Shares of HRG Group Inc (NYSE:HRG) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Zacks has also assigned HRG Group an industry rank of 203 out of 265 based on the ratings given to related companies.

Institutional investors have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership raised its stake in HRG Group by 98.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,165,394 shares of the company’s stock valued at $38,349,000 after buying an additional 1,074,404 shares in the last quarter. Dupont Capital Management Corp acquired a new stake in HRG Group in the third quarter valued at $2,112,000. Goldman Sachs Group Inc. raised its stake in HRG Group by 186.7% in the second quarter. Goldman Sachs Group Inc. now owns 393,674 shares of the company’s stock valued at $6,972,000 after buying an additional 256,348 shares in the last quarter. Vanguard Group Inc. raised its stake in HRG Group by 13.8% in the second quarter. Vanguard Group Inc. now owns 12,943,044 shares of the company’s stock valued at $229,221,000 after buying an additional 1,566,284 shares in the last quarter. Finally, Alpine Global Management LLC increased its position in shares of HRG Group by 16.7% during the second quarter. Alpine Global Management LLC now owns 175,000 shares of the company’s stock worth $3,099,000 after purchasing an additional 25,000 shares in the last quarter. Institutional investors own 95.41% of the company’s stock.

HRG Group (HRG) traded up $1.34 during trading on Thursday, reaching $17.92. The company’s stock had a trading volume of 3,032,100 shares, compared to its average volume of 2,321,850. HRG Group has a one year low of $14.22 and a one year high of $20.17. The firm has a market capitalization of $3,326.36, a PE ratio of 33.81 and a beta of 1.38.

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HRG Group Company 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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