Fiona Flannery Buys Shares of The New Germany Fund, Inc.
Fiona Flannery acquired 12 shares of The New Germany Fund, Inc., marking her latest investment move.
Key Points
- Fiona Flannery purchased 12 shares of The New Germany Fund, Inc. at $11.48 each on June 29, 2026, totaling $137.76.
- The New Germany Fund, Inc. had a market cap of $186.7 million and a P/E ratio of 3.35 as of Tuesday.
- SABA Capital Management increased its holdings by 384,585 shares, totaling 2,595,140 shares worth about $26.5 million.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 29, 2026, Fiona Flannery bought 12 shares of The New Germany Fund, Inc. (NYSE:GF) at $11.48 per share. This transaction, totaling $137.76, showcases her ongoing investment in the company.
Other Institutional Activity in The New Germany Fund, Inc.
SABA Capital Management, L.P. grew its holdings by 384,585 shares, ending with 2,595,140 shares worth about $26.5 million. Lazard Asset Management LLC trimmed its position by 10,112 shares to hold 2,336,184 shares valued at approximately $23.9 million. Allspring Global Investments Holdings, LLC reduced its stake by 122,303 shares, resulting in a total of 2,019,613 shares valued at $20.6 million. Meanwhile, Bulldog Investors, LLP added 30,817 shares, bringing its total to 532,074 shares worth around $5.4 million.
The New Germany Fund, Inc. Stock Down 2.8%
Shares of NYSE:GF traded near $11.61 on Tuesday. The New Germany Fund, Inc. has a market cap of $186.7 million and a P/E ratio of 3.35, with a beta of 0.978. The stock's 52-week range is between $9.98 and $12.82, with a 50-day moving average of $11.80 and a 200-day moving average of $11.45. The company's current ratio stands at 0.951, with a quick ratio of 0.036 and a debt-to-equity ratio of 13.187.
$GF stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
The fund reported revenue of approximately $3.7 million, reflecting a growth rate of 1.19%. It achieved a net margin of about 15% and a return on equity of 31%. The next earnings report is expected on March 7, 2024.
Dividend
The New Germany Fund, Inc. offers an annual dividend rate of $0.28, yielding 2.47% with a payout ratio of 4.32%.
Insider Buying and Selling at The New Germany Fund, Inc.
On June 29, 2026, Fiona Flannery purchased 12 shares at $11.48 each. Wolfgang Helmut Leoni also bought 17 shares on the same day at the same price. Additionally, SABA Capital Management, L.P. made several purchases in June, including 4 shares on June 22 at $11.79 and 10,176 shares on June 17 at $11.81.
About The New Germany Fund, Inc.
The New Germany Fund, Inc. is a closed-ended equity mutual fund launched by Deutsche Investment Management Americas Inc. and managed by Deutsche Asset Management International GmbH. The fund focuses on investing in public equity markets in Germany, particularly in small and mid-cap companies across diverse sectors. It benchmarks its portfolio performance against the Midcap Market Performance Index. Established in 1990, the fund is headquartered in Frankfurt am Main, Germany, under the leadership of CEO Ms. Linda Lonneberg.
Bottom Line
Fiona Flannery's recent purchase of The New Germany Fund, Inc. shares highlights her continued interest in the company's potential. With a solid market position and ongoing institutional activity, the fund remains a point of interest for investors. As with all 13F filings, these insider transactions are historical and may not reflect current positions.
Get The New Germany Fund, Inc. alerts
New 13F filings, insider trades, and analyst moves on $GF, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.