$TPG

Franklin Resources Inc. has increased its stake in TPG Inc. (NASDAQ:TPG) by 18.9% in the third quarter, now owning 2,672,272 shares valued at approximately $153.5 million. Several other institutional investors also adjusted their positions in TPG, which currently holds a "Moderate Buy" consensus rating from analysts with an average price target of $66.80. TPG recently announced a dividend increase to $0.61 per quarter, up from $0.45, resulting in a 6.2% annualized yield.