Urban One, Inc. (NASDAQ:UONE) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in Urban One, Inc. (NASDAQ:UONE) by 9.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,288 shares of the company’s stock after selling 20,889 shares during the period. Dimensional Fund Advisors LP’s holdings in Urban One were worth $295,000 at the end of the most recent reporting period.

Separately, Barclays PLC increased its stake in Urban One by 501,907.1% during the fourth quarter. Barclays PLC now owns 70,281 shares of the company’s stock valued at $108,000 after purchasing an additional 70,267 shares during the last quarter. Institutional investors and hedge funds own 8.23% of the company’s stock.

Urban One Stock Up 1.2%

UONE stock opened at $1.72 on Friday. The firm has a fifty day moving average price of $1.44 and a two-hundred day moving average price of $1.47. The firm has a market cap of $78.46 million, a price-to-earnings ratio of -1.01 and a beta of 0.49. The company has a debt-to-equity ratio of 2.90, a current ratio of 2.91 and a quick ratio of 2.91. Urban One, Inc. has a 1-year low of $1.23 and a 1-year high of $3.33.

Urban One (NASDAQ:UONE) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $92.24 million for the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%.

Urban One Profile

Urban One, Inc, together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.