Ascent Capital Group Inc. (NASDAQ:ASCMA) was upgraded by equities research analysts at Imperial Capital from an “in-line” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday. The brokerage currently has a $21.00 price objective on the stock. Imperial Capital’s price target indicates a potential upside of 10.88% from the company’s previous close.

Separately, Zacks Investment Research upgraded Ascent Capital Group from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a report on Friday, August 12th.

Ascent Capital Group (NASDAQ:ASCMA) opened at 18.94 on Wednesday. The firm has a 50-day moving average of $21.59 and a 200-day moving average of $19.23. Ascent Capital Group has a one year low of $7.77 and a one year high of $26.16. The company’s market capitalization is $234.17 million.

In other news, VP William E. Niles sold 1,500 shares of Ascent Capital Group stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $23.36, for a total value of $35,040.00. Following the completion of the transaction, the vice president now owns 61,908 shares in the company, valued at approximately $1,446,170.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 8.65% of the stock is owned by insiders.

Several large investors have recently modified their holdings of ASCMA. Acrospire Investment Management LLC raised its stake in shares of Ascent Capital Group by 1.5% in the third quarter. Acrospire Investment Management LLC now owns 6,681 shares of the company’s stock valued at $155,000 after buying an additional 97 shares during the period. California State Teachers Retirement System raised its stake in shares of Ascent Capital Group by 0.5% in the third quarter. California State Teachers Retirement System now owns 21,498 shares of the company’s stock valued at $498,000 after buying an additional 100 shares during the period. Acadian Asset Management LLC raised its stake in shares of Ascent Capital Group by 4.9% in the second quarter. Acadian Asset Management LLC now owns 13,210 shares of the company’s stock valued at $203,000 after buying an additional 614 shares during the period. BlackRock Advisors LLC raised its stake in shares of Ascent Capital Group by 12.8% in the third quarter. BlackRock Advisors LLC now owns 7,025 shares of the company’s stock valued at $163,000 after buying an additional 795 shares during the period. Finally, State Board of Administration of Florida Retirement System raised its stake in shares of Ascent Capital Group by 6.1% in the second quarter. State Board of Administration of Florida Retirement System now owns 18,198 shares of the company’s stock valued at $280,000 after buying an additional 1,043 shares during the period. 84.63% of the stock is currently owned by institutional investors and hedge funds.

Ascent Capital Group Company Profile

Ascent Capital Group, Inc is a holding company. The Company’s segments include Monitronics, LiveWatch and Other Activities. The Company’s subsidiaries include Monitronics International, Inc (Monitronics) and LiveWatch Security, LLC (LiveWatch). Monitronics provides a range of residential security services, including hands-free two-way interactive voice communication with the monitoring center, cellular options, and an interactive service option, which allows the customer to control their security system remotely using a computer or smart phone.

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