Central Europe Russia & Turkey Fund Inc (NYSE:CEE) Shifting Institutional Investors Sentiment

June 19, 2017 - By Migdalia James

 Central Europe Russia & Turkey Fund Inc (NYSE:CEE) Shifting Institutional Investors Sentiment

Sentiment for Central Europe Russia & Turkey Fund Inc (NYSE:CEE)

Central Europe Russia & Turkey Fund Inc (NYSE:CEE) institutional sentiment increased to 0.78 in 2016 Q4. Its up 0.05, from 0.73 in 2016Q3. The ratio has increased, as 7 investment professionals started new or increased equity positions, while 9 reduced and sold their stock positions in Central Europe Russia & Turkey Fund Inc. The investment professionals in our partner’s database now own: 4.64 million shares, up from 4.49 million shares in 2016Q3. Also, the number of investment professionals holding Central Europe Russia & Turkey Fund Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 8 Increased: 6 New Position: 1.

The Central Europe, Russia and Turkey Fund, Inc. is a non-diversified, closed-end management investment company. The company has market cap of $156.75 million. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central Europe, Russia and Turkey. It currently has negative earnings. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus borrowings used for investment purposes) in securities of issuers domiciled in Central Europe, Russia and Turkey.

It is down 21.02% since June 19, 2016 and is uptrending. It has outperformed by 4.32% the S&P500.

City Of London Investment Management Co Ltd holds 2.57% of its portfolio in Central Europe Russia and Turkey Fnd Inc for 1.56 million shares. 1607 Capital Partners Llc owns 289,826 shares or 0.4% of their US portfolio. Moreover, Meridian Investment Counsel Inc. has 0.36% invested in the company for 26,560 shares. The Texas-based Doliver Capital Advisors Inc. has invested 0.3% in the stock. Montgomery Investment Management Inc, a Maryland-based fund reported 20,920 shares.#img1#

More news for Central Europe Russia and Turkey Fnd Inc (NYSE:CEE) were recently published by: Businesswire.com, which released: “The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund …” on April 28, 2017. Businesswire.com‘s article titled: “The Central Europe, Russia and Turkey Fund, Inc., The New Germany Fund, Inc …” and published on December 20, 2016 is yet another important article.

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