Rutabaga Capital Managementma Lowers stake in Horizon Global Corp (HZN)

Horizon Global Corp (HZN) : Rutabaga Capital Managementma reduced its stake in Horizon Global Corp by 27.72% during the most recent quarter end. The investment management company now holds a total of 626,078 shares of Horizon Global Corp which is valued at $8,257,969 after selling 240,100 shares in Horizon Global Corp , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Horizon Global Corp makes up approximately 1.43% of Rutabaga Capital Managementma’s portfolio.

Other Hedge Funds, Including , Rmb Capital Management boosted its stake in HZN in the latest quarter, The investment management firm added 29,970 additional shares and now holds a total of 317,654 shares of Horizon Global Corp which is valued at $4,189,856. Horizon Global Corp makes up approx 0.29% of Rmb Capital Management’s portfolio.California State Teachers Retirement System reduced its stake in HZN by selling 100 shares or 0.26% in the most recent quarter. The Hedge Fund company now holds 38,295 shares of HZN which is valued at $505,111.Northpointe Capital boosted its stake in HZN in the latest quarter, The investment management firm added 12,206 additional shares and now holds a total of 223,567 shares of Horizon Global Corp which is valued at $2,884,014. Horizon Global Corp makes up approx 0.33% of Northpointe Capital’s portfolio. Bnp Paribas Arbitrage Sa added HZN to its portfolio by purchasing 731 company shares during the most recent quarter which is valued at $8,165.

Horizon Global Corporation is a designer manufacturer and distributor of a range of custom-engineered towing trailer and cargo management products and other accessories. The Company operates through two segments: Cequent Americas which focuses on the North and South American markets and Cequent APEA which focuses on its sales and manufacturing in the Asia Pacific Europe and Africa regions of the world. Its Cequent Americas segment is a manufacturer and provider of aftermarket and original equipment manufacturer (OEM) towing and trailer products and accessories and towing trailer vehicle protection and cargo management solutions. Its products are designed to support OEMs original equipment suppliers’ retail and aftermarket customers within the agricultural automotive construction horse or livestock industrial marine military recreational trailer and utility markets. Its products are used in commercial applications and recreational activities.

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