LSV Asset Management has reduced its stake in Truist Financial Corporation, selling 56,400 shares and now owning 1,102,800 shares valued at $50.42 million. Other institutional investors have also adjusted their positions in the company. Truist Financial recently announced a quarterly dividend of $0.52 per share and a $10 billion stock buyback plan, while its stock has a 50-day moving average of $50.86 and a 200-day moving average of $46.99.
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LSV Asset Management Sells 56,400 Shares of Truist Financial Corporation $TFC
LSV Asset Management has reduced its stake in Truist Financial Corporation, selling 56,400 shares and now owning 1,102,800 shares valued at $50.42 million. Other institutional investors have also adjusted their positions in the company. Truist Financial recently announced a quarterly dividend of $0.52 per share and a $10 billion stock buyback plan, while its stock has a 50-day moving average of $50.86 and a 200-day moving average of $46.99.