Ascent Capital Group Inc (ASCMA) Shares Obtained by Strs Ohio

Ascent Capital Group Inc (ASCMA) Shares Obtained by Strs Ohio

Strs Ohio boosted its position in shares of Ascent Capital Group Inc (NASDAQ:ASCMA) by 10.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,300 shares of the industrial products company’s stock after buying an additional 3,700 shares during the period. Strs Ohio’s holdings in Ascent Capital Group were worth $569,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ASCMA. Citadel Advisors LLC purchased a new stake in Ascent Capital Group during the third quarter worth $291,000. A.R.T. Advisors LLC purchased a new stake in Ascent Capital Group during the fourth quarter worth $214,000. First Manhattan Co. raised its stake in Ascent Capital Group by 14.5% in the first quarter. First Manhattan Co. now owns 14,566 shares of the industrial products company’s stock worth $337,000 after buying an additional 1,842 shares in the last quarter. Teachers Advisors LLC raised its stake in Ascent Capital Group by 21.7% in the fourth quarter. Teachers Advisors LLC now owns 21,381 shares of the industrial products company’s stock worth $348,000 after buying an additional 3,808 shares in the last quarter. Finally, Two Sigma Investments LP raised its stake in Ascent Capital Group by 31.6% in the fourth quarter. Two Sigma Investments LP now owns 38,342 shares of the industrial products company’s stock worth $623,000 after buying an additional 9,217 shares in the last quarter. Institutional investors and hedge funds own 85.84% of the company’s stock.

Shares of Ascent Capital Group Inc (ASCMA) opened at 14.82 on Friday. Ascent Capital Group Inc has a 52-week low of $11.55 and a 52-week high of $26.16. The company’s market cap is $179.83 million. The stock’s 50 day moving average is $13.48 and its 200 day moving average is $15.60.

Ascent Capital Group (NASDAQ:ASCMA) last announced its earnings results on Tuesday, May 9th. The industrial products company reported ($1.56) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.61) by $0.05. Ascent Capital Group had a negative return on equity of 34.98% and a negative net margin of 18.08%. The firm had revenue of $141.20 million for the quarter, compared to analyst estimates of $142.20 million. Equities analysts forecast that Ascent Capital Group Inc will post ($7.24) EPS for the current year.

A number of analysts have weighed in on the stock. Imperial Capital reduced their price objective on shares of Ascent Capital Group from $21.00 to $15.00 and set an “outperform” rating for the company in a research note on Thursday, May 11th. Zacks Investment Research downgraded shares of Ascent Capital Group from a “hold” rating to a “sell” rating in a report on Friday, May 12th.

Ascent Capital Group Company Profile

Ascent Capital Group, Inc is a holding company. The Company’s subsidiaries include Monitronics International, Inc (MONI) and LiveWatch Security, LLC (LiveWatch). The Company’s segments include MONI, LiveWatch and Other Activities. The MONI segment is primarily engaged in the business of providing security alarm monitoring services: monitoring signals arising from burglaries, fires, medical alerts and other events through security systems at subscribers’ premises, as well as providing customer service and technical support.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:ASCMA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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