Iconix Brand Group, Inc. (ICON) Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio raised its position in Iconix Brand Group, Inc. (NASDAQ:ICON) by 5.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,869 shares of the brand management company’s stock after buying an additional 876 shares during the period. Public Employees Retirement System of Ohio’s holdings in Iconix Brand Group were worth $123,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Iconix Brand Group by 8.4% in the 2nd quarter. Vanguard Group Inc. now owns 6,204,245 shares of the brand management company’s stock worth $42,871,000 after buying an additional 481,845 shares during the last quarter. New York State Teachers Retirement System boosted its holdings in shares of Iconix Brand Group by 3.9% during the 1st quarter. New York State Teachers Retirement System now owns 122,036 shares of the brand management company’s stock worth $918,000 after purchasing an additional 4,600 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Iconix Brand Group by 1.3% during the 2nd quarter. Louisiana State Employees Retirement System now owns 23,200 shares of the brand management company’s stock worth $160,000 after purchasing an additional 300 shares during the last quarter. OxFORD Asset Management LLP acquired a new position in shares of Iconix Brand Group during the 2nd quarter worth approximately $707,000. Finally, Virtu KCG Holdings LLC boosted its holdings in shares of Iconix Brand Group by 110.8% during the 2nd quarter. Virtu KCG Holdings LLC now owns 53,565 shares of the brand management company’s stock worth $370,000 after purchasing an additional 28,151 shares during the last quarter. Institutional investors own 83.27% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Iconix Brand Group, Inc. (ICON) Shares Bought by Public Employees Retirement System of Ohio” was originally posted by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & international copyright laws. The correct version of this article can be read at https://sportsperspectives.com/2017/11/19/iconix-brand-group-inc-icon-shares-bought-by-public-employees-retirement-system-of-ohio.html.

Iconix Brand Group, Inc. (NASDAQ ICON) opened at $2.16 on Friday. The firm has a market capitalization of $123.29, a P/E ratio of 2.08 and a beta of 1.30. Iconix Brand Group, Inc. has a twelve month low of $1.44 and a twelve month high of $10.80. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.27.

Several brokerages have recently weighed in on ICON. Cowen and Company set a $9.00 target price on Iconix Brand Group and gave the stock a “hold” rating in a report on Monday, August 14th. FBR & Co restated an “outperform” rating and set a $8.50 target price on shares of Iconix Brand Group in a report on Wednesday, August 9th. BidaskClub cut Iconix Brand Group from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Roth Capital restated a “neutral” rating on shares of Iconix Brand Group in a report on Tuesday, October 31st. Finally, Sidoti began coverage on Iconix Brand Group in a report on Tuesday, September 19th. They set a “neutral” rating and a $6.00 target price on the stock. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $5.00.

Iconix Brand Group Profile

Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.

Institutional Ownership by Quarter for Iconix Brand Group (NASDAQ:ICON)

Receive News & Ratings for Iconix Brand Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iconix Brand Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply