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Versor Investments LP Trims Stock Holdings in Targa Resources, Inc. $TRGP
Versor Investments LP significantly reduced its stake in Targa Resources, Inc. by 70.1% in Q3, selling 4,767 shares and retaining 2,034 worth $341,000. Despite this, Targa Resources maintains a “Moderate Buy” rating from analysts with an average price target of $213.50, and its stock recently traded near a one-year high. The company offers a quarterly dividend of $1.00, yielding approximately 1.8%, and has a market capitalization of around $48 billion.