Senvest Management LLC Has $25.22 Million Stock Holdings in Manchester United plc (NYSE:MANU)

Senvest Management LLC lessened its stake in shares of Manchester United plc (NYSE:MANU - Free Report) by 5.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,558,392 shares of the company's stock after selling 94,880 shares during the quarter. Manchester United accounts for about 0.9% of Senvest Management LLC's investment portfolio, making the stock its 27th largest position. Senvest Management LLC owned 0.92% of Manchester United worth $25,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of MANU. BNP Paribas Financial Markets grew its stake in Manchester United by 912.0% during the first quarter. BNP Paribas Financial Markets now owns 2,277 shares of the company's stock worth $32,000 after buying an additional 2,052 shares during the last quarter. Emfo LLC acquired a new position in shares of Manchester United in the 2nd quarter worth approximately $50,000. Dnca Finance bought a new stake in Manchester United during the 2nd quarter worth approximately $53,000. Nkcfo LLC acquired a new stake in Manchester United during the 2nd quarter valued at $113,000. Finally, Garner Asset Management Corp bought a new position in Manchester United in the 1st quarter valued at $153,000. Institutional investors and hedge funds own 23.34% of the company's stock.

Manchester United Price Performance

Manchester United stock traded up $0.04 on Friday, reaching $17.50. The company's stock had a trading volume of 282,692 shares, compared to its average volume of 275,251. Manchester United plc has a twelve month low of $13.50 and a twelve month high of $22.00. The company has a market cap of $2.96 billion, a price-to-earnings ratio of -20.11 and a beta of 0.69. The company has a debt-to-equity ratio of 3.53, a quick ratio of 0.35 and a current ratio of 0.36. The business's fifty day moving average price is $16.55 and its 200 day moving average price is $16.65.

Manchester United (NYSE:MANU - Get Free Report) last issued its quarterly earnings results on Wednesday, September 11th. The company reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.02. Manchester United had a negative net margin of 17.28% and a negative return on equity of 55.05%. The business had revenue of $179.43 million for the quarter, compared to the consensus estimate of $180.82 million. Equities analysts expect that Manchester United plc will post -0.74 earnings per share for the current fiscal year.

About Manchester United

Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. It operates Manchester United Football Club, a professional football club. The company develops marketing and sponsorship relationships with international and regional companies to leverage its brand.