Ascent Capital Group Inc. (NASDAQ:ASCMA) shares traded up 5.9% during trading on Tuesday . The stock traded as high as $17.21 and last traded at $17.02, with a volume of 56,839 shares traded. The stock had previously closed at $16.07.

Several research analysts have recently commented on the stock. Zacks Investment Research raised shares of Ascent Capital Group from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Monday, May 2nd. BB&T Corp. assumed coverage on shares of Ascent Capital Group in a report on Thursday, June 16th. They set a “hold” rating on the stock. Finally, Imperial Capital cut shares of Ascent Capital Group from an “outperform” rating to an “in-line” rating and set a $20.00 target price on the stock. in a report on Wednesday, June 22nd.

The stock has a 50 day moving average of $16.65 and a 200-day moving average of $14.66. The stock’s market cap is $215.88 million.

Ascent Capital Group (NASDAQ:ASCMA) last released its quarterly earnings results on Monday, May 9th. The company reported ($1.86) earnings per share for the quarter, topping the consensus estimate of ($1.89) by $0.03. Equities research analysts forecast that Ascent Capital Group Inc. will post ($5.72) earnings per share for the current fiscal year.

In other Ascent Capital Group news, VP William E. Niles sold 1,500 shares of the business’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $19.14, for a total value of $28,710.00. Following the transaction, the vice president now directly owns 66,408 shares in the company, valued at $1,271,049.12. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

An institutional investor recently raised its position in Ascent Capital Group stock. Dimensional Fund Advisors LP boosted its position in Ascent Capital Group Inc. (NASDAQ:ASCMA) by 1.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 629,851 shares of the company’s stock after buying an additional 7,478 shares during the period. Dimensional Fund Advisors LP owned approximately 4.85% of Ascent Capital Group worth $10,531,000 at the end of the most recent quarter.

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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