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Mitsubishi UFJ Financial Group Adjusts Stake in IDP Education

Story Highlights
  • Mitsubishi UFJ Financial Group, Inc. is no longer a substantial holder in IDP Education Limited.
  • Changes in voting securities include a decrease by First Sentier and purchases by Morgan Stanley.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Adjusts Stake in IDP Education

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IDP Education Ltd. ( (AU:IEL) ) has shared an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in IDP Education Limited, as indicated by recent changes in their voting securities. This change involves a decrease in shares held by an entity controlled by First Sentier Investors Holdings Pty Ltd and several purchases of securities by an entity controlled by Morgan Stanley, impacting the company’s shareholder structure.

The most recent analyst rating on (AU:IEL) stock is a Buy with a A$16.00 price target. To see the full list of analyst forecasts on IDP Education Ltd. stock, see the AU:IEL Stock Forecast page.

More about IDP Education Ltd.

YTD Price Performance: -70.83%

Average Trading Volume: 3,773,237

Technical Sentiment Signal: Sell

Current Market Cap: A$1.02B

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

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