2 weeks Ago By ABMN Staff
Amalgamated Bank lowered its holdings in shares of News Co. ( NASDAQ:NWS – Free Report ) by 36.0% during the second quarter, HoldingsChannel reports.
The firm owned 23,431 shares of the company’s stock after selling 13,195 shares during the quarter. Amalgamated Bank’s holdings in News were worth $665,000 as of its most recent SEC filing. Several other institutional investors have also modified their holdings of the business.
Covestor Ltd boosted its position in shares of News by 69.9% during the first quarter. Covestor Ltd now owns 1,201 shares of the company’s stock worth $33,000 after buying an additional 494 shares during the period.
Fidelis Capital Partners LLC bought a new position in shares of News during the 1st quarter worth approximately $65,000. iA Global Asset Management Inc. acquired a new stake in shares of News in the first quarter valued at approximately $76,000.
ORG Partners LLC bought a new stake in shares of News in the second quarter worth $81,000. Finally, GAMMA Investing LLC boosted its holdings in News by 18.8% during the first quarter.
GAMMA Investing LLC now owns 3,392 shares of the company’s stock worth $92,000 after purchasing an additional 537 shares during the last quarter. Institutional investors own 14.63% of the company’s stock.
News Stock Up 0.4 % NWS stock opened at $27.87 on Friday.
The company has a market cap of $15.88 billion, a price-to-earnings ratio of 77.42 and a beta of 1.
37. News Co. has a twelve month low of $20.
01 and a twelve month high of $29.59. The business has a 50 day moving average price of $28.
14 and a two-hundred day moving average price of $27.38. The company has a quick ratio of 1.
33, a current ratio of 1.43 and a debt-to-equity ratio of 0.32.
News Announces Dividend The firm also recently declared a Semi-Annual dividend, which will be paid on Wednesday, October 9th. Investors of record on Wednesday, September 11th will be issued a dividend of $0.10 per share.
This represents a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 11th.
News’s payout ratio is currently 55.56%. Wall Street Analysts Forecast Growth Separately, Loop Capital raised shares of News to a “strong-buy” rating in a research report on Tuesday, September 10th.
Get Our Latest Analysis on News News Company Profile ( Free Report ) News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. Featured Articles Want to see what other hedge funds are holding NWS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for News Co. ( NASDAQ:NWS – Free Report ). Receive News & Ratings for News Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for News and related companies with MarketBeat.
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