Bleakley Financial Group LLC Purchases 25,671 Shares of Manchester United Ltd. $MANU

Bleakley Financial Group LLC raised its position in shares of Manchester United Ltd. (NYSE:MANU) by 52.1% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 74,984 shares of the company’s stock after purchasing an additional 25,671 shares during the quarter. Bleakley Financial Group LLC’s holdings in Manchester United were worth $1,335,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Ariel Investments LLC lifted its stake in shares of Manchester United by 2.5% in the first quarter. Ariel Investments LLC now owns 8,575,329 shares of the company’s stock worth $112,251,000 after buying an additional 205,807 shares in the last quarter. Cooperman Leon G lifted its position in Manchester United by 9.1% in the 1st quarter. Cooperman Leon G now owns 2,839,737 shares of the company’s stock valued at $37,172,000 after acquiring an additional 238,032 shares in the last quarter. Lancaster Investment Management boosted its stake in Manchester United by 1.1% during the 2nd quarter. Lancaster Investment Management now owns 890,351 shares of the company’s stock valued at $15,857,000 after purchasing an additional 10,000 shares during the last quarter. Breach Inlet Capital Management LLC boosted its stake in Manchester United by 28.6% during the 1st quarter. Breach Inlet Capital Management LLC now owns 854,946 shares of the company’s stock valued at $11,191,000 after purchasing an additional 190,090 shares during the last quarter. Finally, Gabelli Funds LLC increased its holdings in shares of Manchester United by 7.6% in the 1st quarter. Gabelli Funds LLC now owns 425,995 shares of the company’s stock worth $5,576,000 after purchasing an additional 30,087 shares in the last quarter. 23.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Manchester United in a report on Saturday. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Manchester United has a consensus rating of “Hold” and an average target price of $23.00.

Manchester United Price Performance

Shares of MANU opened at $18.19 on Friday. The firm has a fifty day simple moving average of $16.52 and a two-hundred day simple moving average of $16.16. The firm has a market cap of $3.14 billion, a PE ratio of -72.76 and a beta of 0.64. The company has a current ratio of 0.38, a quick ratio of 0.36 and a debt-to-equity ratio of 2.44. Manchester United Ltd. has a 1-year low of $12.05 and a 1-year high of $19.65.

Manchester United (NYSE:MANU) last released its quarterly earnings results on Wednesday, September 17th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. Manchester United had a negative return on equity of 9.58% and a negative net margin of 4.92%.The firm had revenue of $219.20 million for the quarter, compared to the consensus estimate of $166.63 million. Manchester United has set its FY 2026 guidance at EPS. On average, equities analysts anticipate that Manchester United Ltd. will post -0.74 EPS for the current year.

About Manchester United

Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. It operates Manchester United Football Club, a professional football club. The company develops marketing and sponsorship relationships with international and regional companies to leverage its brand.