Media stories about Gamco Investors (NYSE:GBL) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gamco Investors earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media headlines about the closed-end fund an impact score of 45.5232849640594 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Gamco Investors (GBL) opened at $25.88 on Friday. Gamco Investors has a twelve month low of $25.68 and a twelve month high of $32.60. The company has a debt-to-equity ratio of -1.95, a current ratio of 1.67 and a quick ratio of 0.90. The stock has a market capitalization of $759.97, a price-to-earnings ratio of 9.99 and a beta of 0.98.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 27th. Investors of record on Tuesday, March 13th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date is Monday, March 12th. Gamco Investors’s dividend payout ratio is currently 3.09%.
Separately, ValuEngine cut Gamco Investors from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd.
In related news, insider Der Eb Henry Van sold 882 shares of the stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $29.13, for a total value of $25,692.66. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 78.99% of the stock is owned by company insiders.
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About Gamco Investors
GAMCO Investors, Inc is a holding company. The Company is a provider of investment advisory services to open and closed-end funds, institutional and private wealth management investors principally in the United States. The Company operates through the investment advisory and asset management business segment.
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