Citadel Advisors LLC raised its position in HRG Group Inc (NYSE:HRG) by 1,301.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 993,796 shares of the company’s stock after acquiring an additional 922,906 shares during the quarter. Citadel Advisors LLC owned approximately 0.49% of HRG Group worth $13,009,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. First Mercantile Trust Co. acquired a new stake in HRG Group in the first quarter valued at $140,000. Nisa Investment Advisors LLC acquired a new stake in HRG Group in the second quarter valued at $152,000. CAPROCK Group Inc. acquired a new stake in HRG Group in the second quarter valued at $176,000. GSA Capital Partners LLP acquired a new stake in HRG Group in the second quarter valued at $187,000. Finally, Sei Investments Co. lifted its stake in HRG Group by 99.0% in the first quarter. Sei Investments Co. now owns 12,232 shares of the company’s stock valued at $202,000 after acquiring an additional 6,084 shares during the last quarter. Hedge funds and other institutional investors own 93.35% of the company’s stock.

HRG has been the topic of several research analyst reports. ValuEngine raised shares of HRG Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 5th. TheStreet lowered shares of HRG Group from a “c” rating to a “d” rating in a research report on Tuesday, May 22nd.

Shares of HRG opened at $13.40 on Friday. HRG Group Inc has a fifty-two week low of $9.42 and a fifty-two week high of $19.19. The company has a current ratio of 3.11, a quick ratio of 2.61 and a debt-to-equity ratio of 3.91.

HRG Group Company Profile

HRG Group, Inc, through its subsidiaries, provides various branded consumer products. It operates through two segments, Consumer Products; and Corporate and Other. Its product portfolio includes consumer batteries, such as alkaline and zinc carbon batteries, nickel metal hydride rechargeable batteries, battery chargers, battery-powered portable lighting products, hearing aid batteries, and other specialty battery products; small appliances comprising small kitchen appliances and home product appliances; and personal care products, such as electric shaving and grooming products, hair care appliances, and accessories.

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Institutional Ownership by Quarter for HRG Group (NYSE:HRG)

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