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Macquarie Group Ceases Substantial Holding in Helia Group

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Macquarie Group Ceases Substantial Holding in Helia Group

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Genworth Mortgage Insurance Australia Ltd ( (AU:HLI) ) has issued an announcement.

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 reflects a shift in Macquarie’s voting interests and associations with Helia, potentially impacting the company’s influence and strategic decisions within the market.

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

YTD Price Performance: 36.60%

Average Trading Volume: 1,434,548

Technical Sentiment Signal: Buy

Current Market Cap: A$1.46B

Find detailed analytics on HLI stock on TipRanks’ Stock Analysis page.

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