Ameritas Investment Partners Inc. continued to hold its position in shares of HRG Group, Inc. (NYSE:HRG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,248 shares of the company’s stock at the close of the second quarter. Ameritas Investment Partners Inc.’s holdings in HRG Group were worth $181,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its position 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 purchasing an additional 1,074,404 shares during the last quarter. Three Peaks Capital Management LLC bought a new position in HRG Group in the second quarter valued at about $5,257,000. Russell Investments Group Ltd. raised its position in HRG Group by 1,359.0% in the second quarter. Russell Investments Group Ltd. now owns 336,465 shares of the company’s stock valued at $5,958,000 after purchasing an additional 313,404 shares during the last quarter. Breton Hill Capital Ltd. raised its position in HRG Group by 42.1% in the second quarter. Breton Hill Capital Ltd. now owns 36,968 shares of the company’s stock valued at $655,000 after purchasing an additional 10,945 shares during the last quarter. Finally, BlueMountain Capital Management LLC bought a new position in HRG Group in the second quarter valued at about $1,209,000. Hedge funds and other institutional investors own 95.50% of the company’s stock.
Separately, BidaskClub downgraded HRG Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th.
HRG Group (NYSE:HRG) last released its earnings results on Friday, August 4th. The company reported ($0.01) earnings per share for the quarter. HRG Group had a net margin of 2.49% and a negative return on equity of 5.34%. The company had revenue of $1.30 billion during the quarter.
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HRG Group 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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