Mitsubishi UFJ Financial Group Acquires Substantial Stake in Healius Limited
Mitsubishi UFJ Financial Group has acquired a 5.22% stake in Healius Limited, indicating a significant investment that may influence the company's market dynamics and shareholder structure. The latest analyst rating for Healius Limited (AU:HLS) is a Hold, with a price target of A$1.65. Healius Limited currently has a market cap of A$551.9M and an average trading volume of 5,317,242 shares.
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Healius Limited ( (AU:HLS) ) just unveiled an update.
Healius Limited has announced that Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in the company, acquiring a 5.22% voting power through its relevant interests in First Sentier Investors Holdings Pty Limited and Morgan Stanley. This development signifies a significant investment by Mitsubishi UFJ Financial Group, potentially impacting Healius Limited’s market dynamics and shareholder composition, as well as indicating confidence in the company’s future prospects.
The most recent analyst rating on (AU:HLS) stock is a Hold with a A$1.65 price target. To see the full list of analyst forecasts on Healius Limited stock, see the AU:HLS Stock Forecast page.
More about Healius Limited
Average Trading Volume: 5,317,242
Technical Sentiment Signal: Sell
Current Market Cap: A$551.9M
For an in-depth examination of HLS stock, go to TipRanks’ Overview page.
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