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Mitsubishi UFJ Ceases Substantial Holding in Fleetpartners

Story Highlights
  • Mitsubishi UFJ Financial Group has ceased to be a substantial holder in Fleetpartners.
  • Changes in holding were due to transactions by entities controlled by Morgan Stanley and First Sentier.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Ceases Substantial Holding in Fleetpartners

Elevate Your Investing Strategy:

Eclipx Group ( (AU:FPR) ) has shared an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Fleetpartners Group Limited, as indicated in the recent Form 605 notice. The change in substantial holding was due to various transactions involving the purchase and sale of securities by entities controlled by Morgan Stanley and First Sentier Investors Holdings Pty Ltd. This development may impact Mitsubishi UFJ’s influence in Fleetpartners and could have implications for the company’s strategic positioning and its stakeholders.

The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Eclipx Group stock, see the AU:FPR Stock Forecast page.

More about Eclipx Group

YTD Price Performance: 12.64%

Average Trading Volume: 288,284

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$645.6M

See more data about FPR stock on TipRanks’ Stock Analysis page.

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