2,658,517 Shares in Radio One, Inc. (UONEK) Purchased by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP acquired a new position in Radio One, Inc. (NASDAQ:UONEK) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,658,517 shares of the company’s stock, valued at approximately $5,982,000. Dimensional Fund Advisors LP owned 5.54% of Radio One as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also bought and sold shares of the company. Spark Investment Management LLC bought a new position in shares of Radio One in the second quarter worth about $110,000. Northern Trust Corp bought a new position in shares of Radio One in the second quarter worth about $116,000. Parkwood LLC bought a new position in shares of Radio One in the second quarter worth about $124,000. LMR Partners LLP bought a new position in Radio One during the second quarter valued at about $140,000. Finally, Phoenix Investment Adviser LLC bought a new position in Radio One during the second quarter valued at about $467,000. Institutional investors and hedge funds own 40.32% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: This report was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another domain, it was stolen and republished in violation of international copyright law. The original version of this report can be read at https://www.thecerbatgem.com/2017/11/21/2658517-shares-in-radio-one-inc-uonek-purchased-by-dimensional-fund-advisors-lp.html.
Radio One, Inc. (NASDAQ:UONEK) opened at $1.50 on Tuesday. Radio One, Inc. has a 12 month low of $1.35 and a 12 month high of $3.50. The company has a debt-to-equity ratio of -12.31, a current ratio of 2.62 and a quick ratio of 2.62.
Urban One, Inc, formerly Radio One, Inc, together with its subsidiaries, is an urban-oriented, multi-media company. The Company’s radio broadcasting franchise business primarily targets African-American and urban listeners. It operates through four segments: radio broadcasting; Reach Media, Inc (Reach Media); Internet, and cable television.
Receive News & Stock Ratings for Radio One Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Radio One Inc. and related stocks with our FREE daily email newsletter.