Procurement News Notice |
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| PNN | 4872 |
| Work Detail | Iconix Brand Group Inc (ICON) : Zazove Associates added new position in Iconix Brand Group Inc during the most recent quarter end. The investment management firm now holds 112,096 shares of Iconix Brand Group Inc which is valued at $902,373 , the company said in a statement filed on Aug 12, 2016 with the SEC.Iconix Brand Group Inc makes up approximately 0.42% of Zazove Associates’s portfolio. Other Hedge Funds, Including , Credit Suisse Ag boosted its stake in ICON in the latest quarter, The investment management firm added 39,850 additional shares and now holds a total of 69,381 shares of Iconix Brand Group Inc which is valued at $558,517.Canada Pension Plan Investment Board reduced its stake in ICON by selling 261,500 shares or 35.79% in the most recent quarter. The Hedge Fund company now holds 469,122 shares of ICON which is valued at $3,776,432. Iconix Brand Group Inc makes up approx 0.01% of Canada Pension Plan Investment Board’s portfolio.Blackrock Investment Management boosted its stake in ICON in the latest quarter, The investment management firm added 10,139 additional shares and now holds a total of 207,782 shares of Iconix Brand Group Inc which is valued at $1,672,645. Evercore Wealth Management added ICON to its portfolio by purchasing 1,000 company shares during the most recent quarter which is valued at $13,700. Iconix Brand Group Inc opened for trading at $8.55 and hit $8.79 on the upside on Monday, eventually ending the session at $8.59, with a gain of 1.06% or 0.09 points. The heightened volatility saw the trading volume jump to 5,17,282 shares. Company has a market cap of $482 M. On the company’s financial health, Iconix Brand Group Inc reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.22. The company had revenue of $95.74 million for the quarter, compared to analysts expectations of $95.22 million. The company’s revenue was down -1.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.45 EPS. Iconix Brand Group Inc. is a brand management company and owner of a diversified portfolio of 35 global consumer brands across women’s men’s entertainment and home. The Company’s brand portfolio includes Candie’s Bongo Badgley Mischka Joe Boxer Rampage Mudd London Fog Mossimo Ocean Pacific (OP) Danskin Rocawear Cannon Royal Velvet Fieldcrest Charisma Starter Waverly Zoo York Sharper Image Umbro Lee Cooper Ecko Unltd. Marc Ecko and Strawberry Shortcake. The Company also has interest in Artful Dodger Material Girl Peanuts Ed Hardy Truth or Dare Billionaire Boys Club Ice Cream Modern Amusement Buffalo Nick Graham Pony and Hydraulic brands. The Company licenses its brands with respect to a range of products including apparel footwear fashion accessories sportswear home products and decor and beauty and fragrance and in the case of its Sharper Image brand consumer electronics and novelty products. |
| Country | United States , Northern America |
| Industry | Financial Services |
| Entry Date | 03 Sep 2016 |
| Source | http://www.tradecalls.org/2016/08/zazove-associates-adds-iconix-brand-group-inc-icon-to-its-portfolio-378622/ |
