Gamco Investors INC. ET AL Purchases 64,148 Shares of Manchester United Ltd. $MANU

Gamco Investors INC. ET AL lifted its position in shares of Manchester United Ltd. (NYSE:MANU) by 28.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 287,548 shares of the company’s stock after purchasing an additional 64,148 shares during the period. Gamco Investors INC. ET AL’s holdings in Manchester United were worth $3,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in MANU. Tower Research Capital LLC TRC increased its stake in shares of Manchester United by 55.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,131 shares of the company’s stock worth $37,000 after purchasing an additional 758 shares during the period. Simon Quick Advisors LLC bought a new position in Manchester United during the 1st quarter worth $137,000. Entropy Technologies LP bought a new position in Manchester United during the 1st quarter worth $142,000. Point72 Asset Management L.P. bought a new position in Manchester United during the 4th quarter worth $177,000. Finally, Virtu Financial LLC bought a new position in Manchester United during the 1st quarter worth $196,000. Institutional investors own 23.34% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Manchester United from a “sell” rating to a “hold” rating in a research note on Saturday, May 31st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $23.00.

Manchester United Trading Up 1.9%

Shares of MANU stock opened at $17.42 on Friday. The stock’s fifty day moving average price is $17.69 and its two-hundred day moving average price is $15.49. The company has a market cap of $2.95 billion, a PE ratio of -35.54 and a beta of 0.71. Manchester United Ltd. has a fifty-two week low of $12.05 and a fifty-two week high of $19.65. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.37 and a current ratio of 0.39.

Manchester United (NYSE:MANU) last issued its earnings results on Friday, June 6th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.29. The firm had revenue of $203.10 million for the quarter, compared to the consensus estimate of $159.13 million. Manchester United had a negative return on equity of 22.40% and a negative net margin of 10.09%.During the same quarter last year, the business posted ($0.24) EPS. Manchester United has set its FY 2025 guidance at EPS. Equities analysts predict that Manchester United Ltd. will post -0.74 EPS for the current fiscal year.

Manchester United Company Profile

Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. It operates Manchester United Football Club, a professional football club. The company develops marketing and sponsorship relationships with international and regional companies to leverage its brand.