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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InLSV Asset Management significantly increased its stake in Corebridge Financial, Inc. (NYSE:CRBG) by 2.1% during the third quarter. The investment firm now holds over 4.6 million shares, representing approximately 0.87% ownership in the company. This move follows Corebridge Financial's robust performance, as it surpassed earnings expectations with $1.22 EPS and $6.34 billion in revenue. Furthermore, Corebridge Financial demonstrated confidence by raising its quarterly dividend to $0.25. Despite these positive developments, analysts maintain a 'Hold' rating for the stock, with an average price target of $37.60.