Barclays PLC Raises Holdings in Allegion PLC $ALLE

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Barclays PLC significantly increased its stake in Allegion PLC (NYSE:ALLE) by 67.2% during the third quarter, bringing its total ownership to 431,741 shares valued at $76.57 million. Other institutional investors also adjusted their holdings in Allegion, while insider activity showed a director selling shares. Analysts currently have a “Hold” rating on the stock with an average price target of $175.00, and Allegion recently announced an increase in its quarterly dividend.

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