Longfellow Investment Management Co. LLC Acquires Shares of 4,822 Global Blue Group Holding AG (NYSE:GB)

Longfellow Investment Management Co. LLC acquired a new stake in Global Blue Group Holding AG (NYSE:GB) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,822 shares of the company’s stock, valued at approximately $35,000.

A number of other institutional investors also recently bought and sold shares of the business. Wells Fargo & Company MN purchased a new stake in shares of Global Blue Group in the fourth quarter valued at about $79,000. XTX Topco Ltd purchased a new stake in Global Blue Group during the fourth quarter worth about $87,000. FNY Investment Advisers LLC purchased a new stake in Global Blue Group during the first quarter worth about $116,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in Global Blue Group during the first quarter worth about $213,000. Finally, SG Americas Securities LLC purchased a new stake in Global Blue Group during the first quarter worth about $294,000. 89.66% of the stock is currently owned by institutional investors and hedge funds.

Global Blue Group Stock Up 0.1%

GB stock opened at $7.48 on Tuesday. The company has a market cap of $1.49 billion, a P/E ratio of 20.20 and a beta of 0.44. Global Blue Group Holding AG has a 52 week low of $4.40 and a 52 week high of $8.00. The company’s 50-day moving average price is $7.42 and its 200 day moving average price is $7.32. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 3.69.

Global Blue Group (NYSE:GB) last announced its quarterly earnings results on Wednesday, June 4th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.02. Global Blue Group had a net margin of 16.56% and a return on equity of 45.20%. The company had revenue of $137.18 million for the quarter, compared to the consensus estimate of $130.33 million. On average, research analysts expect that Global Blue Group Holding AG will post 0.3 earnings per share for the current fiscal year.

About Global Blue Group

Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).