XTX Topco Ltd acquired a new position in Manchester United plc (NYSE:MANU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 28,402 shares of the company's stock, valued at approximately $493,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of Manchester United by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 59,335 shares of the company's stock valued at $960,000 after purchasing an additional 16,991 shares during the last quarter. Miracle Mile Advisors LLC raised its holdings in Manchester United by 15.8% during the 4th quarter. Miracle Mile Advisors LLC now owns 16,900 shares of the company's stock worth $293,000 after buying an additional 2,300 shares during the period. Krilogy Financial LLC purchased a new stake in Manchester United during the fourth quarter valued at about $208,000. Blue Trust Inc. boosted its holdings in shares of Manchester United by 186.9% in the fourth quarter. Blue Trust Inc. now owns 4,232 shares of the company's stock worth $68,000 after buying an additional 2,757 shares during the period. Finally, R Squared Ltd purchased a new position in shares of Manchester United in the fourth quarter worth approximately $130,000. 23.34% of the stock is owned by institutional investors and hedge funds.
Manchester United Stock Performance
Manchester United stock traded down $0.10 during trading hours on Thursday, reaching $13.95. 102,393 shares of the company were exchanged, compared to its average volume of 294,290. Manchester United plc has a 12 month low of $12.05 and a 12 month high of $18.42. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of -13.68 and a beta of 0.64. The company has a current ratio of 0.41, a quick ratio of 0.35 and a debt-to-equity ratio of 2.62. The stock has a 50-day moving average of $13.82 and a 200 day moving average of $15.69.
Manchester United (NYSE:MANU - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.02. Manchester United had a negative net margin of 21.46% and a negative return on equity of 44.76%. The firm had revenue of $254.62 million for the quarter, compared to the consensus estimate of $248.15 million. As a group, research analysts anticipate that Manchester United plc will post -0.74 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Manchester United to a "sell" rating in a research report on Tuesday, January 21st.
View Our Latest Analysis on Manchester United
About Manchester United
(
Free Report)
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.
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