Krilogy Financial LLC Has $524,000 Stock Holdings in Manchester United Ltd. (NYSE:MANU)

Krilogy Financial LLC increased its position in shares of Manchester United Ltd. (NYSE:MANU - Free Report) by 233.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,000 shares of the company's stock after buying an additional 28,000 shares during the period. Krilogy Financial LLC's holdings in Manchester United were worth $524,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in shares of Manchester United by 127.7% in the 4th quarter. Blue Trust Inc. now owns 3,358 shares of the company's stock worth $58,000 after purchasing an additional 1,883 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Manchester United by 129.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,109 shares of the company's stock valued at $37,000 after buying an additional 1,188 shares during the last quarter. Lancaster Investment Management raised its stake in Manchester United by 45.2% during the fourth quarter. Lancaster Investment Management now owns 816,351 shares of the company's stock valued at $14,164,000 after buying an additional 254,280 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Manchester United during the fourth quarter valued at approximately $156,000. Finally, Fox Run Management L.L.C. bought a new position in Manchester United during the 4th quarter worth approximately $302,000. Institutional investors and hedge funds own 23.34% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Manchester United from a "sell" rating to a "hold" rating in a research note on Saturday, May 31st.

Manchester United Price Performance

NYSE:MANU traded up $0.01 during trading hours on Wednesday, reaching $17.34. 141,726 shares of the company's stock were exchanged, compared to its average volume of 262,643. The company has a quick ratio of 0.37, a current ratio of 0.39 and a debt-to-equity ratio of 2.54. The company has a market capitalization of $2.94 billion, a P/E ratio of -35.40 and a beta of 0.59. Manchester United Ltd. has a 12 month low of $12.05 and a 12 month high of $18.42. The business's 50-day simple moving average is $14.48 and its two-hundred day simple moving average is $15.13.

Manchester United (NYSE:MANU - Get Free Report) last announced its earnings results on Friday, June 6th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.33) by $0.29. The business had revenue of $203.10 million during the quarter, compared to the consensus estimate of $159.13 million. Manchester United had a negative return on equity of 22.40% and a negative net margin of 10.09%. During the same period in the prior year, the business posted ($0.24) earnings per share. Sell-side analysts expect that Manchester United Ltd. will post -0.74 EPS for the current fiscal year.

About Manchester United

Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. It operates Manchester United Football Club, a professional football club. The company develops marketing and sponsorship relationships with international and regional companies to leverage its brand.