Gamco Investors INC. ET AL lessened its position in shares of Ascent Capital Group Inc Series A (NASDAQ:ASCMA) by 22.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 490,622 shares of the industrial products company’s stock after selling 139,913 shares during the period. Gamco Investors INC. ET AL owned approximately 3.96% of Ascent Capital Group Inc Series A worth $1,379,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. LMR Partners LLP bought a new position in Ascent Capital Group Inc Series A in the 2nd quarter valued at approximately $110,000. Deutsche Bank AG lifted its stake in Ascent Capital Group Inc Series A by 137.1% in the 4th quarter. Deutsche Bank AG now owns 24,851 shares of the industrial products company’s stock valued at $284,000 after purchasing an additional 14,371 shares during the last quarter. Tricadia Capital Management LLC bought a new position in Ascent Capital Group Inc Series A in the 1st quarter valued at approximately $653,000. AEGON USA Investment Management LLC bought a new position in Ascent Capital Group Inc Series A in the 1st quarter valued at approximately $1,138,000. Finally, Schwab Charles Investment Management Inc. lifted its stake in Ascent Capital Group Inc Series A by 63.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 377,916 shares of the industrial products company’s stock valued at $1,391,000 after purchasing an additional 147,375 shares during the last quarter. 70.74% of the stock is owned by institutional investors and hedge funds.

ASCMA stock opened at $2.09 on Friday. Ascent Capital Group Inc Series A has a 52-week low of $1.68 and a 52-week high of $14.15. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of -12.96.

Ascent Capital Group Inc Series A (NASDAQ:ASCMA) last released its quarterly earnings results on Thursday, August 2nd. The industrial products company reported ($2.43) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($3.08) by $0.65. Ascent Capital Group Inc Series A had a negative net margin of 59.27% and a negative return on equity of 166.55%. The firm had revenue of $135.01 million during the quarter, compared to the consensus estimate of $134.21 million. analysts forecast that Ascent Capital Group Inc Series A will post -9.86 EPS for the current fiscal year.

Several research firms have recently issued reports on ASCMA. ValuEngine raised shares of Ascent Capital Group Inc Series A from a “hold” rating to a “buy” rating in a research note on Thursday. Zacks Investment Research raised shares of Ascent Capital Group Inc Series A from a “sell” rating to a “hold” rating in a research note on Wednesday, June 27th.

About Ascent Capital Group Inc Series A

Ascent Capital Group, Inc, through its subsidiary, Monitronics International, Inc, provides security alarm monitoring services to residential and commercial customers in the United States, Canada, the District of Columbia, and Puerto Rico. The company provides monitoring services for alarm signals arising from burglaries, fires, medical alerts, and other events through security systems at customers' premises.

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Institutional Ownership by Quarter for Ascent Capital Group Inc Series A (NASDAQ:ASCMA)

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