Quadrature Capital Ltd Has $605,000 Stock Position in fuboTV Inc. (NYSE:FUBO)

Quadrature Capital Ltd boosted its stake in shares of fuboTV Inc. (NYSE:FUBO) by 144.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,161 shares of the company’s stock after purchasing an additional 112,361 shares during the quarter. Quadrature Capital Ltd owned 0.06% of fuboTV worth $605,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FUBO. Swiss National Bank acquired a new stake in fuboTV during the third quarter worth about $1,713,000. SG Americas Securities LLC raised its stake in shares of fuboTV by 26.7% in the fourth quarter. SG Americas Securities LLC now owns 230,074 shares of the company’s stock valued at $732,000 after purchasing an additional 48,431 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new position in fuboTV in the fourth quarter worth $36,000. Jump Financial LLC boosted its stake in fuboTV by 32.5% during the fourth quarter. Jump Financial LLC now owns 34,358 shares of the company’s stock worth $109,000 after buying an additional 8,433 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of fuboTV by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,259,363 shares of the company’s stock valued at $7,185,000 after acquiring an additional 22,762 shares in the last quarter. 39.31% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on FUBO shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $2.90 price objective on shares of fuboTV in a report on Wednesday, May 1st. Wedbush reissued an “outperform” rating and set a $5.00 price target on shares of fuboTV in a report on Wednesday, May 1st. Needham & Company LLC restated a “buy” rating and issued a $3.00 price target on shares of fuboTV in a research report on Monday, May 6th. Finally, Evercore ISI reduced their price target on shares of fuboTV from $3.00 to $2.50 and set an “in-line” rating on the stock in a research report on Monday, March 4th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $3.07.

fuboTV Price Performance

NYSE:FUBO opened at $1.15 on Friday. fuboTV Inc. has a 12 month low of $1.10 and a 12 month high of $3.87. The company’s 50-day moving average price is $1.30 and its two-hundred day moving average price is $1.98. The firm has a market cap of $344.86 million, a PE ratio of -1.29 and a beta of 1.99. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.61.

fuboTV (NYSE:FUBO) last announced its earnings results on Friday, May 3rd. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.05. fuboTV had a negative net margin of 17.97% and a negative return on equity of 72.13%. The company had revenue of $402.35 million for the quarter, compared to analyst estimates of $381.95 million. On average, equities analysts anticipate that fuboTV Inc. will post -0.63 EPS for the current fiscal year.

fuboTV Profile

fuboTV Inc operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. The company's platform allows customers to access content through streaming devices, as well as on SmartTVs, mobile phones, tablets, and computers. fuboTV Inc was incorporated in 2009 and is headquartered in New York, New York.