The Manufacturers Life Insurance Company Purchases Shares of 161,433 Old Market Capital Corporation $OMCC

The Manufacturers Life Insurance Company purchased a new position in shares of Old Market Capital Corporation (NASDAQ:OMCC) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 161,433 shares of the company’s stock, valued at approximately $6,606,000.

A number of other large investors also recently modified their holdings of OMCC. Sandia Investment Management LP lifted its stake in shares of Old Market Capital by 13.0% in the 4th quarter. Sandia Investment Management LP now owns 40,491 shares of the company’s stock valued at $210,000 after purchasing an additional 4,649 shares in the last quarter. Diversify Advisory Services LLC acquired a new stake in Old Market Capital during the 2nd quarter worth approximately $203,000. Northwestern Mutual Wealth Management Co. purchased a new position in Old Market Capital in the second quarter valued at approximately $201,000. Meiji Yasuda Asset Management Co Ltd. acquired a new position in Old Market Capital during the second quarter valued at approximately $210,000. Finally, GSA Capital Partners LLP purchased a new stake in Old Market Capital during the second quarter worth approximately $263,000. 39.87% of the stock is currently owned by hedge funds and other institutional investors.

Old Market Capital Price Performance

Old Market Capital stock opened at $4.50 on Monday. Old Market Capital Corporation has a 52-week low of $2.72 and a 52-week high of $5.99. The firm has a fifty day moving average of $4.28 and a 200-day moving average of $4.35. The firm has a market capitalization of $31.09 million, a P/E ratio of -14.52 and a beta of 0.83. The company has a quick ratio of 4.31, a current ratio of 4.55 and a debt-to-equity ratio of 0.06.

Old Market Capital Company Profile

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.