November 24, 2016 - By Marguerite Chambers · 0 Comments
The stock of Ascent Capital Group Srs A (NASDAQ:ASCMA) registered a decrease of 7.92% in short interest. ASCMA’s total short interest was 373,100 shares in November as published by FINRA. Its down 7.92% from 405,200 shares, reported previously. With 45,800 shares average volume, it will take short sellers 8 days to cover their ASCMA’s short positions. The short interest to Ascent Capital Group Srs A’s float is 3.99%. The stock decreased 0.25% or $0.05 on November 23, hitting $19.84. About 27,286 shares traded hands. Ascent Capital Group Inc (NASDAQ:ASCMA) has risen 26.45% since April 22, 2016 and is uptrending. It has outperformed by 21.04% the S&P500.
Ascent Capital Group, Inc. is a holding company. The company has a market cap of $250.13 million. The Company’s divisions include Monitronics, LiveWatch and Other Activities. It currently has negative earnings. The Company’s subsidiaries include Monitronics International, Inc. and LiveWatch Security, LLC (LiveWatch).
Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.21, from 0.79 in 2016Q1. The ratio increased, as 13 funds sold all Ascent Capital Group Inc shares owned while 39 reduced positions. 13 funds bought stakes while 28 increased positions. They now own 9.87 million shares or 6.88% less from 10.60 million shares in 2016Q1.
Clearbridge Ltd Liability owns 80,285 shares or 0% of their US portfolio. Blackrock Group Inc Limited has invested 0% of its portfolio in Ascent Capital Group Inc (NASDAQ:ASCMA). Amer Gru accumulated 0% or 5,875 shares. Jpmorgan Chase And accumulated 0% or 630,928 shares. Group Incorporated One Trading L P accumulated 11,671 shares or 0% of the stock. Vanguard Inc has 0% invested in the company for 426,230 shares. Ladenburg Thalmann Service last reported 7 shares in the company. Brown Brothers Harriman And has invested 0% of its portfolio in Ascent Capital Group Inc (NASDAQ:ASCMA). Paloma Ptnrs Mngmt has invested 0% of its portfolio in Ascent Capital Group Inc (NASDAQ:ASCMA). Glenmede Tru Co Na, a Pennsylvania-based fund reported 31 shares. Spark Mgmt Limited Liability owns 63,200 shares or 0.09% of their US portfolio. Schwab Charles Invest last reported 0% of its portfolio in the stock. Blackrock Inc holds 0% of its portfolio in Ascent Capital Group Inc (NASDAQ:ASCMA) for 8,270 shares. Credit Suisse Ag holds 0% of its portfolio in Ascent Capital Group Inc (NASDAQ:ASCMA) for 37,749 shares. Invesco Ltd holds 0% or 68,758 shares in its portfolio.
Insider Transactions: Since June 1, 2016, the stock had 0 insider buys, and 10 sales for $2.54 million net activity. Shares for $47,882 were sold by Pohl Michael J. 5,407 shares were sold by Meyers Michael R, worth $106,888 on Monday, November 14. $65,087 worth of shares were sold by NILES WILLIAM E on Thursday, November 10. Okumus Fund Management Ltd. also sold $1.85M worth of Ascent Capital Group Inc (NASDAQ:ASCMA) on Thursday, November 17.
Out of 4 analysts covering Ascent Capital Group Inc (NASDAQ:ASCMA), 2 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 50% are positive. Ascent Capital Group Inc has been the topic of 8 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by BB&T Capital on Thursday, June 16. The stock has “Sell” rating given by Zacks on Wednesday, September 2. Imperial Capital maintained Ascent Capital Group Inc (NASDAQ:ASCMA) rating on Thursday, August 11. Imperial Capital has “In-Line” rating and $21 price target. The firm has “In-Line” rating by Imperial Capital given on Wednesday, June 22. The firm has “Outperform” rating given on Thursday, November 12 by Imperial Capital. The firm earned “Outperform” rating on Wednesday, November 9 by Imperial Capital.
Ascent Capital Group, Inc., incorporated on May 29, 2008, is a holding company. The Company’s divisions 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. Monitronics performs monitoring services for subscribers located in all 50 states, the District of Columbia, Puerto Rico and Canada.
Another recent and important Ascent Capital Group Inc (NASDAQ:ASCMA) news was published by Marketwatch.com which published an article titled: “Ascent Capital started at hold at BB&T Capital” on January 21, 2011.
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By Marguerite Chambers