The Manufacturers Life Insurance Company Purchases 74,241 Shares of Targa Resources, Inc. $TRGP
MarketBeat
The Manufacturers Life Insurance Company increased its stake in Targa Resources (NYSE:TRGP) by 24.7% in Q2, acquiring 74,241 additional shares to own a total of 374,589 shares worth approximately $100.4 million. This move is part of broader institutional interest, with 92.13% of the company owned by institutional investors. Targa Resources reported strong quarterly EPS of $3.54, exceeding expectations, and maintains a quarterly dividend of $1.25.
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