Lee Enterprises, Incorporated (NYSE:LEE) Stock Holdings Decreased by Teton Advisors Inc.

Teton Advisors Inc. lowered its stake in Lee Enterprises, Incorporated (NYSE:LEE) by 11.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 26,500 shares of the company’s stock after selling 3,500 shares during the period. Teton Advisors Inc.’s holdings in Lee Enterprises were worth $209,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of LEE. Wittenberg Investment Management Inc. bought a new stake in shares of Lee Enterprises in the 3rd quarter worth about $1,210,000. Gamco Investors INC. ET AL grew its position in shares of Lee Enterprises by 17.8% during the 3rd quarter. Gamco Investors INC. ET AL now owns 73,950 shares of the company’s stock valued at $792,000 after buying an additional 11,200 shares during the last quarter. Finally, Gabelli Funds LLC grew its position in shares of Lee Enterprises by 8.2% during the 3rd quarter. Gabelli Funds LLC now owns 46,000 shares of the company’s stock valued at $493,000 after buying an additional 3,500 shares during the last quarter. Institutional investors own 39.20% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Lee Enterprises from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th.

Insiders Place Their Bets

In other news, major shareholder Digital Ltd Quint bought 17,000 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was purchased at an average price of $15.61 per share, for a total transaction of $265,370.00. Following the transaction, the insider now owns 763,000 shares in the company, valued at $11,910,430. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders bought 85,599 shares of company stock worth $1,177,335. Insiders own 11.40% of the company’s stock.

Lee Enterprises Stock Performance

Shares of NYSE:LEE traded up $0.29 during trading on Thursday, reaching $12.50. 16,474 shares of the company’s stock traded hands, compared to its average volume of 36,754. The company has a debt-to-equity ratio of 20.47, a current ratio of 0.94 and a quick ratio of 0.87. Lee Enterprises, Incorporated has a 12 month low of $7.56 and a 12 month high of $15.89. The company has a 50 day moving average of $12.05 and a 200-day moving average of $10.39. The stock has a market capitalization of $76.75 million, a P/E ratio of -12.72 and a beta of 1.22.

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

Lee Enterprises 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.