Vanguard Group Inc. reduced its stake in Popular, Inc. (NASDAQ:BPOP) by 6.3% during the third quarter, selling 569,289 shares. The firm now holds 8,452,512 shares, valued at over $1 billion, representing 12.51% of the company. Other institutional investors have also adjusted their positions in Popular, while analysts maintain a “Buy” rating for the stock with a consensus price target of $155.73.
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Vanguard Group Inc. Sells 569,289 Shares of Popular, Inc. $BPOP
Vanguard Group Inc. reduced its stake in Popular, Inc. (NASDAQ:BPOP) by 6.3% during the third quarter, selling 569,289 shares. The firm now holds 8,452,512 shares, valued at over $1 billion, representing 12.51% of the company. Other institutional investors have also adjusted their positions in Popular, while analysts maintain a “Buy” rating for the stock with a consensus price target of $155.73.