Libbey Inc. (LBY) Stake Lowered by Jane Street Group LLC

Jane Street Group LLC decreased its stake in shares of Libbey Inc. (NYSEAMERICAN:LBY) by 32.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,388 shares of the company’s stock after selling 9,714 shares during the quarter. Jane Street Group LLC owned about 0.09% of Libbey worth $79,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Libbey by 133.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 260,578 shares of the company’s stock valued at $2,280,000 after purchasing an additional 148,831 shares during the period. BlackRock Inc. grew its position in Libbey by 63.2% in the 3rd quarter. BlackRock Inc. now owns 438,014 shares of the company’s stock valued at $3,832,000 after purchasing an additional 169,676 shares during the period. Vanguard Group Inc. grew its position in Libbey by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,042,618 shares of the company’s stock valued at $9,123,000 after purchasing an additional 44,226 shares during the period. Vanguard Group Inc grew its position in Libbey by 4.4% in the 3rd quarter. Vanguard Group Inc now owns 1,042,618 shares of the company’s stock valued at $9,123,000 after purchasing an additional 44,226 shares during the period. Finally, Boston Partners grew its position in Libbey by 62.2% in the 4th quarter. Boston Partners now owns 1,238,392 shares of the company’s stock valued at $4,805,000 after purchasing an additional 475,022 shares during the period.

Separately, Zacks Investment Research cut Libbey from a “hold” rating to a “strong sell” rating in a research note on Saturday, March 2nd.

Shares of NYSEAMERICAN:LBY opened at $2.65 on Monday. Libbey Inc. has a 1-year low of $2.45 and a 1-year high of $11.54.

Libbey (NYSEAMERICAN:LBY) last issued its quarterly earnings data on Wednesday, February 20th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.42). The business had revenue of $211.64 million during the quarter.

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Libbey Profile

Libbey Inc designs, produces, and sells tableware and other products in the United States, Canada, Latin America, Europe, the Middle East, Africa, and internationally. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and other items; storage ware; serve ware; bakeware; handmade glass tableware; and other components for original equipment manufacturers, such as blender jars and mixing bowls.

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Institutional Ownership by Quarter for Libbey (NYSEAMERICAN:LBY)

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