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P2 Capital Partners Starts Reducing Stake In UTi Worldwide Inc.

2014-09-11 04:22:51| Logistics - Topix.net

Should investors beware of UTi Worldwide Inc. stock? Claus Moller seems to think it's time to reduce exposure to this stock, as he has reduced his fund's investment in the company by 418,759 shares. According to a recent filing with the Securities and Exchange Commission, Moller's fund, P2 Capital Partners has decreased its stake to 23.7 million shares of UTi Worldwide Inc. , which account for roughly 20% of the company's common stock.

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