U.S. Zweig DiMenna buys new stake in MDC for about $23.6 mln

02/27/2019 7:29:00 AM (GMT)

Zweig DiMenna Associates LLC, a U.S.-based hedge fund manager, has secured a new stake in construction and financial services company MDC. Holdings.

The company acquired 840,963 shares of MDC’s stock for about $23.6 million.

MDC’s stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 11.84.

The company’s revenue during last quarter was $766 million.

Zweig DiMenna Associates LLC

All success stories are prepared by Investsize editors which is selecting elite and remarkable information from press releases and anonymous news sources.There is no charge applied for any success stories which is published . Those published success stories are not investment advices and doesnt offer recommendations Alternate Text