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JPMorgan Chase & Co. Cuts Holdings in Enerflex Ltd. $EFXT
JPMorgan Chase & Co. reduced its stake in Enerflex Ltd. by 16.1% in the third quarter, selling 68,950 shares and retaining 359,434 shares valued at approximately $3.88 million. Enerflex recently announced a quarterly dividend of $0.0425, leading to an annualized dividend of $0.17 and a 0.8% yield. Analysts currently hold a “Moderate Buy” rating for Enerflex with a consensus price target of $14.63, despite the share price recently being $20.10.