The Manufacturers Life Insurance Company Makes New $6.61 Million Investment in Old Market Capital Corporation $OMCC

The Manufacturers Life Insurance Company purchased a new position in shares of Old Market Capital Corporation (NASDAQ:OMCC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 161,433 shares of the company’s stock, valued at approximately $6,606,000. The Manufacturers Life Insurance Company owned 2.34% of Old Market Capital as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in OMCC. Sandia Investment Management LP grew its position in shares of Old Market Capital by 13.0% in the fourth quarter. Sandia Investment Management LP now owns 40,491 shares of the company’s stock valued at $210,000 after purchasing an additional 4,649 shares during the period. Diversify Advisory Services LLC purchased a new position in Old Market Capital during the second quarter worth about $203,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Old Market Capital in the 2nd quarter worth about $201,000. Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Old Market Capital in the 2nd quarter valued at about $210,000. Finally, GSA Capital Partners LLP purchased a new stake in Old Market Capital in the 2nd quarter valued at about $263,000. Institutional investors and hedge funds own 39.87% of the company’s stock.

Old Market Capital Stock Performance

NASDAQ OMCC opened at $4.50 on Monday. The company has a market cap of $31.09 million, a P/E ratio of -14.52 and a beta of 0.83. Old Market Capital Corporation has a 12 month low of $2.72 and a 12 month high of $5.99. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.55 and a quick ratio of 4.31. The company has a 50-day moving average of $4.28 and a 200-day moving average of $4.35.

About Old Market Capital

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.