGX) by 23.3% during the second quarter, according to the company’s latest 13F filing with the Securities and Exchange Commission (SEC). The investment firm now owns 214,179 shares of the medical research company’s stock, following the sale of 64,926 shares.
This move suggests that Sei Investments may be less bullish on Quest Diagnostics’ future prospects. The company’s decision to trim its stake could be attributed to various factors, including market conditions, the company’s financial performance, or a shift in investment strategy.
Quest Diagnostics is a leading provider of diagnostic testing services, offering a wide range of laboratory tests for patients and healthcare providers. The company’s financial performance in recent quarters has been closely watched by investors, with analysts seeking clarity on its growth trajectory.
The impact of Sei Investments’ decision on Quest Diagnostics’ stock price remains to be seen. However, it is likely to be closely monitored by market analysts and investors alike.
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