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JPMorgan Chase & Co. Ceases Substantial Holding in Star Entertainment Group

Story Highlights
  • JPMorgan Chase & Co. and affiliates are no longer substantial holders in Star Entertainment Group.
  • The change affects numerous ordinary securities, altering the company’s shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JPMorgan Chase & Co. Ceases Substantial Holding in Star Entertainment Group

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The latest update is out from Star Entertainment Group Limited ( (AU:SGR) ).

JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Star Entertainment Group Limited, a company involved in the entertainment industry. This change in holding status involves various subsidiaries of JPMorgan, including J.P. Morgan Securities Australia Limited and J.P. Morgan Securities LLC, and affects a significant number of ordinary securities, indicating a shift in the company’s shareholder structure.

The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.

More about Star Entertainment Group Limited

YTD Price Performance: -31.58%

Average Trading Volume: 13,766,481

Technical Sentiment Signal: Sell

Current Market Cap: A$372.6M

For a thorough assessment of SGR stock, go to TipRanks’ Stock Analysis page.

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