The stock of HRG Group Inc (NYSE:HRG) is a huge mover today! About 1.35 million shares traded hands or 142.41% up from the average. HRG Group Inc (NYSE:HRG) has risen 4.14% since April 18, 2016 and is uptrending. It has underperformed by 0.29% the S&P500.
The move comes after 7 months positive chart setup for the $2.91B company. It was reported on Nov, 18 by Barchart.com. We have $24.04 PT which if reached, will make NYSE:HRG worth $1.72 billion more.
According to Zacks Investment Research, “HRG Group, Inc. is a diversified holding company. Its operations are conducted through companies which offer branded consumer products as well as life insurance and annuity products. Branded Consumer Product consists of consumer batteries, residential locksets, residential builders’ hardware, faucets, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn, garden and home pest control products, personal insect repellents. Life insurance and annuity products include asset-backed loans and own energy assets. HRG Group, Inc., formerly known as Harbinger Group Inc., is headquartered in New York.”
More important recent HRG Group Inc (NYSE:HRG) news were published by: Streetinsider.com which released: “HRG Group (HRG) CEO Omar Asali to Step Down; Company to Explore Strategic …” on November 17, 2016, also Prnewswire.com published article titled: “HRG Group, Inc. Sets Date For 2016 Annual Meeting Of Stockholders”, Prnewswire.com published: “HRG Group, Inc. Announces Sale Of Certain Assets At Compass Subsidiary” on October 09, 2015. More interesting news about HRG Group Inc (NYSE:HRG) was released by: Prnewswire.com and their article: “HRG Group, Inc. Announces Pricing of Tack-on Notes Offerings” with publication date: May 11, 2015.
HRG Company Profile
HRG Group, Inc., formerly Harbinger Group Inc., incorporated on November 3, 2009, is a holding firm focused on owning businesses. The Company, through its subsidiaries, offers life insurance and annuity products; reinsurance services; financing and asset management services; branded consumer products and related businesses, and owns and operates oil and natural gas properties. The Firm operates through four divisions: Consumer Products, Insurance, Energy and Asset Management. The Company’s subsidiaries include Spectrum Brands Holdings, Inc. (Spectrum Brands), Fidelity & Guaranty Life (FGL), Front Street Re (Delaware) Ltd. (Front Street), HGI Asset Management Holdings, LLC (HAMCO) and Compass Production GP, LLC (Compass). The Company, through HAMCO, holds interests in the asset managers, including Salus Capital Partners, LLC (Salus), Energy & Infrastructure Capital, LLC (EIC) and CorAmerica Capital, LLC (CorAmerica). The Consumer Products segment consists of Spectrum Brands. The Insurance segment includes FGL and Front Street. The Energy segment includes Compass. The Asset Management segment includes Salus, EIC and CorAmerica.
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