Barclays PLC Acquires 168,711 Shares of Gannett Co., Inc. (NYSE:GCI)

Barclays PLC raised its position in Gannett Co., Inc. (NYSE:GCI - Free Report) by 341.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 218,056 shares of the company's stock after purchasing an additional 168,711 shares during the period. Barclays PLC owned 0.15% of Gannett worth $1,224,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Virtue Capital Management LLC lifted its holdings in Gannett by 1.3% in the third quarter. Virtue Capital Management LLC now owns 174,793 shares of the company's stock valued at $982,000 after buying an additional 2,258 shares during the period. Rhumbline Advisers raised its position in shares of Gannett by 1.5% in the 2nd quarter. Rhumbline Advisers now owns 231,252 shares of the company's stock worth $1,066,000 after acquiring an additional 3,333 shares in the last quarter. Aigen Investment Management LP lifted its stake in shares of Gannett by 22.5% in the 3rd quarter. Aigen Investment Management LP now owns 18,549 shares of the company's stock valued at $104,000 after purchasing an additional 3,405 shares during the period. Silverberg Bernstein Capital Management LLC boosted its position in shares of Gannett by 0.8% during the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 515,066 shares of the company's stock valued at $2,895,000 after purchasing an additional 4,200 shares in the last quarter. Finally, Pingora Partners LLC boosted its position in shares of Gannett by 5.4% during the 3rd quarter. Pingora Partners LLC now owns 109,787 shares of the company's stock valued at $617,000 after purchasing an additional 5,600 shares in the last quarter. 76.71% of the stock is owned by institutional investors.

Gannett Stock Up 0.2 %

NYSE:GCI traded up $0.01 during trading hours on Tuesday, reaching $4.96. The company had a trading volume of 516,155 shares, compared to its average volume of 981,281. Gannett Co., Inc. has a twelve month low of $1.95 and a twelve month high of $5.93. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 3.88. The firm has a market cap of $731.16 million, a price-to-earnings ratio of -6.12 and a beta of 2.55. The business's 50-day simple moving average is $5.20 and its two-hundred day simple moving average is $5.08.

Wall Street Analyst Weigh In

Separately, Citigroup raised Gannett from a "sell" rating to a "neutral" rating and set a $5.10 price target on the stock in a research note on Tuesday, September 17th.

About Gannett

Gannett Co, Inc operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications.