Thales S.A. – Depositary Receipt () (OTCPK:THLLY) has been the subject of increased speculation, with the average one-year price target rising to 49.86/share. This marks a 6.14% surge from the previous projection of 46.97, as of January 18, 2024.
Market analysts have collectively contributed to this revised price target, showcasing a range of estimates, from a low of 8.23 to a high of 82.47/share. Notably, the average target indicates a substantial 71.95% upsurge from the most recent closing price reported at 28.99/share.
Fund Sentiment Analysis
Investment funds and institutions have been actively aligning their positions concerning Thales S.A. – Depositary Receipt (). Presently, there are 9 financial entities disclosing their holdings, reflecting a modest decrease of 3 owners, equivalent to a 25.00% decline within the last quarter.
Overall, the average portfolio weight dedicated to THLLY by all funds stands at 0.22%, demonstrating a noteworthy increase of 26.05%. Notwithstanding, the total shares owned by institutions witnessed a decline in the past three months, diminishing by 10.39% to 821K shares.
Shareholder Activities
Todd Asset Management reported a holding of 720K THLLY shares in its latest filing. Comparatively, the firm’s previous report listed ownership of 738K shares, indicating a reduction of 2.55%. Furthermore, Todd Asset Management scaled down its portfolio allocation in THLLY by 31.63% over the last quarter.
On the other hand, TPIAX – Timothy Plan International Fund boosted its THLLY stake to 65K shares from 58K, reflecting an increase of 10.77%. This move led to a 6.67% rise in the firm’s portfolio allocation in THLLY over the previous quarter.
Lazard Retirement Global Dynamic Multi-Asset Portfolio Investor Shares, part of LAZARD RETIREMENT SERIES INC, augmented its THLLY holding to 22K shares from 18K, marking an 18.42% surge. This translated to a 24.51% increment in the fund’s portfolio allocation in THLLY over the last quarter.
Meanwhile, Rhumbline Advisers reported 12K shares of THLLY in both the previous and latest filings, denoting a marginal decrease of 0.60%. The firm decreased its THLLY portfolio allocation by 5.52% quarter-over-quarter.
GDMIX – Lazard Global Dynamic Multi-Asset Portfolio Institutional Shares upped its THLLY holding to 1K shares from 1K, showcasing an increase of 19.92%. This adjustment resulted in a 26.29% rise in the firm’s portfolio allocation in THLLY within the last quarter.
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