TD Asset Management Inc. significantly reduced its stake in Cintas Corporation (NASDAQ: CTAS) by selling 314,716 shares, decreasing its position by 42.8% during the third quarter. Despite this, other institutional investors like Norges Bank and Vanguard Group Inc. increased their holdings in Cintas. The company has a “Hold” consensus rating from analysts with an average price target of $218.17, and recently announced a quarterly dividend of $0.45 per share.
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.
TD Asset Management Inc Sells 314,716 Shares of Cintas Corporation $CTAS
TD Asset Management Inc. significantly reduced its stake in Cintas Corporation (NASDAQ: CTAS) by selling 314,716 shares, decreasing its position by 42.8% during the third quarter. Despite this, other institutional investors like Norges Bank and Vanguard Group Inc. increased their holdings in Cintas. The company has a “Hold” consensus rating from analysts with an average price target of $218.17, and recently announced a quarterly dividend of $0.45 per share.