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Soul Patts Announces Change in Substantial Holding Interests

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Soul Patts Announces Change in Substantial Holding Interests

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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has shared an update.

Washington H. Soul Pattinson and Company Limited (Soul Patts) announced a change in their substantial holding interests in Pengana Capital Group Limited (PCG), with a current voting power of more than 20% in PCG. This change reflects Soul Patts’ strategic investment approach and could impact their influence within PCG, potentially affecting stakeholders and market dynamics.

The most recent analyst rating on (AU:SOL) stock is a Buy with a A$36.20 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.

More about Washington H. Soul Pattinson and Co.

Washington H. Soul Pattinson and Company Limited, commonly known as Soul Patts, is an Australian public company that was first listed on the Sydney Stock Exchange in 1903. Originally focused on owning and operating pharmacies, the company has evolved into an investment house with a diversified portfolio across various industries, including listed equities, private markets, credit, and property. Soul Patts aims for long-term investment strategies to deliver superior returns through capital growth and regular dividends.

Average Trading Volume: 456,220

Technical Sentiment Signal: Buy

Current Market Cap: A$13.73B

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

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