Forex
Amundi Reduces Stake in West Fraser Timber Co. Ltd.
Amundi sold 32,316 shares of West Fraser Timber Co. Ltd., reducing its stake by 16.8% during the second quarter.
The firm now owns approximately 0.20% of West Fraser Timber's stock, valued at $10,810,000.
Other institutional investors and hedge funds also made changes to their positions in West Fraser Timber.
Price T Rowe Associates Inc. MD boosted its position by 28.6% during the 4th quarter, while Royal Bank of Canada raised its holdings by 10.3% during the 1st quarter.
Analysts have given West Fraser Timber a Hold rating and an average target price of $83.20.