Pacific Grove Capital LP Takes $1.50 Million Position in HRG Group Inc (HRG)

Pacific Grove Capital LP bought a new stake in HRG Group Inc (NYSE:HRG) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 96,170 shares of the company’s stock, valued at approximately $1,501,000.

Other large investors have also made changes to their positions in the company. Allianz Asset Management GmbH increased its position in HRG Group by 39.3% in the third quarter. Allianz Asset Management GmbH now owns 119,123 shares of the company’s stock worth $1,860,000 after purchasing an additional 33,588 shares during the period. Dimensional Fund Advisors LP increased its position in HRG Group by 7.8% in the third quarter. Dimensional Fund Advisors LP now owns 3,008,528 shares of the company’s stock worth $46,962,000 after purchasing an additional 217,490 shares during the period. Schwab Charles Investment Management Inc. increased its position in HRG Group by 23.0% in the third quarter. Schwab Charles Investment Management Inc. now owns 1,551,993 shares of the company’s stock worth $24,227,000 after purchasing an additional 290,161 shares during the period. Wells Fargo & Company MN increased its position in HRG Group by 40.3% in the third quarter. Wells Fargo & Company MN now owns 2,594,076 shares of the company’s stock worth $40,492,000 after purchasing an additional 744,758 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in HRG Group in the third quarter worth about $1,689,000. Institutional investors own 95.41% of the company’s stock.

Shares of HRG Group Inc (HRG) traded down $0.37 on Tuesday, reaching $16.58. The company’s stock had a trading volume of 1,610,161 shares, compared to its average volume of 1,270,350. HRG Group Inc has a 12-month low of $14.22 and a 12-month high of $20.17. The company has a market capitalization of $3,400.59, a PE ratio of 31.28 and a beta of 1.38.

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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.

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

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