Geode Capital Management LLC Has $570,000 Stock Holdings in Heritage Global Inc. (NASDAQ:HGBL)

Geode Capital Management LLC grew its position in Heritage Global Inc. (NASDAQ:HGBL) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 335,402 shares of the company’s stock after purchasing an additional 7,842 shares during the period. Geode Capital Management LLC owned about 0.90% of Heritage Global worth $570,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in HGBL. Jane Street Group LLC acquired a new stake in shares of Heritage Global in the 3rd quarter valued at $25,000. Janus Henderson Group PLC boosted its stake in shares of Heritage Global by 53.2% in the 3rd quarter. Janus Henderson Group PLC now owns 28,982 shares of the company’s stock valued at $49,000 after purchasing an additional 10,068 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Heritage Global by 11.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 449,864 shares of the company’s stock valued at $1,107,000 after purchasing an additional 47,375 shares in the last quarter. Finally, Koshinski Asset Management Inc. acquired a new stake in shares of Heritage Global in the 3rd quarter valued at $1,801,000. Institutional investors and hedge funds own 33.46% of the company’s stock.

Heritage Global Stock Performance

Shares of NASDAQ:HGBL opened at $1.98 on Friday. Heritage Global Inc. has a 52 week low of $1.52 and a 52 week high of $3.09. The company’s fifty day moving average is $1.74 and its 200-day moving average is $1.88. The company has a market capitalization of $73.94 million, a PE ratio of 7.07 and a beta of 1.16.

Heritage Global Profile

Heritage Global Inc, together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services.