Allianz Asset Management GmbH significantly reduced its stake in State Street Corporation by selling 209,282 shares, decreasing its holdings by 37.3% during the third quarter. Despite this, other institutional investors have recently increased their positions in State Street. The article also provides a financial overview of State Street, including its recent earnings, dividend announcement, and current analyst ratings, which generally recommend a “Moderate Buy.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Allianz Asset Management GmbH Sells 209,282 Shares of State Street Corporation $STT
Allianz Asset Management GmbH significantly reduced its stake in State Street Corporation by selling 209,282 shares, decreasing its holdings by 37.3% during the third quarter. Despite this, other institutional investors have recently increased their positions in State Street. The article also provides a financial overview of State Street, including its recent earnings, dividend announcement, and current analyst ratings, which generally recommend a “Moderate Buy.”