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Raymond James Financial, Inc. $RJF Shares Sold by Mercer Global Advisors Inc. ADV
Mercer Global Advisors Inc. ADV reduced its stake in Raymond James Financial, Inc. (NYSE:RJF) by 14.5% during the third quarter, selling 151,732 shares and now owning 897,019 shares valued at $154.8 million. Other institutional investors also adjusted their positions in RJF. Analyst ratings for Raymond James Financial vary, with an average “Hold” rating and a target price of $182.17.