Callodine Capital Management LP Buys Shares of 56,307 Ovintiv Inc. $OVV

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Callodine Capital Management LP initiated a new position in Ovintiv Inc. (NYSE:OVV) during the third quarter, purchasing 56,307 shares valued at approximately $2.27 million. Other institutional investors like Adage Capital Partners GP L.L.C., Dimensional Fund Advisors LP, Evergreen Capital Management LLC, Qube Research & Technologies Ltd, and Arrowstreet Capital Limited Partnership also adjusted their holdings in Ovintiv. The company recently announced a quarterly dividend of $0.30 per share, payable on March 31st, and has received “Moderate Buy” consensus rating from analysts with an average target price of $53.53.

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