Fintel reports that on January 28, 2025, Truist Securities initiated coverage of Albemarle Corporation - Preferred Stock (NYSE:ALB.PRA) with a Hold recommendation.
What is the Fund Sentiment?
There are 138 funds or institutions reporting positions in Albemarle Corporation - Preferred Stock. This is an increase of 10 owner(s) or 7.81% in the last quarter. Average portfolio weight of all funds dedicated to ALB.PRA is 0.52%, an increase of 8.26%. Total shares owned by institutions increased in the last three months by 5.61% to 69,233K shares.
What are Other Shareholders Doing?
Franklin Resources holds 8,586K shares. In its prior filing, the firm reported owning 8,318K shares , representing an increase of 3.12%. The firm decreased its portfolio allocation in ALB.PRA by 5.45% over the last quarter.
Capital World Investors holds 6,457K shares. In its prior filing, the firm reported owning 5,837K shares , representing an increase of 9.60%. The firm increased its portfolio allocation in ALB.PRA by 1.43% over the last quarter.
FKINX - Franklin Income Fund 1 holds 5,500K shares. No change in the last quarter.
Capital Research Global Investors holds 5,052K shares. In its prior filing, the firm reported owning 4,497K shares , representing an increase of 10.99%. The firm increased its portfolio allocation in ALB.PRA by 2.63% over the last quarter.
PFF - iShares Preferred and Income Securities ETF holds 4,393K shares. In its prior filing, the firm reported owning 4,377K shares , representing an increase of 0.38%. The firm decreased its portfolio allocation in ALB.PRA by 10.61% over the last quarter.
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