Gamco Investors (GBL) Receives Daily Media Sentiment Score of 0.12
Media stories about Gamco Investors (NYSE:GBL) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gamco Investors earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the closed-end fund an impact score of 45.0892515632237 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, BidaskClub lowered Gamco Investors from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th.
Shares of Gamco Investors (GBL) opened at 30.11 on Friday. Gamco Investors has a 12-month low of $27.55 and a 12-month high of $33.55. The company’s 50-day moving average price is $29.21 and its 200 day moving average price is $29.43. The company has a market cap of $869.58 million, a price-to-earnings ratio of 8.20 and a beta of 1.05.
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 26th. Stockholders of record on Tuesday, September 12th were paid a $0.02 dividend. The ex-dividend date was Monday, September 11th. This represents a $0.08 annualized dividend and a dividend yield of 0.27%. Gamco Investors’s dividend payout ratio is presently 2.17%.
In related news, insider Kieran Caterina sold 2,325 shares of the firm’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $29.47, for a total value of $68,517.75. Following the transaction, the insider now owns 5,242 shares of the company’s stock, valued at approximately $154,481.74. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 78.99% of the stock is currently owned by company insiders.
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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