Gamco Investors INC. ET AL Grows Holdings in Lee Enterprises, Incorporated (NYSE:LEE)

Gamco Investors INC. ET AL grew its holdings in Lee Enterprises, Incorporated (NYSE:LEEFree Report) by 17.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,950 shares of the company’s stock after purchasing an additional 11,200 shares during the period. Gamco Investors INC. ET AL owned approximately 1.22% of Lee Enterprises worth $792,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of LEE. Barclays PLC bought a new stake in Lee Enterprises during the 4th quarter worth approximately $36,000. Captrust Financial Advisors bought a new stake in Lee Enterprises during the 2nd quarter worth approximately $105,000. Susquehanna International Group LLP bought a new stake in Lee Enterprises during the 1st quarter worth approximately $135,000. Stifel Financial Corp bought a new stake in Lee Enterprises during the 1st quarter worth approximately $148,000. Finally, Janney Montgomery Scott LLC increased its holdings in Lee Enterprises by 10.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 12,191 shares of the company’s stock worth $163,000 after acquiring an additional 1,165 shares during the period. Institutional investors own 44.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Lee Enterprises from a “hold” rating to a “buy” rating in a report on Saturday, December 16th.

Check Out Our Latest Stock Report on LEE

Lee Enterprises Trading Up 3.2 %

Shares of NYSE:LEE opened at $10.09 on Friday. The company’s fifty day moving average price is $9.24 and its 200-day moving average price is $10.34. Lee Enterprises, Incorporated has a one year low of $7.56 and a one year high of $19.42. The company has a debt-to-equity ratio of 20.47, a current ratio of 0.94 and a quick ratio of 0.87.

Lee Enterprises (NYSE:LEEGet Free Report) last issued its quarterly earnings results on Thursday, December 7th. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of $1.40 by ($1.72). The company had revenue of $164.01 million during the quarter, compared to the consensus estimate of $173.40 million. Lee Enterprises had a negative return on equity of 30.92% and a negative net margin of 0.86%.

Lee Enterprises Company Profile

(Free Report)

Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers digital subscription platforms; daily, weekly, and monthly newspapers and niche publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services, and reputation monitoring and management.

Further Reading

Institutional Ownership by Quarter for Lee Enterprises (NYSE:LEE)

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