Shares of UniCredit S.p.A. (OTCMKTS:UNCFF - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $68.25 and last traded at $66.96, with a volume of 9109 shares. The stock had previously closed at $66.72.
UniCredit Stock Down 3.2%
The stock has a 50 day simple moving average of $61.11 and a 200-day simple moving average of $52.36.
Institutional Investors Weigh In On UniCredit
A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC grew its position in shares of UniCredit S.p.A. (OTCMKTS:UNCFF - Free Report) by 5,505.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,723 shares of the financial services provider's stock after purchasing an additional 128,391 shares during the period. GAMMA Investing LLC's holdings in UniCredit were worth $7,328,000 at the end of the most recent reporting period.
About UniCredit
(
Get Free Report)
UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.
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