Penserra Capital Management LLC significantly reduced its stake in Quanta Services (NYSE:PWR) by 67.1% in Q3, selling 2,788 shares and retaining 1,369 shares valued at $566,000. Despite this, other smaller wealth managers modestly increased their positions, and 90.49% of Quanta’s stock is held by institutional investors. Analysts maintain a “Moderate Buy” consensus rating for Quanta Services with an average price target of $462.00.
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Penserra Capital Management LLC Decreases Stock Holdings in Quanta Services, Inc. $PWR
Penserra Capital Management LLC significantly reduced its stake in Quanta Services (NYSE:PWR) by 67.1% in Q3, selling 2,788 shares and retaining 1,369 shares valued at $566,000. Despite this, other smaller wealth managers modestly increased their positions, and 90.49% of Quanta’s stock is held by institutional investors. Analysts maintain a “Moderate Buy” consensus rating for Quanta Services with an average price target of $462.00.