UBS Group AG Has $9.05 Million Holdings in Manchester United Ltd. $MANU

UBS Group AG boosted its stake in Manchester United Ltd. (NYSE:MANUFree Report) by 19.8% in the fourth quarter, Holdings Channel reports. The firm owned 568,378 shares of the company’s stock after purchasing an additional 93,953 shares during the quarter. UBS Group AG’s holdings in Manchester United were worth $9,049,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Krilogy Financial LLC raised its stake in Manchester United by 105.9% during the fourth quarter. Krilogy Financial LLC now owns 49,416 shares of the company’s stock worth $872,000 after acquiring an additional 25,416 shares in the last quarter. Rathbones Group PLC acquired a new position in Manchester United during the fourth quarter worth about $1,316,000. Lancaster Investment Management raised its stake in Manchester United by 1.0% during the fourth quarter. Lancaster Investment Management now owns 899,416 shares of the company’s stock worth $14,319,000 after acquiring an additional 9,065 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Manchester United by 4.2% during the third quarter. JPMorgan Chase & Co. now owns 216,431 shares of the company’s stock worth $3,277,000 after acquiring an additional 8,700 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new position in Manchester United during the third quarter worth about $1,110,000. Institutional investors and hedge funds own 23.34% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Manchester United from a “sell” rating to a “strong sell” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Manchester United presently has a consensus rating of “Sell”.

Read Our Latest Research Report on MANU

Manchester United Stock Performance

NYSE:MANU opened at $19.29 on Monday. The stock’s 50-day moving average is $17.47 and its 200-day moving average is $16.83. The stock has a market cap of $3.33 billion, a P/E ratio of -275.55 and a beta of 0.59. Manchester United Ltd. has a 1-year low of $13.22 and a 1-year high of $19.92. The company has a current ratio of 0.32, a quick ratio of 0.30 and a debt-to-equity ratio of 2.52.

Manchester United (NYSE:MANUGet Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.06). The business had revenue of $255.92 million for the quarter, compared to the consensus estimate of $251.72 million. Manchester United had a negative net margin of 1.39% and a negative return on equity of 4.85%.

Manchester United Profile

(Free Report)

Manchester United plc is a global sports and entertainment company best known for its ownership and operation of Manchester United Football Club, one of the most prominent professional football clubs in the world. The company’s core activities include the organization and promotion of competitive football matches, management of club facilities such as Old Trafford stadium, and the development of youth and academy programs. As a publicly traded entity on the New York Stock Exchange (NYSE: MANU), Manchester United plc leverages its status to expand commercial partnerships and broaden its international footprint.

The company’s revenue streams are diversified across matchday operations, broadcast rights, commercial partnerships, and licensing and merchandising.

See Also

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Institutional Ownership by Quarter for Manchester United (NYSE:MANU)

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