Manchester United PLC (MANU) Shares Sold by Fmr LLC

Fmr LLC decreased its position in Manchester United PLC (NYSE:MANU) by 0.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,436,475 shares of the company’s stock after selling 925 shares during the period. Fmr LLC’s holdings in Manchester United PLC were worth $34,720,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Oxford Asset Management bought a new stake in Manchester United PLC during the fourth quarter worth $242,000. State Street Corp increased its stake in Manchester United PLC by 200.8% in the fourth quarter. State Street Corp now owns 34,025 shares of the company’s stock worth $485,000 after buying an additional 22,714 shares during the last quarter. united american securities inc. d b a uas asset management increased its stake in Manchester United PLC by 75.3% in the third quarter. united american securities inc. d b a uas asset management now owns 50,564 shares of the company’s stock worth $854,000 after buying an additional 21,714 shares during the last quarter. UBS Group AG increased its stake in Manchester United PLC by 0.3% in the third quarter. UBS Group AG now owns 287,236 shares of the company’s stock worth $4,848,000 after buying an additional 955 shares during the last quarter. Finally, Lomas Capital Management LLC increased its stake in Manchester United PLC by 1.8% in the third quarter. Lomas Capital Management LLC now owns 827,636 shares of the company’s stock worth $13,971,000 after buying an additional 14,872 shares during the last quarter. 72.04% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Manchester United PLC (NYSE:MANU)

Manchester United PLC (NYSE:MANU) opened at 16.25 on Friday. Manchester United PLC has a 12-month low of $13.64 and a 12-month high of $17.83. The firm has a market cap of $2.67 billion, a P/E ratio of 69.44 and a beta of 0.47. The firm has a 50-day moving average of $16.38 and a 200-day moving average of $15.85.

Manchester United PLC (NYSE:MANU) last issued its quarterly earnings results on Thursday, February 9th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $6.31 by $6.18. Manchester United PLC had a return on equity of 8.02% and a net margin of 5.87%. The business had revenue of $157.90 million for the quarter, compared to analyst estimates of $145.40 million. During the same quarter last year, the firm earned $0.11 earnings per share. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. On average, analysts expect that Manchester United PLC will post $10.52 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 8th. Stockholders of record on Friday, April 28th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, April 26th. This is a positive change from Manchester United PLC’s previous quarterly dividend of $0.05. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.21%. Manchester United PLC’s payout ratio is 72.00%.

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A number of equities analysts have commented on MANU shares. Zacks Investment Research raised shares of Manchester United PLC from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Saturday, February 11th. Deutsche Bank AG started coverage on shares of Manchester United PLC in a report on Thursday, December 22nd. They issued a “buy” rating and a $18.00 price objective for the company.

Manchester United PLC Company Profile

Manchester United plc is engaged in the operation of a professional football club together with related and ancillary activities. Its football operations primarily comprise various activities, such as its first team, reserve team, youth academy, global scouting networks and other operations, such as its sport science, medical and fitness operations at the Aon Training Complex.

5 Day Chart for NYSE:MANU

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