Trigran Investments’ Holdings: Douglas Granat and Larry Oberman’s Top Moves

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7. Dolby Laboratories, Inc. (NYSE:DLB)

In Dolby Laboratories, Inc. (NYSE:DLB), Douglas Granat’s fund increased its holding six-fold, having amassed a $5.50 million position that contained 112,374 shares. Dolby Laboratories, Inc. (NYSE:DLB)’s stock has grown by 11% since the beginning of 2017 and currently has a yield of 1.12% based on the $0.14 dividend that the company is paying this year.

In the last couple of years, Dolby Laboratories, Inc. (NYSE:DLB) has seen its revenue grow and the company has been consistently hiking its dividends. As home television technology is advancing, Dolby Laboratories, Inc. (NYSE:DLB) is set to continue the expansion of its technology, which is among the leaders in the audio and imaging segments. Earlier this year, the company started offering its Dolby Atmos technology to Netflix, Inc. (NASDAQ:NFLX), one of the largest providers of on-demand video content. Other shareholders of Dolby Laboratories, Inc. (NYSE:DLB) include billionaire Jim Simons’ Renaissance Technologies, Michael Price’s MFP Investors, and Cliff Asness’ AQR Capital Management.

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Zapp2Photo/Shutterstock.com

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Disclosure: None

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