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BlackRock Increases Stake in PRS REIT PLC

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BlackRock Increases Stake in PRS REIT PLC

PRS REIT Plc ( (GB:PRSR) ) has shared an update.

The PRS REIT 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., a major investment management corporation headquartered in the USA. The notification indicates that BlackRock’s total voting rights in PRS REIT have increased to 6.28%, up from a previous 5.89%, reflecting a strategic adjustment in their investment portfolio. This change in holdings may impact PRS REIT’s shareholder dynamics and could influence its market positioning, given BlackRock’s significant influence in the financial sector.

More about PRS REIT Plc

YTD Price Performance: 7.56%

Average Trading Volume: 770,373

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £629.4M

For a thorough assessment of PRSR stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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