O Shaughnessy Asset Management LLC increased its holdings in shares of Lee Enterprises, Incorporated (NYSE:LEE) by 377.8% during the third quarter, HoldingsChannel.com reports. The fund owned 152,231 shares of the company’s stock after buying an additional 120,367 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Lee Enterprises were worth $403,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. North Star Investment Management Corp. bought a new position in Lee Enterprises in the 2nd quarter valued at about $3,161,000. Acadian Asset Management LLC bought a new position in Lee Enterprises in the 2nd quarter valued at about $3,530,000. Russell Investments Group Ltd. grew its position in Lee Enterprises by 1.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,901,085 shares of the company’s stock valued at $5,420,000 after buying an additional 28,172 shares in the last quarter. BlackRock Inc. grew its position in Lee Enterprises by 9.4% in the 2nd quarter. BlackRock Inc. now owns 275,935 shares of the company’s stock valued at $787,000 after buying an additional 23,689 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Lee Enterprises by 91.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 220,909 shares of the company’s stock valued at $630,000 after buying an additional 105,700 shares in the last quarter. Institutional investors and hedge funds own 39.22% of the company’s stock.

Shares of LEE opened at $2.49 on Friday. The stock has a market capitalization of $144.41 million, a P/E ratio of 7.23 and a beta of 1.77. Lee Enterprises, Incorporated has a 52-week low of $1.95 and a 52-week high of $3.30.

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Lee Enterprises Profile

Lee Enterprises, Incorporated provides local news and information, and advertising services primarily in the Midwest, Mountain West, and West regions of the United States. It publishes 47 daily newspapers with 0.8 million circulation units, as well as Sunday newspapers with 1.2 million circulation units; and 300 weekly newspapers, and classified and niche publications in 22 states with print and related digital operations.

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Institutional Ownership by Quarter for Lee Enterprises (NYSE:LEE)

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