Ascent Capital Group Inc. (NASDAQ:ASCMA) shares rose 5.8% on Wednesday . The stock traded as high as $17.77 and last traded at $17.71, with a volume of 110,154 shares. The stock had previously closed at $16.74.

ASCMA has been the topic of several research reports. Zacks Investment Research raised Ascent Capital Group from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research report on Monday, May 2nd. BB&T Corp. initiated coverage on Ascent Capital Group in a report on Thursday, June 16th. They set a “hold” rating on the stock. Finally, Imperial Capital lowered Ascent Capital Group from an “outperform” rating to an “in-line” rating and set a $20.00 price objective on the stock. in a report on Wednesday, June 22nd.

The company’s market cap is $220.49 million. The company’s 50-day moving average price is $16.37 and its 200 day moving average price is $14.78.

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

In other Ascent Capital Group news, VP William E. Niles sold 1,500 shares of the stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $19.14, for a total transaction of $28,710.00. Following the completion of the transaction, the vice president now owns 66,408 shares in the company, valued at approximately $1,271,049.12. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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