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Numerai GP LLC Purchases Shares of 69,773 Otis Worldwide Corporation $OTIS
Numerai GP LLC recently acquired 69,773 shares of Otis Worldwide Corporation (NYSE:OTIS) for approximately $6.379 million, making it their 14th-largest holding. Despite this institutional interest and Otis paying a quarterly dividend of $0.42, insiders have been net sellers, and the stock currently holds a “Hold” consensus rating from analysts with an average target price of $101.44. Otis reported quarterly EPS consistent with estimates but missed revenue expectations.