Vanguard Group Inc. raised its stake in SPDR MSCI Europe Energy UCITS ETF (NYSE:STN) (TSE:STN) by 5.8% during the first quarter, Holdings Channel reports. The institutional investor owned 2,039,743 shares of the business services provider’s stock after buying an additional 111,310 shares during the period. Vanguard Group Inc.’s holdings in SPDR MSCI Europe Energy UCITS ETF were worth $52,830,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Massachusetts Financial Services Co. MA increased its stake in SPDR MSCI Europe Energy UCITS ETF by 18.8% in the first quarter. Massachusetts Financial Services Co. MA now owns 956,715 shares of the business services provider’s stock valued at $24,779,000 after buying an additional 151,257 shares during the period. FMR LLC increased its stake in SPDR MSCI Europe Energy UCITS ETF by 44.2% in the first quarter. FMR LLC now owns 6,965,250 shares of the business services provider’s stock valued at $180,751,000 after buying an additional 2,136,100 shares during the period. Tobam increased its stake in SPDR MSCI Europe Energy UCITS ETF by 66.3% in the first quarter. Tobam now owns 46,400 shares of the business services provider’s stock valued at $1,201,000 after buying an additional 18,500 shares during the period. AGF Investments Inc. increased its stake in SPDR MSCI Europe Energy UCITS ETF by 9.4% in the first quarter. AGF Investments Inc. now owns 676,287 shares of the business services provider’s stock valued at $17,529,000 after buying an additional 58,124 shares during the period. Finally, State of Wisconsin Investment Board purchased a new stake in SPDR MSCI Europe Energy UCITS ETF during the first quarter valued at about $342,000. Institutional investors own 57.33% of the company’s stock.

Shares of SPDR MSCI Europe Energy UCITS ETF (NYSE STN) opened at 27.15 on Thursday. SPDR MSCI Europe Energy UCITS ETF has a 1-year low of $21.50 and a 1-year high of $28.05. The company has a market capitalization of $3.10 billion, a P/E ratio of 91.11 and a beta of 1.62. The company has a 50-day moving average price of $25.18 and a 200 day moving average price of $25.33.

The company also recently announced a quarterly dividend, which was paid on Thursday, July 13th. Shareholders of record on Friday, June 30th were given a $0.0913 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend was Wednesday, June 28th. SPDR MSCI Europe Energy UCITS ETF’s dividend payout ratio is currently 123.33%.

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Several analysts recently issued reports on the company. BidaskClub downgraded SPDR MSCI Europe Energy UCITS ETF from a “hold” rating to a “sell” rating in a research note on Wednesday. Zacks Investment Research downgraded SPDR MSCI Europe Energy UCITS ETF from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, Desjardins upgraded SPDR MSCI Europe Energy UCITS ETF from a “hold” rating to a “buy” rating in a research note on Friday, May 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $32.33.

SPDR MSCI Europe Energy UCITS ETF Company Profile

Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.

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Institutional Ownership by Quarter for SPDR MSCI Europe Energy UCITS ETF (NYSE:STN)

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