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Nykredit A S buys $1.96M stake in Tencent Music Entertainment ADR

Tencent Music Entertainment logoTencent Music Entertainment
Sig1.35Sen+1.20Env0.00Soc0.00Gov0.00

Nykredit A S bought a new stake in Tencent Music Entertainment Group Sponsored ADR in the second quarter, while AQR Capital Management and other asset managers increased their positions earlier in the year. The company reported quarterly earnings of $0.25 per share. Shares traded up slightly, and analyst ratings included an upgrade from strong sell to hold.

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