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Aberdeen Group plc Purchases 5,443 Shares of Targa Resources, Inc. $TRGP
Aberdeen Group plc increased its stake in Targa Resources, Inc. by 3.5% in the fourth quarter, acquiring an additional 5,443 shares to own a total of 161,156 shares valued at approximately $29.73 million. While institutional investors collectively own 92.13% of the company, corporate insiders have recently sold 104,929 shares worth $24.69 million. Analysts maintain a “Moderate Buy” consensus rating with a target price of $252.57, and Targa Resources currently pays a $4.00 annual dividend.