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Grantham Mayo Van Otterloo & Co. LLC Boosts Stock Holdings in Best Buy Co., Inc. $BBY
Grantham Mayo Van Otterloo & Co. LLC increased its stake in Best Buy Co., Inc. by 38.5% in the third quarter, now owning 147,821 shares valued at $11.18 million. Other institutional investors like Vanguard Group Inc., Commonwealth Equity Services LLC, and CWM LLC also significantly boosted their holdings. Best Buy recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend to $0.96 per share.