Kavi Asset Management Lp adds HRG Group Inc (HRG) to its portfolio

HRG Group Inc (HRG) : Kavi Asset Management Lp added new position in HRG Group Inc during the most recent quarter end. The investment management firm now holds 369,700 shares of HRG Group Inc which is valued at $5.1 Million , the company said in a statement filed on May 13, 2016 with the SEC.HRG Group Inc makes up approximately 4.46% of Kavi Asset Management Lp’s portfolio.

Other Hedge Funds, Including , Cypress Funds boosted its stake in HRG in the latest quarter, The investment management firm added 42,800 additional shares and now holds a total of 1,520,000 shares of HRG Group Inc which is valued at $21.1 Million. HRG Group Inc makes up approx 6.07% of Cypress Funds’s portfolio.Ruffer Llp boosted its stake in HRG in the latest quarter, The investment management firm added 21,500 additional shares and now holds a total of 471,999 shares of HRG Group Inc which is valued at $6.5 Million. HRG Group Inc makes up approx 0.26% of Ruffer Llp’s portfolio. Airain Ltd added HRG to its portfolio by purchasing 17,248 company shares during the most recent quarter which is valued at $239,057. HRG Group Inc makes up approx 0.02% of Airain Ltd’s portfolio.Teachers Advisors Inc boosted its stake in HRG in the latest quarter, The investment management firm added 6,352 additional shares and now holds a total of 120,745 shares of HRG Group Inc which is valued at $1.8 Million.

HRG Group Inc opened for trading at $13.73 and hit $14.05 on the upside on Wednesday, eventually ending the session at $13.94, with a gain of 1.75% or 0.24 points. The heightened volatility saw the trading volume jump to 10,15,037 shares. Company has a market cap of $2,798 M.

HRG Group Inc. formerly Harbinger Group Inc. is a holding company. The Company’s operations are conducted through Fidelity & Guaranty Life (FGL) that offers life insurance and annuity products; Front Street Re (Delaware) Ltd. (Front Street) which offers reinsurance; Salus Capital Partners LLC (Salus) Five Island Asset Management LLC (FIAM) which holds interests in FIAM Capital Management LLC (Five Island) Energy & Infrastructure Capital (EIC) and CorAmerica Capital LLC (CorAmerica) offer financing and asset management Spectrum Brands Holdings Inc. (Spectrum Brands) which provides consumer products such as batteries small appliances pet supplies home and garden control products personal care products and hardware and home improvement products. It also holds oil and natural gas properties through Compass Production GP LLC and Compass Production Partners LP. The Company operates through four segments: Consumer Products Insurance Energy and Asset Management.

Leave a Reply

HRG Group Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on HRG Group Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.