HBK Investments L P lessened its holdings in HRG Group Inc (NYSE:HRG) by 43.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,395,118 shares of the company’s stock after selling 1,075,085 shares during the period. HBK Investments L P owned about 0.69% of HRG Group worth $23,647,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of HRG. Public Employees Retirement System of Ohio boosted its position 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 buying an additional 195 shares during the period. MANA Advisors LLC acquired a new stake in HRG Group during the fourth quarter valued at $175,000. Mizuho Securities USA LLC acquired a new stake in HRG Group during the fourth quarter valued at $178,000. Cutler Group LP boosted its position in HRG Group by 30,870.2% during the fourth quarter. Cutler Group LP now owns 14,556 shares of the company’s stock valued at $246,000 after purchasing an additional 14,509 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in HRG Group during the fourth quarter valued at $276,000. 95.47% of the stock is owned by institutional investors and hedge funds.
Shares of HRG Group Inc (NYSE:HRG) opened at $15.29 on Monday. The stock has a market capitalization of $3,086.18, a price-to-earnings ratio of 7.72 and a beta of 1.46. HRG Group Inc has a 12-month low of $14.22 and a 12-month high of $20.17. The company has a current ratio of 2.19, a quick ratio of 1.91 and a debt-to-equity ratio of 3.00.
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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