Oxford Asset Management LLP Has $683,000 Stake in MDC Partners Inc (NASDAQ:MDCA)

Oxford Asset Management LLP boosted its stake in shares of MDC Partners Inc (NASDAQ:MDCA) by 29.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 245,560 shares of the business services provider’s stock after buying an additional 56,407 shares during the quarter. Oxford Asset Management LLP owned approximately 0.34% of MDC Partners worth $683,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. State Street Corp increased its position in MDC Partners by 1.5% in the 3rd quarter. State Street Corp now owns 937,385 shares of the business services provider’s stock valued at $2,643,000 after buying an additional 14,213 shares in the last quarter. Squarepoint Ops LLC increased its position in MDC Partners by 647.7% in the 3rd quarter. Squarepoint Ops LLC now owns 139,603 shares of the business services provider’s stock valued at $394,000 after buying an additional 120,932 shares in the last quarter. California Public Employees Retirement System bought a new stake in MDC Partners in the 4th quarter valued at about $112,000. SG Americas Securities LLC bought a new stake in MDC Partners in the 4th quarter valued at about $33,000. Finally, Clear Harbor Asset Management LLC increased its position in MDC Partners by 356.8% in the 4th quarter. Clear Harbor Asset Management LLC now owns 175,202 shares of the business services provider’s stock valued at $487,000 after buying an additional 136,850 shares in the last quarter. 65.14% of the stock is currently owned by hedge funds and other institutional investors.

In other news, CEO Mark Jeffery Penn acquired 25,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average price of $1.38 per share, for a total transaction of $34,500.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David Corwin Ross acquired 35,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was purchased at an average price of $1.10 per share, for a total transaction of $38,500.00. The disclosure for this purchase can be found here. Insiders bought a total of 86,653 shares of company stock worth $123,556 in the last 90 days. Company insiders own 31.40% of the company’s stock.

MDCA traded up $0.18 during midday trading on Thursday, reaching $1.68. 8,362 shares of the company were exchanged, compared to its average volume of 247,061. The company’s fifty day moving average price is $2.07 and its 200 day moving average price is $2.52. The company has a market cap of $87.32 million, a price-to-earnings ratio of -6.56 and a beta of 0.23. MDC Partners Inc has a one year low of $1.02 and a one year high of $3.44.

MDC Partners (NASDAQ:MDCA) last announced its earnings results on Thursday, February 27th. The business services provider reported ($0.15) earnings per share for the quarter. The firm had revenue of $381.98 million during the quarter.

Separately, ValuEngine raised MDC Partners from a “hold” rating to a “buy” rating in a report on Friday, January 10th.

About MDC Partners

MDC Partners Inc provides marketing, advertising, activation, communications, and strategic consulting solutions worldwide. It offers a range of customized services, including global advertising and marketing services; media buying, planning, and optimization; interactive and mobile marketing; direct marketing; database and customer relationship management; sales promotion; corporate communications; market research; data analytics and insights; corporate identity, design, and branding services; social media communications; product and service innovation; e-commerce management; and technology services.

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Institutional Ownership by Quarter for MDC Partners (NASDAQ:MDCA)

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