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Viking Fund Management LLC Has $5.72 Million Stake in Targa Resources, Inc. $TRGP
Viking Fund Management LLC increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 24.0% in Q4, acquiring an additional 6,000 shares to own a total of 31,000 shares valued at $5.72 million. Analysts are largely bullish on TRGP, with a “Moderate Buy” consensus rating and an average price target of $252.57, despite recent insider selling of over 100,000 shares. The company recently declared a quarterly dividend of $1.00 per share.