share_log

Urban One, Inc. (NASDAQ:UONEK) Stock Position Trimmed by New York State Common Retirement Fund

Defense World ·  Feb 26, 2023 04:23

New York State Common Retirement Fund decreased its position in Urban One, Inc. (NASDAQ:UONEK – Get Rating) by 49.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,253 shares of the company's stock after selling 10,847 shares during the period. New York State Common Retirement Fund's holdings in Urban One were worth $48,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Barclays PLC increased its position in Urban One by 74.5% in the 3rd quarter. Barclays PLC now owns 550,852 shares of the company's stock valued at $2,341,000 after acquiring an additional 235,250 shares during the period. Stokes Family Office LLC increased its position in Urban One by 44.7% in the 2nd quarter. Stokes Family Office LLC now owns 20,742 shares of the company's stock valued at $89,000 after acquiring an additional 6,406 shares during the period. State Street Corp increased its position in Urban One by 4.9% in the 1st quarter. State Street Corp now owns 107,817 shares of the company's stock valued at $555,000 after acquiring an additional 5,061 shares during the period. Northern Trust Corp increased its position in Urban One by 186.8% in the 2nd quarter. Northern Trust Corp now owns 115,051 shares of the company's stock valued at $492,000 after acquiring an additional 74,937 shares during the period. Finally, Invesco Ltd. acquired a new stake in Urban One in the 1st quarter valued at approximately $394,000. Institutional investors and hedge funds own 19.47% of the company's stock.

Get Urban One alerts:

Urban One Stock Performance

Shares of NASDAQ UONEK opened at $5.00 on Friday. The stock has a fifty day moving average price of $4.67 and a two-hundred day moving average price of $4.55. The company has a debt-to-equity ratio of 2.87, a quick ratio of 2.55 and a current ratio of 2.55. The firm has a market cap of $241.90 million, a P/E ratio of 6.41 and a beta of 0.95. Urban One, Inc. has a 1 year low of $3.36 and a 1 year high of $6.99.

Urban One Company Profile

(Get Rating)

Urban One, Inc is a multi-media company engaged in radio broadcasting that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations.

Featured Articles

  • Get a free copy of the StockNews.com research report on Urban One (UONEK)
  • MarketBeat Week in Review – 2/20 – 2/24
  • Carvana Skidding On Revenue Decrease, Heavy Debt Burden
  • What Are Consumer Staples Stocks?
  • Is Rocky Brands Dividend A Good Fit For Your Portfolio?
  • Beyond Meat Stock Is Not Beyond Hope

Receive News & Ratings for Urban One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban One and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment