Kassirer Asset Management Corp continued to hold its position in Delhaize Group (NYSE:DEG) during the second quarter, Holdings Channel reports. The institutional investor owned 38,800 shares of the company’s stock at the end of the second quarter. Kassirer Asset Management Corp’s holdings in Delhaize Group were worth $1,019,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. UBS Group AG boosted its stake in shares of Delhaize Group by 15.4% in the first quarter. UBS Group AG now owns 39,787 shares of the company’s stock worth $1,033,000 after buying an additional 5,298 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Delhaize Group by 5.4% in the first quarter. Goldman Sachs Group Inc. now owns 110,161 shares of the company’s stock worth $2,861,000 after buying an additional 5,620 shares during the period. Park National Corp OH bought a new stake in shares of Delhaize Group during the second quarter worth approximately $260,000. Acadian Asset Management LLC bought a new stake in shares of Delhaize Group during the second quarter worth approximately $477,000. Finally, BB&T Securities LLC bought a new stake in shares of Delhaize Group during the first quarter worth approximately $786,000.
Delhaize Group (NYSE:DEG) remained flat at $28.11 during mid-day trading on Thursday. Delhaize Group has a 52-week low of $20.90 and a 52-week high of $28.45. The firm has a 50-day moving average of $26.63 and a 200-day moving average of $25.88.
A number of analysts recently issued reports on DEG shares. Deutsche Bank AG reissued a “buy” rating on shares of Delhaize Group in a research note on Thursday, September 8th. Zacks Investment Research cut Delhaize Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 7th.
Delhaize Group Company Profile
Delhaize Group SA is a Belgium-based food retailer. The Company operates through three segments: the United States, including Food Lion and Hannaford banners; Belgium, including Delhaize Le Lion and AD Delhaize banners, and Southeastern Europe (SEE), including Alfa Beta, Mega Image and Shop&Go banners.
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