Healthcare of Ontario Pension Plan Trust Fund Makes New Investment in Tritium DCFC Limited (NASDAQ:DCFC)

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Tritium DCFC Limited (NASDAQ:DCFCGet Rating) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 265,700 shares of the company’s stock, valued at approximately $2,668,000. Healthcare of Ontario Pension Plan Trust Fund owned about 0.20% of Tritium DCFC as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of DCFC. Raymond James & Associates purchased a new stake in shares of Tritium DCFC in the first quarter valued at about $524,000. JPMorgan Chase & Co. purchased a new stake in shares of Tritium DCFC in the first quarter valued at about $189,000. Advisor Group Holdings Inc. purchased a new stake in shares of Tritium DCFC in the first quarter valued at about $30,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Tritium DCFC in the first quarter valued at about $132,000. 21.56% of the stock is owned by hedge funds and other institutional investors.

Tritium DCFC Trading Down 4.3 %

Shares of NASDAQ DCFC opened at $6.60 on Tuesday. Tritium DCFC Limited has a 52 week low of $5.43 and a 52 week high of $19.75. The firm has a 50-day moving average price of $6.64 and a 200 day moving average price of $7.72.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on DCFC shares. Capital One Financial started coverage on shares of Tritium DCFC in a report on Friday, May 13th. They issued an “overweight” rating and a $14.00 target price on the stock. B. Riley began coverage on shares of Tritium DCFC in a report on Friday, June 17th. They issued a “buy” rating and a $12.00 target price on the stock. Finally, Raymond James reduced their price objective on shares of Tritium DCFC from $11.00 to $9.00 and set an “outperform” rating for the company in a research note on Tuesday, July 12th.

Tritium DCFC Profile

(Get Rating)

Tritium DCFC Limited designs, manufactures, and supplies direct current chargers for electric vehicles in the United States, North America, Europe, the Middle East, and the Asia Pacific. The company's charging station hardware portfolio includes various standalone chargers, such as 50, 75, 175, and 350-kilowatt chargers.

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Institutional Ownership by Quarter for Tritium DCFC (NASDAQ:DCFC)

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