2 weeks Ago By ABMN Staff
Renaissance Technologies LLC lessened its holdings in Townsquare Media, Inc. ( NYSE:TSQ – Free Report ) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 468,752 shares of the company’s stock after selling 14,400 shares during the quarter. Renaissance Technologies LLC’s holdings in Townsquare Media were worth $4,261,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also bought and sold shares of TSQ.
Wells Fargo & Company MN raised its holdings in shares of Townsquare Media by 56.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,296 shares of the company’s stock worth $57,000 after purchasing an additional 2,259 shares during the last quarter.
Wealthfront Advisers LLC purchased a new position in shares of Townsquare Media during the 4th quarter valued at about $69,000. Russell Investments Group Ltd. lifted its holdings in shares of Townsquare Media by 1,086.
0% in the 4th quarter. Russell Investments Group Ltd. now owns 8,409 shares of the company’s stock valued at $76,000 after buying an additional 7,700 shares during the period.
Hillsdale Investment Management Inc. boosted its stake in shares of Townsquare Media by 47.0% in the fourth quarter.
Hillsdale Investment Management Inc. now owns 27,200 shares of the company’s stock worth $247,000 after buying an additional 8,700 shares during the last quarter. Finally, Trexquant Investment LP grew its holdings in Townsquare Media by 122.
8% during the fourth quarter. Trexquant Investment LP now owns 28,353 shares of the company’s stock worth $258,000 after acquiring an additional 15,628 shares during the period. 71.
69% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes Several equities research analysts have commented on the company. Barrington Research restated an “outperform” rating and issued a $15.
00 price objective on shares of Townsquare Media in a research report on Tuesday, March 18th. Noble Financial reaffirmed an “outperform” rating and issued a $21.00 price objective on shares of Townsquare Media in a report on Friday, January 24th.
Finally, StockNews.com upgraded Townsquare Media from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. Townsquare Media Stock Performance NYSE:TSQ opened at $6.
77 on Tuesday. The company has a fifty day moving average of $7.93 and a two-hundred day moving average of $9.
10. Townsquare Media, Inc. has a fifty-two week low of $6.
58 and a fifty-two week high of $12.92. The stock has a market capitalization of $109.
13 million, a PE ratio of -2.50, a P/E/G ratio of 0.58 and a beta of 1.
01. Townsquare Media ( NYSE:TSQ – Get Free Report ) last posted its quarterly earnings data on Monday, March 17th. The company reported $0.
60 EPS for the quarter, hitting the consensus estimate of $0.60. The company had revenue of $117.
81 million during the quarter, compared to analyst estimates of $116.41 million. Townsquare Media had a negative return on equity of 57.
10% and a negative net margin of 8.84%. During the same period in the previous year, the business earned $0.
34 EPS. Research analysts forecast that Townsquare Media, Inc. will post 1.
07 earnings per share for the current year. Townsquare Media Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.
20 per share. This is a positive change from Townsquare Media’s previous quarterly dividend of $0.20.
The ex-dividend date of this dividend is Thursday, April 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.
82%. Townsquare Media’s dividend payout ratio is presently -69.57%.
Townsquare Media Profile ( Free Report ) Townsquare Media, Inc operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.
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