Quilter Plc Has $18.25 Million Stock Holdings in Ferguson plc $FERG

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Quilter Plc reduced its holdings in Ferguson plc (NYSE:FERG) by 11.5% in the fourth quarter, selling 10,633 shares and retaining 81,986 shares valued at $18.25 million. Other institutional investors also adjusted their positions in Ferguson, which saw its stock open at $235.42 and announce a quarterly dividend of $0.89. Analysts currently rate the stock as a “Moderate Buy” with an average price target of $268.93, despite the company missing earnings estimates in its last report.

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