Gamco Investors Inc (NYSE:GBL) Sentiment Improved, Because

June 16, 2018 - By Henry Gaston

GAMCO Investors, Inc. (NYSE:GBL) Logo

Sentiment for Gamco Investors Inc (NYSE:GBL)

Gamco Investors Inc (NYSE:GBL) institutional sentiment increased to 1.63 in 2018 Q1. Its up 0.60, from 1.03 in 2017Q4. The ratio is better, as 39 investment professionals increased and started new holdings, while 24 sold and trimmed positions in Gamco Investors Inc. The investment professionals in our partner’s database now hold: 5.05 million shares, down from 5.24 million shares in 2017Q4. Also, the number of investment professionals holding Gamco Investors Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 18 Increased: 29 New Position: 10.

GAMCO Investors, Inc. is a publicly owned holding investment manager. The company has market cap of $727.97 million. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distribution services to its clients. It has a 9.36 P/E ratio. It provides its services to individuals including high net worth individuals, corporate pension and profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies.

The stock decreased 2.32% or $0.6 during the last trading session, reaching $25.27. About 29,881 shares traded or 28.35% up from the average. GAMCO Investors, Inc. (NYSE:GBL) has declined 9.75% since June 16, 2017 and is downtrending. It has underperformed by 22.32% the S&P500.

Gabelli & Co Investment Advisers Inc. holds 4.81% of its portfolio in GAMCO Investors, Inc. for 1.53 million shares. Barr E S & Co owns 533,112 shares or 1.39% of their US portfolio. Moreover, Midas Management Corp has 0.92% invested in the company for 78,777 shares. The New York-based S. Muoio & Co. Llc has invested 0.9% in the stock. Greenwich Wealth Management Llc, a Connecticut-based fund reported 160,093 shares.

Another recent and important GAMCO Investors, Inc. (NYSE:GBL) news was published by which published an article titled: “Gabelli Funds to Launch Actively Managed ETMF – Gabelli Pet Parents â„¢” on June 12, 2018.

GAMCO Investors, Inc. (NYSE:GBL) Institutional Positions Chart

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