Aperio Group LLC raised its stake in shares of Macy's Inc (NYSE:M) by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 201,224 shares of the company’s stock after acquiring an additional 17,616 shares during the quarter. Aperio Group LLC’s holdings in Macy's were worth $5,069,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cerebellum GP LLC bought a new position in Macy's during the 4th quarter valued at $127,000. Enterprise Financial Services Corp boosted its stake in Macy's by 102.4% during the 4th quarter. Enterprise Financial Services Corp now owns 5,348 shares of the company’s stock valued at $135,000 after acquiring an additional 2,706 shares during the last quarter. Kistler Tiffany Companies LLC bought a new position in Macy's during the 3rd quarter valued at $148,000. IFP Advisors Inc boosted its stake in Macy's by 62.9% during the 3rd quarter. IFP Advisors Inc now owns 7,981 shares of the company’s stock valued at $174,000 after acquiring an additional 3,083 shares during the last quarter. Finally, Bristol Advisors LLC bought a new position in Macy's during the 4th quarter valued at $224,000. Hedge funds and other institutional investors own 81.99% of the company’s stock.
Macy's Inc (NYSE:M) opened at $25.64 on Thursday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.29 and a quick ratio of 0.19. Macy's Inc has a 52-week low of $17.41 and a 52-week high of $33.73. The stock has a market cap of $7,810.00, a PE ratio of 11.30, a PEG ratio of 1.02 and a beta of 0.98.
Macy’s, Inc is an omnichannel retail company operating stores, Websites and mobile applications under various brands, such as Macy’s, Bloomingdale’s and Bluemercury. The Company sells a range of merchandise, including apparel and accessories (men’s, women’s and children’s), cosmetics, home furnishings and other consumer goods.
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