HRG Group Inc (HRG) Stake Lowered by Neuberger Berman Group LLC

Neuberger Berman Group LLC trimmed its position in shares of HRG Group Inc (NYSE:HRG) by 31.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,424,758 shares of the company’s stock after selling 640,245 shares during the period. Neuberger Berman Group LLC owned 0.71% of HRG Group worth $22,240,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in HRG. Cubist Systematic Strategies LLC increased its holdings in HRG Group by 458.0% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 94,027 shares of the company’s stock valued at $1,468,000 after acquiring an additional 77,177 shares during the last quarter. Pacific Grove Capital LP bought a new stake in shares of HRG Group in the 3rd quarter worth about $1,501,000. Allianz Asset Management GmbH increased its holdings in shares of HRG Group by 39.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 119,123 shares of the company’s stock worth $1,860,000 after buying an additional 33,588 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of HRG Group by 7.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,008,528 shares of the company’s stock worth $46,962,000 after buying an additional 217,490 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its holdings in shares of HRG Group by 23.0% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 1,551,993 shares of the company’s stock worth $24,227,000 after buying an additional 290,161 shares during the last quarter. Hedge funds and other institutional investors own 95.41% of the company’s stock.

Shares of HRG Group Inc (NYSE:HRG) opened at $17.42 on Friday. HRG Group Inc has a fifty-two week low of $14.22 and a fifty-two week high of $20.17. The firm has a market cap of $3,512.94, a PE ratio of 32.87 and a beta of 1.38.

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About HRG Group

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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Institutional Ownership by Quarter for HRG Group (NYSE:HRG)

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