Legal & General Group Plc Invests $14.09 Million in Old Market Capital Corporation $OMCC

Legal & General Group Plc acquired a new stake in Old Market Capital Corporation (NASDAQ:OMCC) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 344,243 shares of the company’s stock, valued at approximately $14,086,000. Legal & General Group Plc owned 4.98% of Old Market Capital as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Sandia Investment Management LP raised its holdings in shares of Old Market Capital by 13.0% during the fourth quarter. Sandia Investment Management LP now owns 40,491 shares of the company’s stock worth $210,000 after acquiring an additional 4,649 shares during the period. Diversify Advisory Services LLC acquired a new position in shares of Old Market Capital during the second quarter worth about $203,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Old Market Capital in the 2nd quarter valued at approximately $201,000. Meiji Yasuda Asset Management Co Ltd. acquired a new position in Old Market Capital during the 2nd quarter worth approximately $210,000. Finally, GSA Capital Partners LLP bought a new position in Old Market Capital in the second quarter valued at $263,000. Institutional investors own 39.87% of the company’s stock.

Old Market Capital Price Performance

NASDAQ:OMCC opened at $4.50 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.31 and a current ratio of 4.55. The stock’s 50-day simple moving average is $4.28 and its 200 day simple moving average is $4.35. The company has a market cap of $31.09 million, a P/E ratio of -14.52 and a beta of 0.83. Old Market Capital Corporation has a 52-week low of $2.72 and a 52-week high of $5.99.

Old Market Capital Profile

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.