Gamco Investors INC. ET AL Buys 19,800 Shares of Lee Enterprises, Incorporated (NYSE:LEE)

Gamco Investors INC. ET AL lifted its position in Lee Enterprises, Incorporated (NYSE:LEE) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 364,940 shares of the company’s stock after buying an additional 19,800 shares during the quarter. Gamco Investors INC. ET AL owned approximately 5.90% of Lee Enterprises worth $5,394,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Barclays PLC bought a new stake in Lee Enterprises during the 4th quarter worth approximately $40,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of Lee Enterprises in the fourth quarter worth $214,000. Geode Capital Management LLC increased its holdings in shares of Lee Enterprises by 3.0% in the fourth quarter. Geode Capital Management LLC now owns 46,185 shares of the company’s stock worth $683,000 after purchasing an additional 1,335 shares during the period. Gabelli Funds LLC raised its position in shares of Lee Enterprises by 5.8% in the fourth quarter. Gabelli Funds LLC now owns 181,500 shares of the company’s stock worth $2,683,000 after buying an additional 10,000 shares in the last quarter. Finally, Cannell Capital LLC boosted its stake in Lee Enterprises by 0.6% during the fourth quarter. Cannell Capital LLC now owns 215,158 shares of the company’s stock valued at $3,180,000 after buying an additional 1,352 shares during the period. 39.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Lee Enterprises from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

Lee Enterprises Stock Down 1.5 %

LEE stock opened at $8.52 on Thursday. The company’s 50 day moving average is $9.62 and its 200 day moving average is $13.00. The stock has a market cap of $52.75 million, a price-to-earnings ratio of -1.17 and a beta of 0.73. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 69.34. Lee Enterprises, Incorporated has a 1-year low of $7.57 and a 1-year high of $19.63.

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.