Shah Capital Management Acquires Shares of 1,800,000 USA Today Co. $TDAY

Shah Capital Management acquired a new position in shares of USA Today Co. (NYSE:TDAY) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,800,000 shares of the company’s stock, valued at approximately $9,270,000. USA Today comprises about 1.8% of Shah Capital Management’s portfolio, making the stock its 9th biggest holding. Shah Capital Management owned 1.22% of USA Today as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC lifted its position in shares of USA Today by 47.6% during the first quarter. AQR Capital Management LLC now owns 566,994 shares of the company’s stock valued at $1,639,000 after purchasing an additional 182,824 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in USA Today by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 84,362 shares of the company’s stock worth $244,000 after purchasing an additional 3,588 shares in the last quarter. Empowered Funds LLC grew its position in USA Today by 2.0% in the 1st quarter. Empowered Funds LLC now owns 951,925 shares of the company’s stock worth $2,751,000 after purchasing an additional 18,933 shares in the last quarter. Strs Ohio purchased a new stake in USA Today in the 1st quarter valued at about $187,000. Finally, Creative Planning lifted its position in shares of USA Today by 110.9% during the 2nd quarter. Creative Planning now owns 79,251 shares of the company’s stock worth $284,000 after buying an additional 41,674 shares in the last quarter. Institutional investors own 76.71% of the company’s stock.

USA Today Stock Up 0.4%

TDAY opened at $6.82 on Tuesday. USA Today Co. has a twelve month low of $2.55 and a twelve month high of $6.96. The company’s 50-day moving average price is $6.19 and its two-hundred day moving average price is $5.10. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of -61.99 and a beta of 1.58. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 5.72.

USA Today (NYSE:TDAY) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.21) earnings per share (EPS) for the quarter. The company had revenue of $585.00 million for the quarter. USA Today had a return on equity of 5.68% and a net margin of 0.08%.

USA Today News Summary

Here are the key news stories impacting USA Today this week:

• Positive Sentiment: High-impact sports coverage around March Madness and Elite Eight games — big national sports pages typically drive large, engaged audiences and ad impressions during the tournament window. Read More.
• Positive Sentiment: Event/brand activation: USA TODAY Women of the Year honored at Angel City FC game — signals successful live/partnership programming that can support audience engagement and sponsorship revenue. Read More.
• Positive Sentiment: Frequent, utility-driven local coverage (TSA/airport wait times across major hubs) — these evergreen travel pieces attract steady search traffic and local advertising dollars. Read More.
• Neutral Sentiment: SpaceX rocket launch coverage — timely science/space stories can create short-term traffic spikes but are typically ephemeral in advertiser value. Read More.
• Neutral Sentiment: Talent and entertainment headlines (Peter Alexander’s new job; Savannah Guthrie’s return) — useful for audience engagement but unlikely to materially move revenue on their own. Read More.
• Negative Sentiment: Coverage of the Senate vote/government shutdown risk — a looming or actual federal shutdown can dent ad budgets and broader economic activity, creating downside risk for advertising-driven revenue if a protracted slowdown occurs. Read More.

Analyst Upgrades and Downgrades

TDAY has been the topic of a number of research analyst reports. Citigroup restated a “neutral” rating on shares of USA Today in a research note on Monday, February 2nd. Wall Street Zen upgraded USA Today from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Rosenblatt Securities assumed coverage on USA Today in a research report on Thursday, February 12th. They issued a “buy” rating and a $10.00 price objective on the stock. Citizens Jmp upped their price objective on USA Today from $6.00 to $8.00 and gave the company a “market outperform” rating in a research note on Friday, February 27th. Finally, Weiss Ratings raised USA Today from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, January 8th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $7.70.

USA Today Company Profile

Gannett Co, Inc (NYSE: GCI) is a media and marketing solutions company headquartered in McLean, Virginia. As the largest U.S. newspaper publisher by circulation, Gannett publishes USA Today alongside more than 260 local news brands. The company’s multimedia platforms include daily and weekly newspapers, websites, mobile apps and a network of subscription-based digital products.

In addition to journalism and content production, Gannett offers a suite of digital marketing services designed to help small and medium-sized businesses grow online.