Asset Management One Co. Ltd. purchased a new position in shares of HRG Group (NYSE:HRG) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 18,530 shares of the company’s stock, valued at approximately $306,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of HRG. Fort Baker Capital Management LP bought a new position in HRG Group during the 4th quarter worth approximately $48,371,000. Wells Fargo & Company MN grew its position in HRG Group by 59.0% during the 1st quarter. Wells Fargo & Company MN now owns 4,178,504 shares of the company’s stock worth $68,902,000 after acquiring an additional 1,551,160 shares during the last quarter. Keeley Teton Advisors LLC bought a new position in HRG Group during the 4th quarter worth approximately $14,977,000. Citigroup Inc. grew its position in HRG Group by 1,494.7% during the 1st quarter. Citigroup Inc. now owns 832,038 shares of the company’s stock worth $13,720,000 after acquiring an additional 779,862 shares during the last quarter. Finally, Hsbc Holdings PLC grew its position in HRG Group by 2,913.6% during the 1st quarter. Hsbc Holdings PLC now owns 691,202 shares of the company’s stock worth $11,398,000 after acquiring an additional 668,266 shares during the last quarter. Institutional investors and hedge funds own 93.35% of the company’s stock.
HRG Group opened at $13.30 on Friday, according to Marketbeat. The company has a debt-to-equity ratio of 3.91, a quick ratio of 2.61 and a current ratio of 3.11. HRG Group has a 1 year low of $9.42 and a 1 year high of $19.19.
HRG Group (NYSE:HRG) last posted its quarterly earnings results on Friday, May 4th. The company reported ($0.18) earnings per share (EPS) for the quarter. HRG Group had a negative return on equity of 7.35% and a net margin of 11.05%. The company had revenue of $766.10 million for the quarter.
Several equities analysts recently issued reports on the company. ValuEngine lowered HRG Group from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd. TheStreet lowered HRG Group from a “c” rating to a “d” rating in a research report on Tuesday, May 22nd.
HRG Group Profile
HRG Group, Inc, through its subsidiaries, provides various branded consumer products. It operates through two segments, Consumer Products; and Corporate and Other. Its product portfolio includes consumer batteries, such as alkaline and zinc carbon batteries, nickel metal hydride rechargeable batteries, battery chargers, battery-powered portable lighting products, hearing aid batteries, and other specialty battery products; small appliances comprising small kitchen appliances and home product appliances; and personal care products, such as electric shaving and grooming products, hair care appliances, and accessories.
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