VGI Partners Global Investments Ltd. (AU:VG1) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
VGI Partners Global Investments Ltd. reports a robust portfolio performance with a net return of 2.9% in May, driven by strategic long and short positions, particularly in UK and European banks and North American tech companies. With a total portfolio value of $641 million, the firm maintains a concentrated investment approach, marked by a post-tax NTA of $2.18 per share and a long-term investment horizon. The company also actively engaged in a share buy-back program, purchasing 8.3 million shares at an average price of $1.88.
For further insights into AU:VG1 stock, check out TipRanks’ Stock Analysis page.
