Bailard Inc. Invests $408,000 in HC2 Holdings Inc (HCHC)

Share on StockTwits

Bailard Inc. acquired a new position in HC2 Holdings Inc (NYSE:HCHC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 154,600 shares of the technology company’s stock, valued at approximately $408,000. Bailard Inc. owned approximately 0.35% of HC2 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Beacon Pointe Wealth Advisors LLC purchased a new stake in shares of HC2 in the 4th quarter worth $27,000. Clear Harbor Asset Management LLC increased its stake in shares of HC2 by 42.0% in the 3rd quarter. Clear Harbor Asset Management LLC now owns 35,500 shares of the technology company’s stock worth $189,000 after purchasing an additional 10,500 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of HC2 by 14.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 87,819 shares of the technology company’s stock worth $514,000 after purchasing an additional 11,019 shares in the last quarter. B. Riley Wealth Management Inc. purchased a new stake in shares of HC2 in the 3rd quarter worth $77,000. Finally, Gabelli Funds LLC increased its stake in shares of HC2 by 4.7% in the 4th quarter. Gabelli Funds LLC now owns 286,310 shares of the technology company’s stock worth $756,000 after purchasing an additional 12,800 shares in the last quarter. Hedge funds and other institutional investors own 57.17% of the company’s stock.

Shares of HCHC stock opened at $3.32 on Thursday. HC2 Holdings Inc has a 52-week low of $2.31 and a 52-week high of $7.79. The company has a quick ratio of 3.35, a current ratio of 3.35 and a debt-to-equity ratio of 2.40. The firm has a market capitalization of $149.10 million, a price-to-earnings ratio of -3.35 and a beta of 1.78.

A number of brokerages have issued reports on HCHC. ValuEngine lowered HC2 from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Zacks Investment Research upgraded HC2 from a “hold” rating to a “buy” rating and set a $6.00 price target for the company in a research note on Thursday, November 8th.

COPYRIGHT VIOLATION NOTICE: “Bailard Inc. Invests $408,000 in HC2 Holdings Inc (HCHC)” was reported by BBNS and is owned by of BBNS. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright laws. The correct version of this piece can be accessed at https://baseballnewssource.com/2019/02/14/bailard-inc-invests-408000-in-hc2-holdings-inc-hchc/3214743.html.

About HC2

HC2 Holdings, Inc engages in the construction, marine services, energy, telecommunications, insurance, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants.

Read More: How to Use a Moving Average for TradingĀ 

Want to see what other hedge funds are holding HCHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HC2 Holdings Inc (NYSE:HCHC).

Institutional Ownership by Quarter for HC2 (NYSE:HCHC)

Receive News & Ratings for HC2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HC2 and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2019 BBNS.