CI Investments Inc. Acquires 22,554 Shares of Manchester United Ltd. $MANU

CI Investments Inc. lifted its holdings in Manchester United Ltd. (NYSE:MANU) by 5.7% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 420,282 shares of the company’s stock after acquiring an additional 22,554 shares during the quarter. CI Investments Inc. owned 0.24% of Manchester United worth $7,069,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in MANU. Royal Bank of Canada raised its position in Manchester United by 65.0% in the 1st quarter. Royal Bank of Canada now owns 77,687 shares of the company’s stock worth $1,017,000 after purchasing an additional 30,604 shares during the period. Jane Street Group LLC boosted its position in Manchester United by 156.3% during the first quarter. Jane Street Group LLC now owns 28,558 shares of the company’s stock valued at $374,000 after buying an additional 79,290 shares during the period. JPMorgan Chase & Co. boosted its position in Manchester United by 10.8% during the second quarter. JPMorgan Chase & Co. now owns 207,731 shares of the company’s stock valued at $3,700,000 after buying an additional 20,251 shares during the period. Quantbot Technologies LP grew its stake in shares of Manchester United by 105.3% during the second quarter. Quantbot Technologies LP now owns 6,380 shares of the company’s stock valued at $114,000 after buying an additional 3,273 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Manchester United by 48.9% during the second quarter. Marshall Wace LLP now owns 283,574 shares of the company’s stock valued at $5,050,000 after buying an additional 93,111 shares during the last quarter. Hedge funds and other institutional investors own 23.34% of the company’s stock.

Manchester United Price Performance

Shares of Manchester United stock opened at $22.34 on Friday. The company’s fifty day simple moving average is $21.87 and its two-hundred day simple moving average is $18.94. Manchester United Ltd. has a 12-month low of $14.59 and a 12-month high of $24.22. The firm has a market cap of $3.85 billion, a PE ratio of -159.55 and a beta of 0.60. The company has a quick ratio of 0.35, a current ratio of 0.37 and a debt-to-equity ratio of 2.73.

Manchester United (NYSE:MANU) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.10. The firm had revenue of $250.96 million during the quarter, compared to the consensus estimate of $220.94 million. Manchester United had a negative net margin of 2.67% and a positive return on equity of 0.64%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings raised Manchester United from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 15th. Wall Street Zen upgraded Manchester United from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Manchester United presently has a consensus rating of “Sell”.

Key Manchester United News

Here are the key news stories impacting Manchester United this week:

• Positive Sentiment: Multiple reports say Manchester United have reached an agreement with Manu Kone on personal terms, and some outlets describe the club as being in pole position to land the AS Roma midfielder. Manchester United agree personal terms with Roma midfielder Manu Kone
• Positive Sentiment: Additional stories suggest United are closing in on a transfer agreement, reinforcing expectations that the club may soon complete a high-profile midfield addition. Man United are closing in on transfer after key agreement with €60m target
• Neutral Sentiment: Reports also mention other midfield targets, including links to Aurelien Tchouameni, Zaire-Emery, and additional options, suggesting United are still actively shaping their squad plans. Man Utd transfer news LIVE: Tchouameni EXCLUSIVE, Red Devils ‘prepare’ Zaire-Emery offer, United ‘lead’ Manu Kone race
• Neutral Sentiment: Competitors such as Al-Ahli and Al-Hilal are reportedly interested in Kone, which adds uncertainty but does not yet change the overall transfer narrative. Al-Hilal in direct contact with Roma for Manchester United target Kone

About Manchester United

Manchester United plc is a global sports and entertainment company best known for its ownership and operation of Manchester United Football Club, one of the most prominent professional football clubs in the world. The company’s core activities include the organization and promotion of competitive football matches, management of club facilities such as Old Trafford stadium, and the development of youth and academy programs. As a publicly traded entity on the New York Stock Exchange (NYSE: MANU), Manchester United plc leverages its status to expand commercial partnerships and broaden its international footprint.

The company’s revenue streams are diversified across matchday operations, broadcast rights, commercial partnerships, and licensing and merchandising.