Bridgewater Associates LP Has Upped Its Stake in Macys INC (M) by $24.93 Million
Bridgewater Associates Lp bought 1.04 million shares as the company’s stock declined 2.74% . Bridgewater Associates Lp who had been investing in Macys Inc for a number of months, seems to be bullish on the $6.51B market cap company. Bridgewater Associates Lp, which manages about $16.33B US Long portfolio, decreased its stake in Murphy Oil Corp (NYSE:MUR) by 427,801 shares to 109,161 shares, valued at $3.20 million in 2019Q1, according to the filing. More interesting news about Macy's, Inc. (NYSE:M) were released by: Seekingalpha.com and their article: “Allergan beats Q2 consensus; revenue guidance raised – Seeking Alpha” published on August 06, 2019 as well as Schaeffersresearch.com‘s news article titled: “History Says This May Be a Retail Stock to Sell – Schaeffers Research” with publication date: July 15, 2019.