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Danske Bank A S Sells 59,373 Shares of Coterra Energy Inc. $CTRA
Danske Bank A/S significantly reduced its stake in Coterra Energy Inc. by 49.7% in the fourth quarter, selling 59,373 shares and retaining 60,042 shares valued at approximately $1.58 million. This comes as Coterra Energy recently announced a quarterly dividend of $0.22 per share, and the stock is largely rated a “Moderate Buy” by analysts, with several firms raising their price targets. Institutional investors own 87.92% of the company’s stock.