FNY Partners Fund LP Has $106,000 Stake in HRG Group, Inc. (HRG)
FNY Partners Fund LP increased its holdings in shares of HRG Group, Inc. (NYSE:HRG) by 954.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,000 shares of the company’s stock after acquiring an additional 5,431 shares during the period. FNY Partners Fund LP’s holdings in HRG Group were worth $106,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in HRG Group by 9.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,116 shares of the company’s stock valued at $108,000 after buying an additional 503 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of HRG Group by 154.2% during the 2nd quarter. SG Americas Securities LLC now owns 16,155 shares of the company’s stock worth $286,000 after purchasing an additional 9,801 shares during the last quarter. Pacer Advisors Inc. lifted its position in shares of HRG Group by 4.1% during the 2nd quarter. Pacer Advisors Inc. now owns 23,022 shares of the company’s stock worth $408,000 after purchasing an additional 907 shares during the last quarter. Silver Capital Management LLC purchased a new stake in shares of HRG Group during the 2nd quarter worth $412,000. Finally, Principal Financial Group Inc. lifted its position in shares of HRG Group by 4.3% during the 2nd quarter. Principal Financial Group Inc. now owns 26,557 shares of the company’s stock worth $470,000 after purchasing an additional 1,088 shares during the last quarter. Hedge funds and other institutional investors own 94.35% of the company’s stock.
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Shares of HRG Group, Inc. (NYSE:HRG) opened at 15.41 on Thursday. HRG Group, Inc. has a 12 month low of $14.07 and a 12 month high of $20.17. The stock has a market capitalization of $3.09 billion, a PE ratio of 24.98 and a beta of 1.33. The company has a 50-day moving average of $15.89 and a 200-day moving average of $17.92.
HRG Group (NYSE:HRG) last announced its quarterly earnings results on Friday, August 4th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $1.30 billion during the quarter. HRG Group had a net margin of 2.49% and a negative return on equity of 5.34%. On average, equities research analysts expect that HRG Group, Inc. will post $0.78 EPS for the current fiscal year.
Separately, BidaskClub cut shares of HRG Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd.
About HRG Group
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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