tiprankstipranks

BlackRock Increases Stake in J Sainsbury plc

Story Highlights
BlackRock Increases Stake in J Sainsbury plc

An update from J Sainsbury plc ( (GB:SBRY) ) is now available.

J Sainsbury plc, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc. The notification indicates that BlackRock’s total voting rights in Sainsbury have increased slightly to 6.92%, up from a previous 6.89%. This change in holdings could impact Sainsbury’s shareholder dynamics and influence its strategic decisions, reflecting BlackRock’s continued interest in the company’s operations.

More about J Sainsbury plc

YTD Price Performance: -6.73%

Average Trading Volume: 6,070,583

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £5.96B

See more insights into SBRY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App