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Targa Resources, Inc. $TRGP Shares Sold by TD Asset Management Inc
TD Asset Management Inc. significantly reduced its stake in Targa Resources (TRGP) by 48.0% in Q3, selling over 317,000 shares. Despite this, Targa Resources has seen positive sentiment from analyst upgrades, a 25% dividend hike, and a Q4 EPS beat, although insider selling and a new $1.5 billion senior notes offering present mixed signals for investors. Institutional investors collectively hold a substantial 92.13% of the company’s stock.