GQG Partners LLC Takes Position in Old Market Capital Corporation $OMCC

GQG Partners LLC bought a new position in shares of Old Market Capital Corporation (NASDAQ:OMCC) in the second quarter, HoldingsChannel reports. The institutional investor bought 1,760,732 shares of the company’s stock, valued at approximately $72,050,000. GQG Partners LLC owned about 0.25% of Old Market Capital at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in OMCC. Northwestern Mutual Wealth Management Co. acquired a new position in Old Market Capital in the second quarter valued at approximately $201,000. Evolve Private Wealth LLC acquired a new position in Old Market Capital during the second quarter worth $3,902,000. EP Wealth Advisors LLC bought a new position in Old Market Capital in the second quarter valued at $495,000. Ieq Capital LLC bought a new position in Old Market Capital in the second quarter valued at $2,510,000. Finally, Callan Family Office LLC acquired a new stake in Old Market Capital in the 2nd quarter valued at $831,000. Institutional investors own 39.87% of the company’s stock.

Old Market Capital Stock Performance

Shares of NASDAQ:OMCC opened at $4.50 on Friday. The stock has a market capitalization of $31.09 million, a PE ratio of -14.52 and a beta of 0.83. The company’s 50-day moving average price is $4.26 and its two-hundred day moving average price is $4.34. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.55 and a quick ratio of 4.31. Old Market Capital Corporation has a one year low of $2.72 and a one year high of $5.99.

Old Market Capital Profile

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.