Man Group plc Buys New Shares in Old Market Capital Corporation $OMCC

Man Group plc bought a new position in shares of Old Market Capital Corporation (NASDAQ:OMCC) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 341,732 shares of the company’s stock, valued at approximately $13,984,000. Man Group plc owned approximately 4.95% of Old Market Capital as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Old Market Capital in the 2nd quarter worth approximately $1,076,514,000. GQG Partners LLC bought a new stake in shares of Old Market Capital during the second quarter valued at approximately $72,050,000. Legal & General Group Plc bought a new stake in shares of Old Market Capital during the second quarter valued at approximately $14,086,000. Heartland Advisors Inc. acquired a new position in shares of Old Market Capital in the second quarter valued at $7,026,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Old Market Capital in the second quarter valued at $6,606,000. 39.87% of the stock is currently owned by institutional investors.

Old Market Capital Price Performance

Shares of OMCC stock opened at $4.50 on Friday. The stock 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 one year low of $2.72 and a one year high of $5.99. The stock has a fifty day moving average price of $4.28 and a 200 day moving average price of $4.35. 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 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.