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The latest announcement is out from Washington H. Soul Pattinson and Co. Ltd. ( (AU:SOL) ).
Soul Patts announced a significant change in its investment in Perpetual Limited (ASX: PPT), having unwound its short equity derivative positions and reduced its long holding to 8.46%, with 5.36% held via physical shares. This adjustment reflects a strategic shift in Soul Patts’ investment approach, potentially impacting its market positioning and stakeholder interests in the financial sector.
More about Washington H. Soul Pattinson and Co. Ltd.
Washington H. Soul Pattinson and Company Limited (Soul Patts) is an Australian public company, originally established as a pharmacy operator, that has evolved into a diversified investment house. It holds a portfolio across various industries, focusing on long-term investments to deliver capital growth and dividends. Investors in Soul Patts gain access to asset classes such as listed equities, private markets, credit, and property.
YTD Price Performance: 0.52%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.81B
For an in-depth examination of SOL stock, go to TipRanks’ Stock Analysis page.