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Mirae Asset Global Investments Co. Ltd. Has $11.11 Million Stock Position in Truist Financial Corporation $TFC
Mirae Asset Global Investments Co. Ltd. has significantly increased its stake in Truist Financial Corporation (TFC) by 21.5%, now holding 225,702 shares valued at approximately $11.11 million. This increase follows Truist’s better-than-expected quarterly earnings, with an EPS of $1.09 and revenue of $5.20 billion, surpassing analyst estimates. The stock currently holds a consensus “Moderate Buy” rating from analysts with a target price of $55.03 and offers a dividend yield of about 4.1%.