Virtu Financial LLC bought a new stake in shares of SPAR Group, Inc. (NASDAQ:SGRP – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 54,225 shares of the business services provider’s stock, valued at approximately $105,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Murchinson Ltd. bought a new stake in shares of SPAR Group in the third quarter valued at approximately $196,000. Geode Capital Management LLC increased its position in SPAR Group by 35.0% during the third quarter. Geode Capital Management LLC now owns 136,691 shares of the business services provider’s stock worth $335,000 after acquiring an additional 35,450 shares during the period. Oddo BHF Asset Management Sas acquired a new position in SPAR Group during the 3rd quarter valued at $81,000. Finally, Sage Investment Counsel LLC bought a new stake in SPAR Group in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 9.57% of the company’s stock.
SPAR Group Stock Performance
NASDAQ SGRP opened at $1.39 on Monday. The company’s fifty day moving average is $1.69 and its two-hundred day moving average is $2.03. The firm has a market capitalization of $32.60 million, a price-to-earnings ratio of 2.73 and a beta of 0.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.77 and a quick ratio of 1.77. SPAR Group, Inc. has a 52-week low of $1.11 and a 52-week high of $3.12.
SPAR Group Profile
SPAR Group, Inc, together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, Middle East, and Africa. The company offers merchandising and marketing services, such as resets and cut-ins; price and inventory audits; stock replenishment and rotation services; out of stock management; promotional event setup; and display management, as well as category management and set up services comprising category and product resets; planogram maintenance; display and shelf services; and point of purchase installation and management.
Featured Stories
- Five stocks we like better than SPAR Group
- 5 Top Rated Dividend Stocks to Consider
- Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners
- How to Start Investing in Real Estate
- MarketBeat Week in Review – 03/24 – 03/28
- How to Calculate Return on Investment (ROI)
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
Want to see what other hedge funds are holding SGRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPAR Group, Inc. (NASDAQ:SGRP – Free Report).
Receive News & Ratings for SPAR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPAR Group and related companies with MarketBeat.com's FREE daily email newsletter.