Macquarie Group Limited ( (AU:MQG) ) just unveiled an update.
Macquarie Group Limited has announced that it has ceased to be a substantial holder in Perpetual Limited. This change in holding reflects a shift in Macquarie’s investment strategy or portfolio management, which could impact its influence in the market and its strategic direction. Stakeholders might need to reassess their positions and expectations regarding Macquarie’s future engagements and market behavior.
More about Macquarie Group Limited
Macquarie Group Limited is a global financial services group operating in various sectors including banking, financial, advisory, investment, and funds management services. The company is known for its expertise in infrastructure, energy, and commodities markets, and it serves a diverse range of clients worldwide.
YTD Price Performance: -5.89%
Average Trading Volume: 317
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $46.25B
For a thorough assessment of MQG stock, go to TipRanks’ Stock Analysis page.