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Hillsdale Investment Management Inc. Increases Stock Position in Gildan Activewear, Inc. $GIL
Hillsdale Investment Management Inc. significantly increased its stake in Gildan Activewear, Inc. (NYSE:GIL) by 41.4% in the third quarter, now owning 213,620 shares valued at approximately $12.34 million. The textile manufacturer also saw increased investment from other large institutions and maintains a “Moderate Buy” consensus rating from analysts, with an average price target of $79. Gildan Activewear’s stock has a market capitalization of $13.23 billion and a current PE ratio of 22.82.