Jump Financial LLC Makes New $482,000 Investment in Manchester United plc (NYSE:MANU)

Jump Financial LLC bought a new position in Manchester United plc (NYSE:MANU - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 27,754 shares of the company's stock, valued at approximately $482,000.

A number of other large investors have also recently made changes to their positions in the business. XTX Topco Ltd bought a new stake in shares of Manchester United in the 4th quarter worth about $493,000. Mariner LLC increased its holdings in shares of Manchester United by 134.0% in the 4th quarter. Mariner LLC now owns 58,681 shares of the company's stock worth $1,018,000 after buying an additional 33,604 shares during the last quarter. Breach Inlet Capital Management LLC increased its holdings in shares of Manchester United by 58.0% in the 4th quarter. Breach Inlet Capital Management LLC now owns 664,856 shares of the company's stock worth $11,535,000 after buying an additional 243,977 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of Manchester United by 213.1% in the 4th quarter. National Bank of Canada FI now owns 9,686 shares of the company's stock worth $168,000 after buying an additional 6,592 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Manchester United by 104.1% in the 4th quarter. JPMorgan Chase & Co. now owns 121,121 shares of the company's stock worth $2,101,000 after buying an additional 61,786 shares during the last quarter. 23.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Manchester United to a "sell" rating in a report on Tuesday, January 21st.

Manchester United Trading Down 0.9 %

Shares of NYSE MANU traded down $0.12 during midday trading on Wednesday, hitting $13.74. The company's stock had a trading volume of 117,187 shares, compared to its average volume of 287,970. The company has a current ratio of 0.41, a quick ratio of 0.35 and a debt-to-equity ratio of 2.62. The business's 50 day moving average is $13.70 and its two-hundred day moving average is $15.62. Manchester United plc has a 12-month low of $12.05 and a 12-month high of $18.42. The firm has a market cap of $2.33 billion, a P/E ratio of -13.47 and a beta of 0.64.

Manchester United (NYSE:MANU - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.02. Manchester United had a negative return on equity of 44.76% and a negative net margin of 21.46%. The firm had revenue of $254.62 million for the quarter, compared to the consensus estimate of $248.15 million. As a group, equities research analysts expect that Manchester United plc will post -0.74 EPS for the current 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.