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Macquarie Group Ceases Substantial Holding in Helia Group

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Macquarie Group Ceases Substantial Holding in Helia Group

Elevate Your Investing Strategy:

An announcement from Genworth Mortgage Insurance Australia Ltd ( (AU:HLI) ) is now available.

Macquarie Group Limited, along with its controlled entities, has announced that it has ceased to be a substantial holder in Helia Group Limited. This change in substantial holding indicates a shift in Macquarie’s investment strategy, potentially affecting its influence in Helia Group’s decision-making processes and signaling a possible reallocation of resources or focus within its investment portfolio.

The most recent analyst rating on (AU:HLI) stock is a Sell with a A$3.60 price target. To see the full list of analyst forecasts on Genworth Mortgage Insurance Australia Ltd stock, see the AU:HLI Stock Forecast page.

More about Genworth Mortgage Insurance Australia Ltd

Average Trading Volume: 1,781,176

Technical Sentiment Signal: Buy

Current Market Cap: A$1.45B

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

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