Fintel reports that on April 18, 2023, BELL POTTER SECURITIES downgraded their outlook for Technology One (ASX:TNE) from Buy to Hold .
What are Other Shareholders Doing?
DFAI - Dimensional International Core Equity Market ETF holds 35K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 27K shares, representing an increase of 23.43%. The firm increased its portfolio allocation in TNE by 28.01% over the last quarter.
IDEV - iShares Core MSCI International Developed Markets ETF holds 139K shares representing 0.04% ownership of the company. No change in the last quarter.
VPACX - Vanguard Pacific Stock Index Fund Investor Shares holds 335K shares representing 0.10% ownership of the company. In it's prior filing, the firm reported owning 337K shares, representing a decrease of 0.71%. The firm increased its portfolio allocation in TNE by 11.49% over the last quarter.
DIHRX - International High Relative Profitability Portfolio Institutional Class holds 61K shares representing 0.02% ownership of the company. No change in the last quarter.
QCSTRX - Stock Account Class R1 holds 298K shares representing 0.09% ownership of the company. In it's prior filing, the firm reported owning 355K shares, representing a decrease of 19.09%. The firm increased its portfolio allocation in TNE by 2.43% over the last quarter.
What is the Fund Sentiment?
There are 85 funds or institutions reporting positions in Technology One. This is an increase of 7 owner(s) or 8.97% in the last quarter. Average portfolio weight of all funds dedicated to TNE is 0.21%, an increase of 29.73%. Total shares owned by institutions decreased in the last three months by 1.87% to 24,851K shares.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
