HRG Group Inc (NYSE:HRG) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price target of $22.00 for the company, according to Zacks. Zacks has also given HRG Group an industry rank of 221 out of 265 based on the ratings given to its competitors.

Shares of HRG Group (NYSE HRG) traded up $1.05 during trading hours on Wednesday, reaching $17.39. 5,369,115 shares of the company were exchanged, compared to its average volume of 1,257,776. HRG Group has a fifty-two week low of $14.22 and a fifty-two week high of $20.17.

Large investors have recently made changes to their positions in the stock. GSA Capital Partners LLP bought a new stake in shares of HRG Group during the third quarter worth $855,000. Cubist Systematic Strategies LLC grew its stake in shares of HRG Group by 458.0% during the third quarter. Cubist Systematic Strategies LLC now owns 94,027 shares of the company’s stock worth $1,468,000 after buying an additional 77,177 shares during the last quarter. Pacific Grove Capital LP bought a new stake in shares of HRG Group during the third quarter worth $1,501,000. Allianz Asset Management GmbH grew its stake in shares of HRG Group by 39.3% during the third quarter. Allianz Asset Management GmbH now owns 119,123 shares of the company’s stock worth $1,860,000 after buying an additional 33,588 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of HRG Group by 7.8% during the third quarter. Dimensional Fund Advisors LP now owns 3,008,528 shares of the company’s stock worth $46,962,000 after buying an additional 217,490 shares during the last quarter. 95.41% of the stock is currently owned by institutional investors and hedge funds.

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HRG Group Company Profile

HRG Group, Inc is a holding company. The Company operates through two segments: Consumer Products and Insurance. The Consumer Products segment consists of the Company’s subsidiary, Spectrum Brands Holdings, Inc (Spectrum Brands). The Insurance segment includes its subsidiary, Front Street Re (Delaware) Ltd.

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