Integrated Quantitative Investments LLC Invests $304,000 in Reservoir Media, Inc. (NASDAQ:RSVR)

Integrated Quantitative Investments LLC bought a new stake in shares of Reservoir Media, Inc. (NASDAQ:RSVR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 33,600 shares of the company’s stock, valued at approximately $304,000.

Several other hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its stake in Reservoir Media by 6.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 63,951 shares of the company’s stock worth $519,000 after purchasing an additional 4,087 shares during the period. State Street Corp boosted its position in shares of Reservoir Media by 1.7% during the third quarter. State Street Corp now owns 374,862 shares of the company’s stock worth $3,040,000 after acquiring an additional 6,410 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Reservoir Media by 22.5% during the third quarter. Jane Street Group LLC now owns 53,018 shares of the company’s stock worth $430,000 after acquiring an additional 9,742 shares during the last quarter. Barclays PLC grew its stake in Reservoir Media by 44.1% during the third quarter. Barclays PLC now owns 60,988 shares of the company’s stock valued at $495,000 after acquiring an additional 18,675 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Reservoir Media by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 620,941 shares of the company’s stock valued at $5,037,000 after acquiring an additional 13,836 shares during the last quarter. Institutional investors own 44.38% of the company’s stock.

Reservoir Media Stock Down 1.1 %

RSVR opened at $7.05 on Friday. The company has a market capitalization of $459.89 million, a PE ratio of 64.10, a price-to-earnings-growth ratio of 7.16 and a beta of 0.90. The firm has a 50-day simple moving average of $7.73 and a two-hundred day simple moving average of $8.29. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.03. Reservoir Media, Inc. has a 52 week low of $6.83 and a 52 week high of $9.83.

Reservoir Media (NASDAQ:RSVR) last posted its earnings results on Wednesday, February 5th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. Reservoir Media had a return on equity of 2.20% and a net margin of 5.04%. Analysts forecast that Reservoir Media, Inc. will post 0.11 earnings per share for the current fiscal year.

About Reservoir Media

Reservoir Media, Inc operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.