Thrivent Financial for Lutherans Sells 17,911 Shares of Hubbell Inc $HUBB

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Thrivent Financial for Lutherans has significantly reduced its stake in Hubbell Inc. (NYSE:HUBB) by selling 17,911 shares, bringing its total holdings to 5,156 shares valued at $2,219,000. Other institutional investors like Vanguard Group Inc., State Street Corp, and Massachusetts Financial Services Co. MA have either increased or adjusted their positions in the company. Hubbell Inc. recently reported strong Q4 earnings, revenue growth, and announced a quarterly dividend, while analysts have a “Moderate Buy” rating with an average price target of $529.75.

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