Thrivent Financial for Lutherans continued to hold its position in Ascent Capital Group Inc (NASDAQ:ASCMA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,620 shares of the company’s stock at the end of the fourth quarter. Thrivent Financial for Lutherans’ holdings in Ascent Capital Group were worth $856,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Citadel Advisors LLC purchased a new position in Ascent Capital Group during the third quarter worth about $291,000. JPMorgan Chase & Co. boosted its position in Ascent Capital Group by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 638,507 shares of the company’s stock worth $14,793,000 after buying an additional 7,579 shares during the period. Nationwide Fund Advisors boosted its position in Ascent Capital Group by 32.6% in the third quarter. Nationwide Fund Advisors now owns 64,283 shares of the company’s stock worth $1,489,000 after buying an additional 15,809 shares during the period. Renaissance Technologies LLC boosted its position in Ascent Capital Group by 6.6% in the fourth quarter. Renaissance Technologies LLC now owns 893,400 shares of the company’s stock worth $14,527,000 after buying an additional 55,500 shares during the period. Finally, GSA Capital Partners LLP boosted its position in Ascent Capital Group by 201.6% in the fourth quarter. GSA Capital Partners LLP now owns 52,502 shares of the company’s stock worth $854,000 after buying an additional 35,096 shares during the period. Hedge funds and other institutional investors own 85.84% of the company’s stock.
Ascent Capital Group Inc (NASDAQ:ASCMA) opened at 14.25 on Monday. The company’s market cap is $172.65 million. The stock has a 50 day moving average price of $15.67 and a 200 day moving average price of $18.43. Ascent Capital Group Inc has a one year low of $11.78 and a one year high of $26.16.
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Several brokerages have recently weighed in on ASCMA. Imperial Capital restated an “outperform” rating and issued a $21.00 price objective on shares of Ascent Capital Group in a report on Saturday, January 7th. Zacks Investment Research cut Ascent Capital Group from a “hold” rating to a “sell” rating in a report on Wednesday, January 4th.
Ascent Capital Group Company Profile
Ascent Capital Group, Inc is a holding company. The Company’s segments include Monitronics, LiveWatch and Other Activities. The Company’s subsidiaries include Monitronics International, Inc (Monitronics) and LiveWatch Security, LLC (LiveWatch). Monitronics provides a range of residential security services, including hands-free two-way interactive voice communication with the monitoring center, cellular options, and an interactive service option, which allows the customer to control their security system remotely using a computer or smart phone.
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