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

UBS Group AG increased its stake in shares of Manchester United Ltd. (NYSE:MANU) by 19.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 568,378 shares of the company’s stock after buying an additional 93,953 shares during the quarter. UBS Group AG owned about 0.33% of Manchester United worth $9,049,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Harvey Partners LLC lifted its holdings in shares of Manchester United by 15.8% during the third quarter. Harvey Partners LLC now owns 1,102,500 shares of the company’s stock worth $16,692,000 after buying an additional 150,802 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Manchester United during the third quarter worth $1,110,000. Krilogy Financial LLC acquired a new stake in shares of Manchester United during the third quarter worth $376,000. Savant Capital LLC lifted its holdings in shares of Manchester United by 13.1% during the third quarter. Savant Capital LLC now owns 12,357 shares of the company’s stock worth $187,000 after buying an additional 1,427 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Manchester United during the third quarter worth $284,000. Institutional investors and hedge funds own 23.34% of the company’s stock.

Analyst Upgrades and Downgrades

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

Manchester United Stock Up 0.3%

MANU opened at $19.29 on Monday. The company has a market capitalization of $3.33 billion, a P/E ratio of -275.55 and a beta of 0.59. The stock has a fifty day moving average of $17.47 and a 200-day moving average of $16.83. Manchester United Ltd. has a fifty-two week low of $13.22 and a fifty-two week high of $19.92. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.30 and a current ratio of 0.32.

Manchester United (NYSE:MANU) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.06). The company had revenue of $255.92 million during the quarter, compared to analyst estimates 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

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.