Collins Foods Limited ( (AU:CKF) ) just unveiled an announcement.
Allan Gray Australia Pty Ltd, an investment manager, has reduced its voting power in Collins Foods Limited from 6.09% to 5.00% as of April 9, 2025. This change in substantial holding indicates a shift in investment strategy or portfolio adjustment by Allan Gray, potentially impacting the company’s shareholder dynamics and market perception.
More about Collins Foods Limited
Collins Foods Limited operates in the food service industry, primarily focusing on the management and operation of fast-food restaurants. The company is known for its franchise operations of well-known brands, catering to a broad market seeking quick-service dining options.
YTD Price Performance: 19.43%
Technical Sentiment Signal: Strong Buy
Current Market Cap: $607.5M
For an in-depth examination of CKF stock, go to TipRanks’ Stock Analysis page.