Quaero Capital S.A. Buys New Holdings in Targa Resources Corp. (NYSE:TRGP)
From MarketBeat:
Quaero Capital S.A. acquired 12,500 shares of Targa Resources Corp. (NYSE:TRGP) valued at approximately $1,072,000. Other institutional investors and hedge funds, including Glenview Trust Co, Chilton Capital Management LLC, Orion Portfolio Solutions LLC, Chicago Partners Investment Group LLC, and Integrated Wealth Concepts LLC, also increased their stake in the pipeline company’s stock. Insider Transactions revealed CAO Julie H. Boushka sold 2,000 shares at $90.00. Director Charles R. Crisp also sold 3,000 shares at $85.01. Targa Resources stock remained flat at $83.23. Analysts forecast Targa Resources will post 5.01 earnings per share for the current fiscal year. A consensus of leading analysts rates Targa Resources as a “Buy” with a consensus price target of $104.09. Targa Resources (Free Report) is a domestic midstream infrastructure assets operator in North America. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on. Targa Resources currently has a “Buy” rating, but other stocks may be better buys.
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