RB Global Stock Is Down From Recent Highs, but One Big Investor Just Jumped In

On Tuesday, Montreal-based Jarislowsky Fraser disclosed a new position in RB Global (NYSE:RBA), acquiring about 1.8 million shares for an estimated $195.6 million.According to a filing with the U.S. Securities and Exchange Commission released Tuesday, Jarislowsky Fraser Ltd disclosed a new stake in RB Global, purchasing approximately about 1.8 million shares during the third quarter. The estimated transaction value, based on the quarter’s average price, was $195.6 million. The fund did not report a position in the previous quarter.This was a new position for the fund, now representing 1.12% of its 13F reportable assets under management as of September 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool