Geode Capital Management LLC decreased its holdings in B. Riley Financial, Inc. (NASDAQ:RILY – Free Report) by 0.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 437,126 shares of the asset manager’s stock after selling 2,480 shares during the quarter. Geode Capital Management LLC owned 1.44% of B. Riley Financial worth $2,295,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of B. Riley Financial in the 3rd quarter valued at $29,000. Ariadne Wealth Management LP acquired a new position in B. Riley Financial in the 2nd quarter worth approximately $103,000. FMR LLC grew its position in B. Riley Financial by 1,085.3% during the 3rd quarter. FMR LLC now owns 10,075 shares of the asset manager’s stock worth $53,000 after purchasing an additional 9,225 shares in the last quarter. Ensign Peak Advisors Inc acquired a new stake in B. Riley Financial during the 2nd quarter valued at $190,000. Finally, Point72 DIFC Ltd purchased a new stake in shares of B. Riley Financial in the third quarter valued at $70,000. 50.20% of the stock is currently owned by institutional investors and hedge funds.
B. Riley Financial Price Performance
B. Riley Financial stock opened at $4.78 on Wednesday. The firm’s 50 day moving average price is $5.12 and its two-hundred day moving average price is $8.40. The firm has a market cap of $144.81 million, a PE ratio of -0.95 and a beta of 1.30. B. Riley Financial, Inc. has a twelve month low of $4.07 and a twelve month high of $40.09. The company has a debt-to-equity ratio of 13.99, a quick ratio of 4.88 and a current ratio of 4.88.
Wall Street Analyst Weigh In
Get Our Latest Report on B. Riley Financial
B. Riley Financial Profile
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
Read More
- Five stocks we like better than B. Riley Financial
- Bank Stocks – Best Bank Stocks to Invest In
- Disney: Forging a 3-Headed Sports Streaming Giant With Fubo Deal
- How to Invest in the Best Canadian Stocks
- How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Bill Ackman’s Bold Case for Fannie Mae and Freddie Mac
Want to see what other hedge funds are holding RILY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for B. Riley Financial, Inc. (NASDAQ:RILY – Free Report).
Receive News & Ratings for B. Riley Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B. Riley Financial and related companies with MarketBeat.com's FREE daily email newsletter.
