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AustralianSuper Increases Stake in Vicinity Centres

Story Highlights
  • AustralianSuper Pty Ltd increased its voting power in Vicinity Centres to 7.36%.
  • The increased stake may impact Vicinity Centres’ strategic decisions and market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AustralianSuper Increases Stake in Vicinity Centres

Confident Investing Starts Here:

Vicinity Centres ( (AU:VCX) ) just unveiled an announcement.

AustralianSuper Pty Ltd has increased its voting power in Vicinity Centres from 6.04% to 7.36%, as indicated in a recent change of interests notice. This increase in voting power reflects AustralianSuper’s growing influence within Vicinity Centres, potentially impacting the company’s strategic decisions and signaling confidence in its market position.

The most recent analyst rating on (AU:VCX) stock is a Sell with a A$2.35 price target. To see the full list of analyst forecasts on Vicinity Centres stock, see the AU:VCX Stock Forecast page.

More about Vicinity Centres

Vicinity Centres operates in the retail property industry, focusing on the ownership and management of shopping centers across Australia. The company provides retail space solutions and aims to enhance the shopping experience for consumers while delivering value to its stakeholders.

Average Trading Volume: 12,329,684

Technical Sentiment Signal: Buy

Current Market Cap: A$11.18B

Learn more about VCX stock on TipRanks’ Stock Analysis page.

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