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Algonquin Power & Utilities Corp. $AQN Shares Sold by Cidel Asset Management Inc.
Cidel Asset Management Inc. significantly reduced its stake in Algonquin Power & Utilities Corp. (NYSE:AQN) by 23.5% in the fourth quarter, selling 765,774 shares. Despite this, other institutional investors like Public Sector Pension Investment Board, SG Americas Securities LLC, and Vanguard Personalized Indexing Management LLC increased their positions. The article also details AQN’s recent financial performance, dividend announcement, and mixed analyst ratings, with the stock currently holding a consensus “Hold” rating.