Shares of Ascent Capital Group Inc. (NASDAQ:ASCMA) rose 5.4% on Wednesday . The stock traded as high as $20.93 and last traded at $20.11, with a volume of 90,200 shares traded. The stock had previously closed at $19.08.

ASCMA has been the topic of several recent analyst reports. Imperial Capital lowered Ascent Capital Group from an “outperform” rating to an “in-line” rating and set a $20.00 price target on the stock. in a research note on Wednesday, June 22nd. BB&T Corp. started coverage on Ascent Capital Group in a research note on Thursday, June 16th. They issued a “hold” rating on the stock. Finally, Zacks Investment Research lowered Ascent Capital Group from a “buy” rating to a “hold” rating in a research note on Tuesday, July 19th.

The stock has a 50 day moving average of $16.48 and a 200 day moving average of $14.96. The firm’s market capitalization is $242.40 million.

Ascent Capital Group (NASDAQ:ASCMA) last issued its earnings results on Monday, May 9th. The company reported ($1.86) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($1.89) by $0.03. Analysts predict that Ascent Capital Group Inc. will post ($5.72) EPS for the current fiscal year.

In other news, VP William E. Niles sold 1,500 shares of Ascent Capital Group stock in a transaction dated Monday, August 1st. The stock was sold at an average price of $16.85, for a total value of $25,275.00. Following the completion of the transaction, the vice president now directly owns 63,408 shares of the company’s stock, valued at approximately $1,068,424.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

An institutional investor recently raised its position in Ascent Capital Group stock. Dimensional Fund Advisors LP increased its position 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 about 4.85% of Ascent Capital Group worth $10,531,000 as of its most recent filing with the SEC.

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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