O Brien Greene & Co. Inc Has $93,000 Position in Lee Enterprises, Incorporated (NYSE:LEE)

O Brien Greene & Co. Inc reduced its position in shares of Lee Enterprises, Incorporated (NYSE:LEE) by 46.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 11,800 shares of the company’s stock after selling 10,200 shares during the quarter. O Brien Greene & Co. Inc’s holdings in Lee Enterprises were worth $93,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in LEE. Teton Advisors Inc. lifted its holdings in Lee Enterprises by 27.7% during the 3rd quarter. Teton Advisors Inc. now owns 30,000 shares of the company’s stock worth $321,000 after purchasing an additional 6,500 shares during the last quarter. Gabelli Funds LLC increased its stake in Lee Enterprises by 8.2% during the 3rd quarter. Gabelli Funds LLC now owns 46,000 shares of the company’s stock worth $493,000 after acquiring an additional 3,500 shares during the period. Gamco Investors INC. ET AL increased its stake in Lee Enterprises by 17.8% during the 3rd quarter. Gamco Investors INC. ET AL now owns 73,950 shares of the company’s stock worth $792,000 after acquiring an additional 11,200 shares during the period. Finally, Wittenberg Investment Management Inc. bought a new position in Lee Enterprises during the 3rd quarter worth $1,210,000. 39.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Lee Enterprises news, major shareholder Digital Ltd Quint purchased 46,500 shares of the firm’s stock in a transaction dated Monday, March 18th. The shares were bought at an average price of $12.92 per share, for a total transaction of $600,780.00. Following the purchase, the insider now owns 704,000 shares in the company, valued at approximately $9,095,680. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last quarter, insiders have acquired 85,599 shares of company stock worth $1,177,335. Insiders own 11.40% of the company’s stock.

Lee Enterprises Stock Performance

Lee Enterprises stock opened at $12.74 on Friday. The stock’s fifty day moving average price is $11.89 and its two-hundred day moving average price is $10.35. Lee Enterprises, Incorporated has a one year low of $7.56 and a one year high of $15.89. The company has a debt-to-equity ratio of 20.47, a quick ratio of 0.87 and a current ratio of 0.94.

Lee Enterprises (NYSE:LEE) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.12 EPS for the quarter. Lee Enterprises had a negative return on equity of 30.92% and a negative net margin of 0.86%. The firm had revenue of $155.68 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Lee Enterprises from a “buy” rating to a “hold” rating in a research note on Wednesday, February 14th.

Lee Enterprises Company Profile

Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers digital subscription platforms; daily, weekly, and monthly newspapers and niche publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services, and reputation monitoring and management.