Tudor Investment Corp ET AL Sells 282,609 Shares of USA Today Co. $TDAY

Tudor Investment Corp ET AL reduced its holdings in USA Today Co. (NYSE:TDAYFree Report) by 91.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,000 shares of the company’s stock after selling 282,609 shares during the period. Tudor Investment Corp ET AL’s holdings in USA Today were worth $107,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TDAY. AQR Capital Management LLC boosted its stake in shares of USA Today by 47.6% during the 1st quarter. AQR Capital Management LLC now owns 566,994 shares of the company’s stock worth $1,639,000 after buying an additional 182,824 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of USA Today by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 84,362 shares of the company’s stock valued at $244,000 after acquiring an additional 3,588 shares during the last quarter. Empowered Funds LLC raised its holdings in USA Today by 2.0% during the first quarter. Empowered Funds LLC now owns 951,925 shares of the company’s stock worth $2,751,000 after acquiring an additional 18,933 shares in the last quarter. Strs Ohio bought a new stake in USA Today during the first quarter worth about $187,000. Finally, Creative Planning boosted its position in USA Today by 110.9% during the second quarter. Creative Planning now owns 79,251 shares of the company’s stock valued at $284,000 after purchasing an additional 41,674 shares during the last quarter. 76.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on TDAY shares. Wall Street Zen upgraded USA Today from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Citizens Jmp increased their price objective on USA Today from $6.00 to $8.00 and gave the company a “market outperform” rating in a report on Friday, February 27th. Weiss Ratings upgraded shares of USA Today from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, January 8th. Citigroup reiterated a “neutral” rating on shares of USA Today in a research note on Monday, February 2nd. Finally, Rosenblatt Securities initiated coverage on shares of USA Today in a research report on Thursday, February 12th. They issued a “buy” rating and a $10.00 price objective for the company. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.70.

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USA Today Price Performance

TDAY stock opened at $7.10 on Friday. USA Today Co. has a 1-year low of $2.55 and a 1-year high of $7.32. The business’s 50 day simple moving average is $6.28 and its 200 day simple moving average is $5.17. The company has a current ratio of 0.75, a quick ratio of 0.73 and a debt-to-equity ratio of 5.72. The firm has a market capitalization of $1.04 billion, a PE ratio of -64.54 and a beta of 1.44.

USA Today (NYSE:TDAYGet Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.21) earnings per share (EPS) for the quarter. USA Today had a net margin of 0.08% and a return on equity of 5.68%. The business had revenue of $585.00 million for the quarter.

USA Today Profile

(Free Report)

Gannett Co, Inc (NYSE: GCI) is a media and marketing solutions company headquartered in McLean, Virginia. As the largest U.S. newspaper publisher by circulation, Gannett publishes USA Today alongside more than 260 local news brands. The company’s multimedia platforms include daily and weekly newspapers, websites, mobile apps and a network of subscription-based digital products.

In addition to journalism and content production, Gannett offers a suite of digital marketing services designed to help small and medium-sized businesses grow online.

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Institutional Ownership by Quarter for USA Today (NYSE:TDAY)

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