Numina Capital Management LLC Upped Its Stake in Hrg Group INC (HRG) by $8.36 Million as Market Valuation Declined

May 18, 2018 - By Winifred Garcia

Numina Capital Management Llc increased its stake in Hrg Group Inc (HRG) by 8.3% based on its latest 2017Q4 regulatory filing with the SEC. Numina Capital Management Llc bought 522,524 shares as the company’s stock declined 17.45% with the market. The institutional investor held 6.82 million shares of the miscellaneous company at the end of 2017Q4, valued at $115.59M, up from 6.30M at the end of the previous reported quarter. Numina Capital Management Llc who had been investing in Hrg Group Inc for a number of months, seems to be bullish on the $2.43B market cap company. The stock decreased 3.86% or $0.48 during the last trading session, reaching $11.97. About 365,429 shares traded. HRG Group, Inc. (NYSE:HRG) has declined 24.44% since May 18, 2017 and is downtrending. It has underperformed by 35.99% the S&P500.

Numina Capital Management Llc, which manages about $258.10 million and $639.39M US Long portfolio, decreased its stake in Equity Comwlth (NYSE:EQC) by 393,389 shares to 99,766 shares, valued at $3.04M in 2017Q4, according to the filing.

HRG Group, Inc. (NYSE:HRG) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.