Saga Communications Inc Stock as Institutional Investors Exit

June 18, 2018 - By Marie Mckinney

Saga Communications, Inc. (NYSEAMERICAN:SGA) Logo

Sentiment for Saga Communications Inc (NYSEMKT:SGA)

Saga Communications Inc (NYSEMKT:SGA) institutional sentiment decreased to 0.74 in Q1 2018. Its down -1.44, from 2.18 in 2017Q4. The ratio has dropped, as 14 active investment managers increased or started new stock positions, while 19 trimmed and sold stock positions in Saga Communications Inc. The active investment managers in our partner’s database reported: 4.53 million shares, down from 4.55 million shares in 2017Q4. Also, the number of active investment managers holding Saga Communications Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 16 Increased: 10 New Position: 4.

Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company has market cap of $230.97 million. It operates through two divisions, Radio and Television. It has a 4.2 P/E ratio. The companyÂ’s radio stations employ various programming formats, including classic hits, adult contemporary, classic rock, news/talk, and country.

The stock increased 0.07% or $0.0272 during the last trading session, reaching $38.9272. About 1,941 shares traded. Saga Communications, Inc. (NYSEMKT:SGA) has declined 19.34% since June 18, 2017 and is downtrending. It has underperformed by 31.91% the S&P500.

Towerview Llc holds 20.39% of its portfolio in Saga Communications, Inc. for 1.16 million shares. Minerva Advisors Llc owns 71,509 shares or 1.4% of their US portfolio. Moreover, Wcm Investment Management Ca has 0.02% invested in the company for 43,887 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.01% in the stock. Dimensional Fund Advisors Lp, a Texas-based fund reported 422,039 shares.

Saga Communications, Inc. (NYSEAMERICAN:SGA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: