Thompson Siegel & Walmsley LLC increased its position in shares of Match Group Inc. (NASDAQ:MTCH – Free Report) by 6.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,699,960 shares of the technology company’s stock after buying an additional 106,995 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Match Group were worth $54,892,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its position in Match Group by 14.6% in the 3rd quarter. State Street Corp now owns 19,275,943 shares of the technology company’s stock valued at $680,826,000 after buying an additional 2,461,025 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Match Group by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 12,483,815 shares of the technology company’s stock worth $385,590,000 after acquiring an additional 162,330 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Match Group by 1,163.7% during the third quarter. AQR Capital Management LLC now owns 6,137,898 shares of the technology company’s stock worth $216,791,000 after acquiring an additional 5,652,174 shares during the last quarter. LSV Asset Management lifted its stake in shares of Match Group by 18.3% in the fourth quarter. LSV Asset Management now owns 5,644,584 shares of the technology company’s stock worth $182,264,000 after acquiring an additional 873,804 shares in the last quarter. Finally, Jupiter Asset Management Ltd. lifted its stake in shares of Match Group by 14.9% in the fourth quarter. Jupiter Asset Management Ltd. now owns 3,971,583 shares of the technology company’s stock worth $128,242,000 after acquiring an additional 515,750 shares in the last quarter. Institutional investors and hedge funds own 94.05% of the company’s stock.
Match Group Price Performance
Shares of NASDAQ MTCH opened at $36.13 on Monday. The stock’s 50 day moving average price is $34.35 and its two-hundred day moving average price is $32.77. Match Group Inc. has a 52-week low of $28.81 and a 52-week high of $39.20. The stock has a market capitalization of $8.43 billion, a P/E ratio of 13.79, a PEG ratio of 0.58 and a beta of 1.33.
Match Group Announces Dividend
Insider Transactions at Match Group
In other Match Group news, Director Melissa Anne Brenner sold 5,141 shares of Match Group stock in a transaction on Friday, May 8th. The shares were sold at an average price of $35.94, for a total value of $184,767.54. Following the completion of the transaction, the director owned 16,218 shares of the company’s stock, valued at $582,874.92. The trade was a 24.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.64% of the stock is owned by company insiders.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the company. Citigroup raised their price objective on Match Group from $33.00 to $39.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada lifted their price target on shares of Match Group from $37.00 to $42.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Weiss Ratings raised shares of Match Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. JPMorgan Chase & Co. reduced their price objective on shares of Match Group from $33.00 to $31.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $43.00 price objective on shares of Match Group in a report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Match Group has an average rating of “Hold” and an average price target of $41.07.
Read Our Latest Report on Match Group
Match Group Company Profile
Match Group, Inc (NASDAQ: MTCH) is a leading provider of online dating products and services. The company owns and operates a diverse portfolio of consumer brands that connect singles through digital platforms. Its flagship offerings include Match.com, Tinder, Hinge, OkCupid and PlentyOfFish, which together serve users looking for long-term relationships, casual encounters and social networking opportunities.
Originating with the launch of Match.com in 1995, Match Group has grown through a combination of organic development and strategic acquisitions.
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