Schwab Charles Investment Management Inc. lowered its holdings in HRG Group Inc (NYSE:HRG) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,508,235 shares of the company’s stock after selling 43,758 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.75% of HRG Group worth $25,565,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its stake in shares of HRG Group by 3.0% in the second quarter. Public Employees Retirement System of Ohio now owns 6,805 shares of the company’s stock worth $121,000 after acquiring an additional 195 shares during the last quarter. Cutler Group LP increased its stake in shares of HRG Group by 30,870.2% in the fourth quarter. Cutler Group LP now owns 14,556 shares of the company’s stock worth $246,000 after acquiring an additional 14,509 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of HRG Group in the second quarter worth $295,000. LaSalle Street Capital Management LLC increased its stake in shares of HRG Group by 65.9% in the third quarter. LaSalle Street Capital Management LLC now owns 21,701 shares of the company’s stock worth $339,000 after acquiring an additional 8,624 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of HRG Group by 71.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 20,100 shares of the company’s stock worth $341,000 after acquiring an additional 8,400 shares during the last quarter. Institutional investors own 95.71% of the company’s stock.
HRG Group Inc (HRG) opened at $15.86 on Friday. HRG Group Inc has a one year low of $14.22 and a one year high of $20.17. The company has a quick ratio of 0.12, a current ratio of 2.19 and a debt-to-equity ratio of 3.00. The firm has a market cap of $3,180.00, a price-to-earnings ratio of -317.20 and a beta of 1.38.
HRG Group (NYSE:HRG) last posted its quarterly earnings results on Monday, November 20th. The company reported $0.05 earnings per share for the quarter. HRG Group had a net margin of 8.94% and a negative return on equity of 6.02%. The business had revenue of $1.32 billion for the quarter.
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HRG Group Profile
HRG Group, Inc is a holding company. The Company operates through two segments: Consumer Products and Insurance. The Consumer Products segment consists of the Company’s subsidiary, Spectrum Brands Holdings, Inc (Spectrum Brands). The Insurance segment includes its subsidiary, Front Street Re (Delaware) Ltd.
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