Hibernia Wealth Partners LLC Makes New $61,000 Investment in fuboTV Inc. $FUBO

Hibernia Wealth Partners LLC purchased a new stake in fuboTV Inc. (NYSE:FUBO) during the 2nd quarter, Holdings Channel reports. The firm purchased 15,754 shares of the company’s stock, valued at approximately $61,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Focus Partners Wealth bought a new position in fuboTV in the 1st quarter worth approximately $30,000. Cresset Asset Management LLC bought a new stake in fuboTV during the 1st quarter valued at $38,000. Fee Only Financial Planning L.C. acquired a new position in fuboTV during the 2nd quarter worth $51,000. Carnegie Investment Counsel bought a new position in shares of fuboTV in the second quarter worth $51,000. Finally, KBC Group NV acquired a new position in shares of fuboTV during the second quarter valued at $53,000. 39.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on FUBO. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of fuboTV in a report on Wednesday, October 8th. Zacks Research raised shares of fuboTV from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Wall Street Zen lowered shares of fuboTV from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Wedbush reaffirmed an “outperform” rating and set a $6.00 target price (up previously from $5.00) on shares of fuboTV in a research note on Wednesday, July 30th. Finally, Needham & Company LLC reissued a “buy” rating and set a $4.25 target price on shares of fuboTV in a research note on Tuesday, November 4th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $4.63.

fuboTV Price Performance

FUBO stock opened at $3.72 on Friday. fuboTV Inc. has a one year low of $1.21 and a one year high of $6.45. The firm has a 50-day moving average of $3.93 and a two-hundred day moving average of $3.59. The firm has a market capitalization of $1.27 billion, a PE ratio of 10.32 and a beta of 2.55. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.48.

fuboTV (NYSE:FUBO) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.06. The business had revenue of $377.20 million for the quarter, compared to analyst estimates of $361.33 million. fuboTV had a net margin of 7.61% and a negative return on equity of 6.66%. The firm’s revenue was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.08) earnings per share. On average, analysts forecast that fuboTV Inc. will post -0.51 earnings per share for the current year.

fuboTV Company Profile

fuboTV, Inc engages in providing subscription to sports, news, and entertainment content. It offers its services through streaming devices and on television, mobile phones, tablets, and computers. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.