2 weeks Ago By ABMN Staff
Prudential Financial Inc. cut its stake in Grocery Outlet Holding Corp. ( NASDAQ:GO – Free Report ) by 2.
8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,606 shares of the company’s stock after selling 2,743 shares during the quarter. Prudential Financial Inc.
’s holdings in Grocery Outlet were worth $1,508,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Decker Retirement Planning Inc.
acquired a new stake in Grocery Outlet in the fourth quarter worth about $31,000. KBC Group NV raised its position in shares of Grocery Outlet by 62.7% during the 4th quarter.
KBC Group NV now owns 4,506 shares of the company’s stock worth $70,000 after buying an additional 1,736 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Grocery Outlet by 472.
0% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,896 shares of the company’s stock worth $76,000 after acquiring an additional 4,040 shares during the period.
Proficio Capital Partners LLC bought a new position in shares of Grocery Outlet in the fourth quarter valued at approximately $161,000. Finally, Natixis Advisors LLC acquired a new position in shares of Grocery Outlet during the fourth quarter valued at approximately $240,000. 99.
87% of the stock is owned by institutional investors and hedge funds. Grocery Outlet Stock Performance Shares of Grocery Outlet stock opened at $13.70 on Friday.
The stock has a market cap of $1.33 billion, a PE ratio of 26.86, a price-to-earnings-growth ratio of 9.
08 and a beta of 0.40. Grocery Outlet Holding Corp.
has a 12 month low of $10.26 and a 12 month high of $27.65.
The company has a quick ratio of 0.33, a current ratio of 1.46 and a debt-to-equity ratio of 0.
34. The business has a fifty day simple moving average of $14.36 and a 200-day simple moving average of $16.
13. Analyst Upgrades and Downgrades Read Our Latest Research Report on GO Insiders Place Their Bets In other news, EVP Steven K. Wilson sold 6,682 shares of the firm’s stock in a transaction dated Monday, March 10th.
The stock was sold at an average price of $13.16, for a total transaction of $87,935.12.
Following the completion of the sale, the executive vice president now directly owns 166,923 shares of the company’s stock, valued at $2,196,706.68. This trade represents a 3.
85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, SVP Lindsay E.
Gray sold 2,741 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $11.34, for a total value of $31,082.
94. Following the completion of the sale, the senior vice president now directly owns 41,448 shares of the company’s stock, valued at approximately $470,020.32.
The trade was a 6.20 % decrease in their position. The disclosure for this sale can be found here .
In the last ninety days, insiders acquired 200,000 shares of company stock worth $2,435,050 and sold 17,756 shares worth $216,892. Corporate insiders own 4.50% of the company’s stock.
Grocery Outlet Profile ( Free Report ) Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products.
Featured Articles Want to see what other hedge funds are holding GO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grocery Outlet Holding Corp. ( NASDAQ:GO – Free Report ).
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