D. E. Shaw & Co. Inc. raised its position in Libbey Inc. (NYSEMKT:LBY) by 0.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 429,687 shares of the company’s stock after buying an additional 3,384 shares during the period. D. E. Shaw & Co. Inc. owned about 1.97% of Libbey worth $7,670,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Rutabaga Capital Management LLC MA boosted its stake in Libbey by 160.7% in the third quarter. Rutabaga Capital Management LLC MA now owns 472,978 shares of the company’s stock worth $7,572,000 after buying an additional 291,536 shares during the period. Rothschild Asset Management Inc. bought a new position in shares of Libbey during the third quarter valued at about $4,480,000. Royal Bank of Canada boosted its position in shares of Libbey by 6.7% in the second quarter. Royal Bank of Canada now owns 2,511,349 shares of the company’s stock valued at $39,905,000 after buying an additional 158,359 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Libbey by 145.8% in the second quarter. JPMorgan Chase & Co. now owns 86,592 shares of the company’s stock valued at $1,375,000 after buying an additional 51,358 shares during the period. Finally, Citadel Advisors LLC boosted its position in shares of Libbey by 310.8% in the third quarter. Citadel Advisors LLC now owns 62,763 shares of the company’s stock valued at $1,120,000 after buying an additional 47,484 shares during the period.
Libbey Inc. (NYSEMKT:LBY) traded up 1.19% during trading on Friday, reaching $17.93. The company’s stock had a trading volume of 70,141 shares. The firm has a 50 day moving average of $18.19 and a 200 day moving average of $17.92. Libbey Inc. has a 52 week low of $14.90 and a 52 week high of $21.00. The stock has a market capitalization of $391.64 million, a price-to-earnings ratio of 8.89 and a beta of 1.25.
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Libbey Company Profile
Libbey Inc is a manufacturer and marketer of glass tableware products. The Company’s segments include U.S. & Canada; Latin America; Europe, the Middle East and Africa (EMEA), and Other. The U.S. & Canada segment includes the sales of manufactured and sourced glass tableware and sourced ceramic dinnerware, metal tableware, hollowware and serveware having an end market destination in the United States and Canada.
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