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Vanguard Group Increases Stake in nib holdings Limited

Story Highlights
  • Vanguard Group has increased its stake in nib holdings Limited to 6.086%.
  • The increase in Vanguard’s stake could impact nib holdings’ market dynamics and stakeholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vanguard Group Increases Stake in nib holdings Limited

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An update from NIB Holdings Ltd ( (AU:NHF) ) is now available.

Vanguard Group, a major investment management company, has increased its stake in nib holdings Limited, an Australian health insurance provider. The change in Vanguard’s interest, which now stands at 6.086% of voting power, reflects a significant increase from its previous 5.001% stake. This adjustment in shareholding could potentially influence nib holdings’ market dynamics and stakeholder interests, given Vanguard’s substantial influence in the financial markets.

The most recent analyst rating on (AU:NHF) stock is a Hold with a A$6.40 price target. To see the full list of analyst forecasts on NIB Holdings Ltd stock, see the AU:NHF Stock Forecast page.

More about NIB Holdings Ltd

Average Trading Volume: 1,205,102

Technical Sentiment Signal: Buy

Current Market Cap: A$3.16B

See more insights into NHF stock on TipRanks’ Stock Analysis page.

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